City Business Brokers would like to introduce to the market this popular Tanning and Beauty salon which was founded in 2000 and has been in our clients’ hands since 2008. It is very well-known in the area, benefiting from a high amount of repeat trade. It currently has over 600 clients registered and this is increasing month on month. The studio is very well-presented with good décor and subdued lighting and offers three state-of-the-art vertical tanning units and a leg tanner (all included in the selling price). Professional guidance is given from staff on safe tanning and tanning products are available to purchase. The business reports a turnover of £60000 per annum.
We believe the business has huge potential to increase turnover. There are no bed rental costs as they are owned outright by the business. Further savings/increased profits will be indicated by the owner to any prospective purchaser at the time of negotiations. We highly recommend early viewing of this turnkey business with potential for future growth, with our client willing to offer a one month period of background support to the new owner if required.
The present owner utilises the one beauty room and rents that on a regular basis to fellow professionals such as a Foot Practitioner, Beautician and a Facial Aesthetics Nurse. The salon also has a Barbers Chair which is also rented out.
We are advised Leasehold. Original lease length is 3 years which is due to end in June 2022. A new lease is available on expiry.
Rent is £640 per month and Business Rates amount to zero.
The business opens: Monday to Friday 10.00am-7.00pm, Saturday 10.00am- 6.00pm. Sunday closed.
The business is owner-run and managed with the assistance of 1 part-time member of staff.
The business reports a healthy turnover of £60000 plus, with plenty of potential to embrace other beauty treatments.
A FREEHOLD OPTION IS AVAILABLE AS AN ALTERNATIVE.
Genuine reason for sale.
A full profile is available once a confidentiality & non disclosure agreement has been signed. All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
Lease until 2022. A new lease is available.