One of the longest established tanning salons in London for sale.
Good turnover and good profit margins. Currently run under management with 1 full time manager and 2 part timers - Confidential Sale - Staff Unaware.
Comprises of 3 Alisun Vertical Sunbeds, 3 x Laydown Sunbeds, 1 x 40minute High Pressure Sunbed and 1 x Mystic Spray Tan booth.
Years established: 20
Employees: 4
Trading hours: Mon-Fri 9am -9pm, Sat 9am-8pm and Sun 10am-6pm
PropertyLeasehold
Lease termsLeasehold till March 2010 with automatic right to renew - lease comprises of 2 shops (37k pa). Basement area is currently let to Beauty business (12k per annum) and the shop next door is sublet for 17.5k per annum which leaves only 7.5k rent per annum for tanning business!
LocationPrime location near to exit of Clapham Junction station.
Expansion potentialHuge potential with addition of new sunbeds, marketing of the extensive database and new image.
Competition / MarketNearby competitors but business has a very well established client base of some 20,000 clients.
Support & training2 week handover period available.
Reasons for sellingShop is part of a chain and has become too far away to easily manage.