Asking price: £30,000

Sales revenue: £42,000

Net profit: £24,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales are pleased to offer to the market this very popular and profitable tanning salon with excellent future potential.

Founded by the vendor almost 3 years ago the salon is only now being reluctantly offered for sale to enable her to pursue an alternative unrelated business venture.

The salon has an excellent local reputation with many customers returning on a regular basis throughout the year.

The salon has 2 ultra sun vertical tanning booths, which both have 225 watt tubes. The booths are on a lease at a cost of £600 per month, which is inclusive of any replacement tubes that may be required. It is expected that a new buyer would take over the payments with the business.

The salon also offers botox, teeth whitening and semi permanent make up as beauty treatments and soft drinks and smoothies to both clients and passing customers.

New business is generated from the highly visible location and by personal recommendation and word of mouth as
advertising is limited to local newspapers and door to door flyers.

The salon is run by the vendor full time with occasional part time help as and when required.

We are advised that stock at cost is approximately £200.
REF:9306LU

Years established: 3

Trading hours: Mon-Fri: 11.00am – 6.00pm Sat: 10.00am – 5.00pm

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 3 years Remaining lease: 1.5 years Review every: 3 years Rent: £6,000 P.A. We are advised that the annual business rates are currently: £890

Location
The salon has an excellent high visibility location on a mixed residential / commercial area of an affluent market town in Bedfordshire.

The area has high volumes of passing traffic and footfall going to the nearby railway station and schools. Parking is free of charge on street all around the salon.

Nearby towns include Milton Keynes, Dunstable, Aylesbury and Leighton Buzzard.

Expansion potential
Our client clearly already has a very successful business, it does however, still offer excellent scope to increase both sales and profits by: 1. Converting the cellar to take spray tanning, a nail bar or as beauty rooms 2. Staying open later in the evenings and opening on a Sunday 3. Renting the cellar out on its own 4. The salon could have its own website

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