£0 £1000000
£0 £1000000

Archived

Reputable Tanning & Beauty Studio For Sale

London, City of London

  • Asking Price: £49,995 +SAV
  • Turnover: Financial information is available upon further request.

    Please quote reference B06922

  • Tenure: Leasehold

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Please quote reference B06922

Hilton Smythe is delighted to present to the market Tannalicious, a recently refurbished and fully equipped tanning salon which first opened its doors in 2020.

The exceptionally presented business is now being offered for sale to allow our clients to concentrate on their other business interests not in this sector however their attention to detail and high service standards will easily allow any new owner the ability to walk straight in and continue trading.

The ‘turn-key’ opportunity offers clients the choice of luxury tanning as well as a range of services, from their beauticians which includes Botox, dermaplaning, threading, teeth whitening, tanning shots, energy shots and lip filling treatments.

Tannalicious are stockists for Herbalife which provides an additional income stream.

As you can see from the business photographs attached, the unit has been decorated to a very high standard and includes a very good sized client waiting area.

There is a large enclosed yard to the rear of the property which has previously been rented to a local scaffolding company at £400 per month however we are advised a number of tattooists have asked to put a secure container in the space which we feel would be a great complimentary service for the existing business.

Key selling points -

  • Excellent location with parking
  • Recently undergone a £15,000 complete refit
  • High performance beds
  • Fully regulated (adhere to the Sunbed Association)
  • Beauty room rental/Herbalife of £900 per month
  • Business website included
  • Excellent customer reviews
  • Facebook page - 634 followers
  • Instagram - 2,624 followers
  • New 10 or 15 year lease to be offered
  • Rear yard in demand (potential for a further £400 rental income per month)
  • Achieving very good profit levels
  • Low running costs
  • Nil business rates
The following is included in the sale:

  • Ring doorbell equipment
  • Wi-Fi CCTV
  • 50 inch flatscreen TV
  • Drinks fridge
  • Air Conditioning unit
  • Display cabinets X2, shelving in all rooms
  • Luxura stand-up Bluetooth bed X2 (Installed March 2022)
  • Luxura Laydown Bluetooth bed X1 (Installed March 2022)
  • (All 3 beds are rented. Costs about £690 a month for all 3)
  • Cash till, PDQ Machine, Cordless telephone
  • Numerous LED Strip lighting, decorative plants
  • Pink sofa
Very rarely do profitable tanning businesses located within this thriving area ever come on to the open market where the annual rent is fully covered by the internal rental income! The business has been priced to achieve a quick sale and we therefore strongly advise any serious buyer to make early enquiries to avoid any disappointment.  

The business is run and managed by 2 part time staff members.

The business trading hours are:

Monday to Friday - 10:00am - 21:00pm

Saturday - 10:00am - 18:00pm

Sunday - 10:00am - 16:00pm

Tannalicious occupies a much sought after trading position on Newmarket Green in south east London.

The business sits centrally to a busy parade of community shops/businesses which include several food takeaways, TESCO Express, Pharmacy, Preschool & Physiotherapists.

Newmarket Green sits centrally in Middle Park which is a very desirable residential area on the outskirts of Eltham.

Eltham is a district of southeast London located within the Royal Borough of Greenwich and just under 9 miles east-southeast of Charing Cross.

Newmarket Green is accessed just off the A20 which acts as the main link road from Kent into central London.

The business benefits from free customer parking directly outside.

Nearest mainline station is Eltham.

Ground floor -

  • Reception area/ retail display shelving
  • Client waiting space
  • 3 x sunbed rooms
  • Staff/customer toilet
  • 2 x beauty rooms
  • Staff kitchen
External -

  • Large secure space (available for further rental income)

Tenure
We are advised the business is being sold on a Leasehold basis with a new Lease to be granted to a new buyer, rent is £1,000 per month.

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