Doncaster Leasehold Tanning Salon
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Selling due to other business commitments.
Description ASKING PRICE: LEASEHOLD: 95,000 + SAV
Advent Business Sales are pleased to offer to the market this extremely well established tanning salon, which has established a loyal following within the last two years.
The current vendor has been in constant ownership since its inception but is now selling due to other business commitments.
To start the business, our client completely rebuilt the inside of the property to suit the needs of a tanning salon.
The ddcor and layout, as well as the equipment, is of a very high standard.
Two of the tanning rooms are equipped with 225 watt large sun beds; the other four rooms have vertical tanning equipment 240 watts.
As well as these all over tanning rooms, another room is set aside for a leg tanning machine, which was specially imported from the USA and is unique.
The tanning salon also offers nail care, which has just started. Early results indicate a good take up of this facility. Also on offer are the home 240 watt sun beds for 110 for 4 weeks and stepper exercise machines for 25 for 4 weeks. This has, so far, added approximately 6,000 in the first 4 months with many beds being hired for more than 2 months.
The salon has a register of 800 customers, which is constantly being reviewed but with 10,000 houses in the close proximity, there will always be customers.
The salon is regularly in the local paper that goes to 50,000 houses. It is also in the Thompson Local and advertised in a local Indian restaurant/takeaway menus and flyers.
TENURE: Leasehold
Original lease: 10 years
Remaining lease: 9 years
Review every: 3 years
Rent: 600 per calendar month
We are advised that the annual business rates are currently: 800
Click Here To Contact Seller
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