Buy a business

Competitively Priced to Sell Fabulous Tanning & Beauty Salon

UK

Advert ref: 1721TRB

The Business Partnership are pleased to be offering for sale this competitively priced tanning and beauty salon in Solihull district.

This immaculate and well known Tanning and Beauty salon has been established for many years now and boasts an excellent reputation for high quality service and a broad range of treatment options.

For the sake of clarity, please note the asking price is £19,995 plus stock at value. The stock is just the re-sale items in the shop, not the assets. The asset (approx val £24k) are included in the asking price at only £19,500!!

The business has established an excellent reputation in the region for high quality, professional service, leading to an impressive and loyal customer database. 

Treatments, other than tanning beds, provided include; Spray Tanning, Gel Nails, Manicure/Pedicure, Eyelash Extensions, Massage, Facials, Skin Treatments, Waxing, Tinting, etc.

A delightfully presented, bright, modern and spacious salon located in a prominent position of this affluent South East suburb of Birmingham. 

The unit has excellent customer parking facilities to the front and in the vicinity of the salon. It comprises of a tanning area (3 vertical sun beds), 2 nail stations and two treatment rooms. The unit is not fully utilised, giving potential for expansion into other treatments. 

There is 2 hour free parking outside the salon on the slip road.  The small parade of 10 shops including One Stop shop has good footfall being on the corner of main Stratford Road opposite a large Sainsburys store.  

The business is highly profitable with details available to serious purchasers after viewing. Turn-over has grown year on year for the last 4 years and the owner maintains good records to show interested parties at the appropriate time. 

If this Salon is of interest to you, please follow the link below "Click for Further Information" and complete the non-disclosure agreement. We will then contact you to arrange a viewing. Alternatively, please contact The Business Partnership, Central Birmingham office.

Key features:

  • Immaculately Presented Salon
  • High Quality Equipment, Fixtures & Fittings (Approx Value £24k)
  • Excellent Customer Base (15,000 on system, 5,700 active)
  • Professional Well Trained Staff
  • Profitable and Easily Managed Business
  • Good Parking Facilities
  • Genuine Reason for Sale

Property Details: Leasehold
Asking Price: £19,995 + SAV (Leasehold)

Premises Details:

Mid terrace retail unit of approximately 64m2 (688sf).

Lease Terms:
There is a 10 year lease in place from June 2019 and current annual rent payable is £18,000, with a staged increase to £21,000 in year 5. The landlord is likely to request a 3 month rent bond on assignment of the lease.

Reason For Selling:
Other business interests.

Financial Details:
Financial details will be disclosed once NDA completed.

Expansion potential:
There is potential to expand the business through:-

1. Employ another beauty therapist and/or nails technician.

2. Rent the treatment rooms out 

3. Add in Chiropody - there is an ideal area ear-marked for this.

4. Increase the treatments offered - there's demand in the area for semi-permanent make up, micro-brading, non surgical enhancements, botox, fillers etc.

5. Also opening earlier from 9am and/or on Sundays would provide a lift in revenue.  

Employees: 2 x part time female trained employees both 21 years old. 34 hours and 17 hours per week
Trading hours:
Monday to Thursday  10 - 7

Friday & Saturday      10 - 6

Sunday closed

Support & training:
A full hand over period is negotiable

Rates:
We are advised that rates payable are currently £0 through SBRR

Costs:
A buyer will be responsible for the landlord's reasonable costs associated with assignment of the lease.

Fixtures and fittings:
The asset value is circa £24,000 and comprises:  
·         3 Top Brand Vertical Sunbeds
·         Spray Tan Machine
·         Waxing Machine
·         2 Nail Bars
·         Professional Web Site
·         Large Customer Database (more than 5,000)
·         High Quality Fixtures & Fittings  

Competitively Priced to Sell Fabulous Tanning & Beauty Salon UK

Financial Details

  • Leasehold: £19,995 + SAV
  • Turnover: undisclosed
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed
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