Summary
- Asking price:
-
£12,500
- Sales revenue:
- £34,000
- Net profit:
- Available on request
Business description
Advent Business Sales have been instructed to offer for sale this established Tanning Studio.
Established over 10 years ago and in the hands of the current vendor for the last 22 months, it is now reluctantly offered for sale due to the vendors other business interests.
The business offers a tanning only service and has 5 sun beds over the ground and first floor. Three lie down beds and 2 stand up.
There is an active loyal customer database of approximately 1500 detailed on the shop’s computer.
The business is staffed by the owner, with occasional part time staff.
The vendor is willing to assist in a hand over period if required.
Property information
- Property:
- Leasehold
- Lease terms:
- TENURE: Leasehold
Original lease: 3 years (Extendable upon request)
Remaining lease: 1.5 years
(Renegotiable extension on request)
Review every: 3 years
Rent: £12,500 per annum
We are advised that the annual business rates are currently: £1,400
Landlord happy to negotiate a longer lease to suit.
- Living accommodation:
- BUSINESS PREMISES
Shop situated on main road on parade with push button entry, alarmed and decorated to high standard throughout. Briefly comprising of:
Ground Floor
- Entrance door with entry buzzer leading to main reception area with laminate flooring
- Reception desk with computerised data base and comfortable customer seating area
- 3 separate sunbed rooms – 2 stand up and 1 lie down
- Stock Storage area
- Newly furbished Beauty Room.
- Staff kitchen
First Floor
- 2 separate sunbed rooms – 2 lie down beds.
- Storage area (2nd Kitchen) and w/c
- 2 Spare rooms for expansion opportunity. Room 1 Ideal for spray tanning, Room 2 ideal for beauty treatments, Nail etc
Cellar (lower Ground floor)
- Storage Area
External
- Private Car parking to rear with space for several cars.
- Rear court yard
- Free Parking at front of premises (time limited )
- Location:
- Our client is ideally located in a densely populated residential area on the edge of a parade of shops. There is ample car parking to the rear of the shop.
There are excellent transport links, with easy access to the A435.
Other information
- Expansion potential:
- There is excellent potential to expand the business further by offering many services that would give customers a one stop beauty shop.
Our existing clients have expressed great interest in the following services been provided by ourselves.
Spray Tanning : Nail Extensions : Beauty Therapy : Exclusive Beauty Services to include more advanced treatments.
There is little advertising needed due to the Studio’s excellent reputation as the leading provider of indoor tanning in the area, An advertising campaign would be beneficial with the introduction of new services.
The opening hours could also be extended to include Sunday’s.
Expansion of the current service offering would result in a substantial increase in turnover.
- Trading hours:
- 7 Days a Week
- Financing available:
- Please let us know if you require finance for the purchase of a business.