Hilton Smythe would like to introduce to the market Cool Tan Ltd, situated on Washway Road, Sale.
This popular tanning studio was originally founded in 2013 and is very well known in the area, benefiting from a high amount of repeat trade, currently having over 5000 unique clients registered, increasing month on month by approximately 70.
Our client took over the business in June 2017, and is now pursuing another opportunity in London.
The studio is very well presented with vibrant decor and neon lighting and offers state of art lie down and stand up beds. Staff offer professional guidance on safe tanning and tanning products available to purchase.
The business also benefits from an income of £80 per week from a rented nail station/ area.
In addition, there is a private, lockable beauty room currently set up for spray tanning/ beauty treatments, but can be utilised for several purposes, which opens up the potential to generate additional income if let for further beauty treatments.
There is a further private room currently housing a Flabelos Personal Vibration Plate with personal remote TV.
Hilton Smythe highly recommend early viewing of this turn key business with potential for future growth, with our client willing to offer support to the new owner if required.Location
The business is located in the affluent town of Sale, Greater Manchester.
Cool Tan occupies a prime trading location on the busy commuter road A56 between Sale and Altrincham with constant passing trade and a high volume of foot traffic.
The business sits within a busy retail parade serving the many residents living in this prosperous area and further benefits from a large area of private parking directly outside.
Sale is around 7 miles from Manchester City Centre, the area is easily accessible from the M56 and M60.Premises
Mid parade premise set back from main road.
• Main waiting area
• Reception area
• Nail station
• 3 extremely large oversized cubicle style rooms for lie down sunbeds
• Nail/beauty room
• Separate private lockable spray tan beauty room
• Stand up sun shower room
• Flabelos room at the rear of the property
• Small kitchen
Equipment included in the sale includes:
• 3 Zenith lie down beds
• Stand up aurora sun shower
• Flabelos personal vibration plate machine
• 1 x Sofa
• 45” TV
• Electric water cooler
• 3 phase electric Automated T-Max bed control system
• Remote individual room fans Cool air system
• Fire alarm - professional fitted Premises alarm New smart CCTV system T max system
• UV reader included [this indicates when tubes need replacing]
• 3 beds have 'Blue Twist'
• 1 bed has 'Collatan Maxi Pink Twist' [giving clients Collatan & tanning benefits]
The business also has a secure automatically controlled front access door [from reception]Tenure
We are advised the premises is Leasehold with 6 years remaining on the current Lease.
Annual rent of £13,500
The business benefits from being rates exempt.Hours
Monday: 11.30 am – 8.30 pm
Tuesday: 11.30 am – 8.30 pm
Wednesday: 11.30 am – 8.30 pm
Thursday: 11.30 am – 9.00 pm
Friday: 11.30 am – 8.30 pm
Saturday: 11.30 am – 5.30 pm
Sunday: 11.30 am – 5.00 pmStaff
Owner ran with 2 part time staff members, our client advises the staff members are an excellent asset to the business, very loyal and well experienced.Financial Profile
We are advised the accounts show a 12-month turnover of £73,508 as of 2019.