Tanning Salons for sale in Telford

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Y. MacGregor (Nov 2017)
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Leasehold Price: £49,999 Price Reduced Turnover: £36,652
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Business Description
Hilton Smythe welcomes to the market No White Bits Ltd.

No White Bits Ltd was founded by the two current owners in 2016 when they identified a gap in the market and has been a real labour of love with the aim of becoming the best type of this business in the area.

The business is now being sold albeit reluctantly and with a heavy heart only so that the owners can concentrate on their other business interests. The vendors are especially keen to see the business pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

No White Bits as the name suggests, is a friendly and inviting tanning salon that offers both stand up and lie down sunbeds. The business offers standard pricing, with prices starting at only £2 for 3 minutes as well as monthly subscriptions which are proving popular, they include a Bronze package at £8.99 per week, a Silver package at £9.99 per week and a Gold package at £11.99 per week.

No White Bits has many regular customers and the business enjoys good visibility on the internet. The sale will include a quality website that is both interesting and informative and has an online booking facility as well as all social media platforms such as a Facebook page with 1411 likes and Twitter and Instagram accounts.

Scope to Improve
1. Advertising and marketing campaign
2. Introduce spray tanning, there is ample room at the premises
3. Sub-let Beauty rooms to a complimentary business, perhaps nails or brows
4. Extend the opening hours, demand locally for Sundays
5. Consider stocking and selling a range of branded products
6. Explore online discounters such as Groupon and Wowcher

Hilton Smythe highly advise early viewing to avoid disappointment. This business is likely to attract considerable interest.

No White Bits Ltd. is located in Madeley, Telford in the county of Shropshire.

Madeley is a town and civil parish in Shropshire, now part of the new town of Telford. The parish had a population of 17,935 at the 2001 census.

The B4373 runs through the town and the A4169 runs along its northern edge. The nearest motorway is the M54 which connects Telford to the West Midlands Conurbation and the rest of the motorway network. Town bus services are provided by Arriva and a community bus service is provided.

No White Bits Ltd is ideally situated in a modern, purpose-built shopping centre which is unusually busy and vibrant and as such benefits from high levels of footfall and passing trade. The business premises are presented and maintained to the highest possible standards with clear visible signage and distinctive livery. There is free on street car parking close to the premises, and there is a large Tesco supermarket with free car parking for two hours just across the road.

There is residential building going on locally which is likely to increase footfall further.

The business occupies a recently built, inner terraced retail unit and really is presented to a lovely standard and briefly comprises;

Windows and glazed door to front creating a light airy, and inviting interior, generously proportioned and cleverly designed to maximise the space available, slate effect tiled floor, customer waiting area with leather effect sofas, wall mounted TV, bespoke counter with curved top, freestanding glass display cabinet.

Tanning Room 1
Nicely proportioned room with Megasun 5600 lie down sun bed. Floating shelf, wall mounted mirror.

Tanning Room 2
Good sized room with Megasun 6800 lie down sunbed. Floating shelf, wall mounted mirror.

Tanning Room 3
Comfortable changing area, American Leisure stand up sun bed

Store Room
There is a useful store Room with ample floor storage space

Walk in Store
Useful walk in store

Shared with neighbouring businesses, range of base and wall units, stainless steel sink and drainer

With toilet and hand wash basin.

We are advised that No White Bits Ltd. Is being sold as a leasehold business opportunity. The existing 3-year lease has approximately a year remaining, and the rent is a reasonable £8,400 per annum.

We are further advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

We are advised that the business benefits from being exempt from business rates and none were payable at the time of instruction.

Monday to Friday 9am – 8pm
Saturday 10am – 5pm
Sunday Closed

The business is run and managed by our two clients with the help of casuals when required.

Financial Profile
No White Bits Ltd generated an advised turnover of circa £37.000 as of the 2017 accounts but it needs to be stressed that this is a relatively new business and turnover is increasing at an impressive rate, month on month as the business becomes more established.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

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