Reputable Tanning & Beauty Salon in Essex

Upminster, Essex
REF: S08089

Asking Price:
£79,000
Annual Turnover:
£77,500
Annual Net Profit:
£30,000
REF: S08089
Photo of Reputable Tanning & Beauty Salon in Essex
Photo of Reputable Tanning & Beauty Salon in Essex
Photo of Reputable Tanning & Beauty Salon in Essex
Photo of Reputable Tanning & Beauty Salon in Essex

Overview

Tenure:
Leasehold
Established:
2014
  • Excellent Reputation
  • Friendly & Professional Team
  • Equipment Included
  • Spacious Premises

The business for sale is a family-owned tanning and beauty salon, which is located in an affluent town in Essex. Established in 2014, this long-running business has grown steadily since its creation and has gained an excellent reputation and a loyal customer base in the local community. The fully air-conditioned premises boast state-of-the-art tanning beds and a full stock of lotions and skincare. The friendly, professional team prioritise offering a wide range of beauty treatments at incredibly low prices, including Shellac and Vinylux nails, semi-permanent lashes, and waxing and tanning services.

The spacious and well-equipped property has a fantastic location with no local competition, high passing footfall, and nearby parking. This excellent spot should ensure the new owner has plenty of trade. The business has a successful website, a Twitter account with almost 1000 followers, and a Facebook page with over 500 followers and several 5-star reviews. This is a testament to the company’s established online presence and brilliant customer service. The company also has a customer database of over 5,000 registered clients, which will transfer over with the business.

There is huge potential for growth with this business, as there is a massive opportunity to host events and provide loyalty discounts and memberships. This should help the business to attract further trade. Renting out the first floor of the premises could also be a great option. This fantastic business would be the perfect opportunity for an operator within the beauty sector, who is looking to expand.

The tanning salon has a fantastic location in the affluent town of Upminster, surrounded by major retail and catering brands. The spacious and well-equipped premises also have nearby car parking, good transport links, and a high rate of passing footfall. Currently, the upstairs of the property is used as storage, but the new owner could choose to turn this into a rental opportunity.

All equipment, fixtures, and fittings will transfer over with the business sale, including 2 MegaSun 68 auto power lay downs, a MegaSun 3000 stand up, and a Sportarredo high pressure stand up. The first 3 beds were purchased in 2013 and are fully maintained and serviced, worth an estimated £26,000, whilst the Sportarredo was purchased in 2020 for £12,000. The salon also has 2 fully equipped beauty rooms and 2 fully equipped nail stations. The salon has stock worth around £3000, including nail polishes, pedicure and manicure products, lashes, facial lotions, and suntan creams.

This would be the ideal opportunity for an operator in the beauty sector, who is looking to expand.

There is huge potential for growth with this business, as there is the opportunity to host events and provide loyalty discounts and memberships. This should help the business to attract further trade.

Features

Online Presence

Website: www.thetanninglodge.com/

Location

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  • Nearby Car Parking
  • Good Transport Links
  • High Footfall
  • Limited Competition
  • Office Based
  • High Street Location

Property

Annual Rent
£17,500
Annual Rates
£2,480
Lease Term (Years)
5
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
D 76-100

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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