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Advert Details

Tanning Salon Established 9 Years For Sale

(Ref: 9282DY)

West Midlands, United Kingdom

Financials

Asking price: £35,000

Sales revenue: £42,100

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
Advent Business Sales is pleased to have been instructed to offer to the market this well established and profitable tanning salon.

Established by the vendor 9 years ago, it is now being reluctantly offered for sale to enable him to follow an unrelated business venture.

The salon is well maintained and decorated to a high standard with air conditioning and laminate flooring throughout.

The business has an excellent local reputation with many customers returning on a regular basis the whole year round.

The salon has 3 vertical award winning Tansun Symphony sun beds and a horizontal Rhapsody sun bed and all are in excellent condition.

New business is generated from the location with a highly visible frontage and by personal recommendation and word of mouth.

This is an ideal first time business.


REF: 9282DY

Employees: The salon is staffed by the vendor full time with the assistance of 2 part timers who each work approximately 16 hours per week.

Trading hours: Mon - Thurs: 10.00am – 7.00am Fri - Sat: 10.00am – 6.00pm

Property: Leasehold


Lease terms
TENURE: Leasehold Original lease: Remaining lease: Expires Jan 2010 Rent: £4,100 PA We are advised that the annual business rates are currently: £800

Location
The salon is situated on a main road within a mixed residential & commercial area with large volumes of passing traffic.

There is excellent free of charge car parking all around the salon and in a large supermarket car park opposite.

Nearby towns include Dudley, Stourbridge and West Bromwich.

Expansion potential
There is excellent scope to increase turnover and profits by: 1. Opening longer hours including Sundays. 2. A new owner could full time and save on staff wages 3. Apart from tanning, the business could operate a nail bar for which there is space and demand. 4. The business could advertise and have its own website.

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