Tanning Salons for sale in Gosport

View the "Tanning and Beauty Salon, Amidst Residential Shopping Precinct, Near Fareham, Hampshire" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Tanning and Beauty Salon, Amidst Residential Shopping Precinct, Near Fareham, Hampshire

Gosport, Hampshire, England

  • Leasehold Price: £120,000
  • Annual Turnover: £129,361
  • Annual Net Profit: £60,000
Seller Reference: M3770
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Business Description
 
 
 
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Seller Reference: M3770
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Business Description
TANNING & BEAUTY SALON, AMIDST RESIDENTIAL SHOPPING PRECINCT, NR FAREHAM, HANTS. Profitable, staff-run business with approx. 3,000 registered members. Offering a range of sunbed courses, as well as spray tanning, nails & beauty. Reception with PC & nail bar. 4 tanning rooms (2 with extraction) & beauty treatment room. Open 6 days. Management Accts record gross T/O of £129,361 for y/e Sept 2018. Adjusted Net Profit £60,000+. 7 yr lease from May 2017 at current rental of £6,500 p.a.x. – new lease avail. - £120,000 + S.A.V. (Ref. M.3770)
Trading hours:
The Salon opens from 9.30 am until 8.00 pm from Monday to Friday and from 9.00 am until 7.00 pm on Saturday. By choice the business is closed on Sunday.
Number of employees:
3
Tenure:
Leasehold
Location Details:
Situated amidst residential shopping precinct, serving the surrounding, thickly populated, area with the benefit of ample car parking.
Leasehold Term:
The premises are held on a lease for a term of 7 years, which commenced on 3 May 2017. The current rental amounts to £6,500 per annum, increasing annually by £250.00 until 3 May 2021 when the rent is fixed at £7,250 for the remaining 3 years of the term. NB We understand that a new lease can be made available if required – not verified.
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