For Sale
Well Established Beauty & Tanning Salon For Sale
March, Cambridgeshire
- Asking Price: £35,000 +SAV
-
Turnover:
Please quote reference B06353
- Tenure: Leasehold
Please quote reference B06353
Hilton Smythe are pleased to have been given the opportunity to manage the sale of Tan & Glam which is a well-established Beauty treatment and tanning business with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular local business in an area teeming with customers which still offers further potential.
There has been a tanning / beauty business at these premises for some years. The current owner has run it as Tan & Glam since 2020 during which time it has accrued an impressive number of regular customers and a burgeoning reputation. This great little business is now being sold, albeit reluctantly and with a heavy heart only due to a need to concentrate on other business interests. The vendor is keen to see her beloved beauty salon pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.
Tan & Glam offers a wide range of beauty treatments and services in a relaxed and friendly environment. The business prides itself on its range of services and treatments in a relaxing atmosphere and provides friendly advice on everything required to keep their customers young, beautiful and in top condition. Services include:
- Ladies haircuts and styling
- Cut and blow dry
- Lashes
- Nails
- Brows
- Tanning
- Spray tanning
- Aesthetics
- Reflexology
- Laser Lipo Fat Dissolving
- Facials
- Derma plane
- Micro needling
- UV light teeth whitening
Tan & Glam is run using self-employed staff. The nail bar is rented for £210 per week, there are three hairdressing chairs at £210 per week for each chair and there is a beauty treatment room that is rented for £210 a week. Additionally, there is a spray tan room along with 4 other sunbed rooms.
Scope To Improve
- Advertising and marketing campaign
- Website, ideally with an online booking facility
- Maximise the use of social media particularly Twitter and Instagram
- Extend the opening hours.
- A well-established business with an enviable reputation and many existing customers
- Low running costs with inexpensive rent and no business rates
- All fixtures and fittings included making this a real Turnkey business opportunity
- Ideal owner managed or partnership business
- Current owner happy to offer a handover to ensure the continued success
The business is owner managed and run with the help of 6 self employed staff members.
The business trading hours are as followed:
Monday to Friday - 10:00am - 18:00pm
Saturday - 10:00am - 16:00pm
Sunday - Closed
Tan & Glam is located in March. March is a fenland market town and civil parish in Cambridgeshire. In the town centre there are independent shops and retailers such as W H Smith, Boyes, Boots, Sainsbury’s, M&Co and Superdrug. In 2008 Meadowland retail park opened with a number of prominent High Street names. The town centre has several bars and restaurants.
The town is close to the A41 main road and the B1099 and B1101 pass through the town.
Tan & Glam occupies a prominent main road position and thus benefits from high levels of footfall and passing trade. The business is beautifully presented and maintained with clear visible signage and distinctive livery.
Tan & Glam occupies an inner terrace retail unit which is deceptively spacious. The business is beautifully presented and maintained with and briefly comprises of:
Salon
Windows and glazed door to front creating a light, airy and inviting interior, suspended ceiling with feature chandeliers, expensive looking, wood effect flooring, bespoke reception desk with computer and booking system, music amp and speakers fitted throughout, nail bar with two upholstered chairs, customer waiting area with two sofas, freestanding glass display cabinet, coffee table, water dispenser.
Hair Salon
Expensive looking wood flooring, 3 hair stations each with chair mirror shelf etc, brand new back wash, hood dryers, 2 x waiting chairs
Stockroom
With perimeter shelving and floor storage space
Kitchen
With stainless steel sink and drainer, worktop, kettle microwave, vacuum cleaner and cleaning materials.
Beauty Room
2 massage beds, tooth whitening machine, Laser Lipo machine, Power Plate, trolley, chairs, two glass display cabinets.
WC
With close coupled toilet and hand wash basin, mirror and bin
Tanning Room 1
With spray tanning machine and tent, all hats, feet protectors, underwear etc
Tanning Room 2
With rented sun bed, bin etc
Tanning Room 3
Stand up sun bed (owned outright), mirror, bin
Tanning Room 4
With rented stand-up sun bed, mirror bin.
Tenure
We are advised the business is being sold on a Leasehold basis with a new Lease to be agreed, the rent is £400 per month.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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