Tanning Salon in South London
Advert ref: 5616DC
This is a fabulous opportunity to buy a well-regarded tanning salon featuring state-of the-art equipment, a strong loyal client base and an experienced team of staff that could allow an owner-manager to run this business with little daily input, if desired.
The salon has enjoyed strong turnover and profits over the years thanks to its location and reputation and is only reluctantly being sold due to my client’s desire to relocate to another part of the country.
Early enquiries are recommended...
- Well-established business
- Large, loyal client base
- Strong historic turnover and >85% GP
- State-of-the-art tanning equipment
- Experienced team of staff
- Currently run without owner's day to day input
- Fully alarmed, with CCTV and electric shutters
- Long lease
Property Details: Leasehold
Asking Price: £115,000 + SAV (Leasehold)
Turnover: £181,000 Annual
Size in Sq Ft: 700
10 year term FRI Lease from June 2019
Rent £14,000+VAT, payable quarterly
Rent Review in 2024
Reason For Selling:
The vendor is relocating to another part of the country