Established Tanning & Beauty Salon - Wilmslow

Affluent Area Of Cheshire
Accounts Available Year End 31st August 2019
Annual Turnover £102,517
Gross Profit £87,632
Accounts Available After Viewing
Strong Social Media Following
Scope To Expand Range Of Services Offered
EPC - E
Blacks Brokers are pleased to bring to the market this leasehold tanning lounge and beauty salon located in Wilmslow, Cheshire.

INTRODUCTION

Wilmslow Tanning Lounge has been trading on Church Street since 2016 when our client first opened the business. The business is located in Wilmslow town centre and offers tanning and beauty services under one roof. The business sets out to provide a high level of customer service to ensure all client needs are met and this customer service has enabled the business to attract over a thousand Facebook followers and excellent online reviews.

LOCATION

Situated on Church Street the business benefits from a heavy footfall in this busy location. The business is located in this busy street with Waitrose Supermarket just two doors away attracting huge volumes of passing traffic. The business is surrounded by high end restaurants and bars. The business attracts clients from Wilmslow and Alderley Edge both extremely sought after and affluent areas of Cheshire.

REASON FOR SALE

This opportunity has become available due to our client’s other business interests and therefore the business has been placed on the market at this appealing price point.

LEASE

The building is available on a 8 year FRI ( Full Repair and Insuring ) lease that commenced in 2016 with a rental of £346 per week with a rent review in 2021.

BUILDING LAYOUT AND DESIGN

The lease covers the ground floor and basement of the beautifully presented property. The business operates from this impressive double fronted building that creates an excellent first impression with its large display windows and striking signage. Once inside the building the finish can be fully appreciated, our client has fitted the interior to an exceptional standard. The main door opens onto the main beauty salon with three beauty stations on the ground floor. There are three tanning rooms also on the ground floor with a fire exit to the rear exiting onto a yard area. In the basement there are toilet facilities, a bathroom and two additional beauty rooms. There are also three other large rooms that could be renovated and made into workable space should a new owner wish to do so. The property is 100% commercial and is fully alarmed.

STAFF

Our client works in the business on a full time basis and is supported by two beauty therapists. Our client also rents space to self employed beauty therapists.

FINANCIAL DETAILS


Currently the business is trading steadily over its long trading heritage. We are informed by our client that the business shows a turnover of £107,487 and a gross profit of £105,431 and a pre tax profit of £5,209

BUSINESS RATES

The business currently benefits from Small Business Rates Relief.

SUMMARY


This is a well respected beauty and tanning lounge located in a highly sought after and affluent area of Cheshire with an impressive social media audience allowing the business to benefit from a high level of repeat custom and referrals.

The business has shown steady trading figures since it opened in 2016 and therefore provides a solid platform for a new owner to build upon and perhaps expand the business by renting out more space and expanding the beauty side of the business.

Overall this beautifully presented business offers a new owner an excellent and lucrative opportunity to push the business forward onto the next level. Early viewings are advised. Fixtures:
Luxura V8 Sunbed

Luxura X7 Sunbed

Teeth Whitening Machine

Nail Stations

Beauty Chairs