Hilton Smythe welcomes to the market The Sun Lounge. The tanning salon was established by our client in January 2014. The owner is now looking to sell the salon, due to the desire to focus on other business interests.
The business runs as a sun bed shop boasting two tanning rooms with stand-up sun beds. The salon also stock a range of branded tanning products, to compliment the services provided. Our clients also offer a generous selection of supplements and vitamins, a great plus to the business.
The salon currently generates a turnover of around £26,000 per annum. We feel that there is huge scope to further increase turnover. The purchaser could look to maximise the use of social media and offer a loyalty scheme, to encourage more repeat loyal trade. The business already has a business Facebook page, this is kept regularly updated and has over 1,000 followers. A cost-effective way to market the salon.
There is little competition in the area and the store can be easily managed by one owner. The salon would be an ideal first time purchase for an inexperienced purchaser. The current owner would be happy to offer a handover period, to allow for a smooth transaction period.
We are advised that the business currently has an enviable client base of over 1,000. Contact information and diaries will be available to the purchaser.
This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.
The Sun Lounge is located in Wall Heath, Kingswinford, within the West Midlands.
The tanning salon is situated on a retail parade on a busy main road; benefitting from daily heavy footfall and passing trade. Alongside the salon are complementary businesses such as a hair dressers, clothing store, wedding dress shop and much more. As well as commercial properties, there is also ample residential housing within the area; from which the salon derives much of its trade. There is a free public car park behind the premises.
The business is set on the A449 an arterial a-road that connects to the A491 and heads south to Worcester, were it further connects to the M5 motorway network.
Kingswinford is a great location. Dudley and Stourbridge are a short 10-minute drive away and the centre of Birmingham is also just a 40-minute drive away. This is an easy commute using the great road connections and generous public transport.
The Sun Lounge boasts a generous sized property, perfect for the trade. The entrance door is set back and there is a large window, this allows for a bright and airy interior. The exterior is well-signed, this is clearly visible to passing trade.
The salon is fully carpeted and completely newly decorated. On entry is a seating area, for awaiting customers, there is also a service counter and water dispenser. On the counter is a till, phone and stock displays.
A corridor leads through to the back of the building. Just off the corridor are two separate tanning rooms. One with a Tansun Symphony 48 tube stand up sun bed and the other with a Sunquest Aurora 44 tube sun bed.
There is a WC to the rear with wash hand basin.
We are advised the business is being sold as a Leasehold opportunity.
Original lease length: 5 years.
Remaining lease length: 3 years as of 2017.
Rent: £3,600 per annum.
A new 5 year lease will be granted.
The business opening hours: -
Monday - Friday: 10am – 8pm
Saturday: 10am – 6pm
Sunday: 12pm – 3pm
The business is run and managed by our client.
The business generates a turnover in the region of £26,000 per annum.