This is a superb opportunity to purchase a well-established Tanning & Nail salon in Gateshead, Tyne and Wear

  • £85,000
Tyne and Wear, England
This is a superb opportunity to purchase a well-established Tanning & Nail salon in Gateshead, Tyne and Wear
Tyne and Wear, England
  • £85,000

Overview

  • Business, Service Businesses, Tanning Salons,Beauty Salons, Nail Bars and Nail Salons, Tanning Salons
  • Property Type

Description

This is a superb opportunity to purchase a well-established Tanning & Nail salon in Gateshead, Tyne and Wear. The business is available on a leasehold basis.
This is a modern and relaxed tanning and beauty salon that covers approximately 900 square feet. They have both lie down and standing sunbeds that have been bought by the vender and are not leased. They also offer spray tanning and nail treatments. They are proud to say that they were awarded Northeast finalists for ‘Tanning salon of the year 2023’ and “Highly Commended” in 2024 from the English Beauty Industry awards as they have worked hard to achieve this for their thriving salon.
The business is available on a leasehold basis and has been renovated to an exceptionally high standard throughout as the vendor has skilfully combined the character features of the property with modern fixtures and fittings. The bright, spacious salon boasts a welcoming reception and waiting area, kitchen, toilet facilities, four sunbeds, treatment rooms, and one nail station. There are also another two rooms available which can be rented out to self-employed technicians which should achieve approximately £400-£500 per month.
The salon has been established since 2014 and has experienced steady growth on an annual basis since then. They have an excellent reputation and are widely considered a household name in the local community. This reputation has resulted in a loyal customer base and a vast amount of repeat and recommended custom.
• Excellent reputation
• Loyal customer base
• High customer retention
• High quality premises
• All fixtures and fittings included
• High footfall location
• Minimal competition
• Excellent transport links
• Free parking nearby
• High turnover – £78,425
• 2 Spare rooms available to rent

It is with a heavy heart that the current vendor is selling the business due to personal commitments. This represents an excellent opportunity for an individual in the beauty sector who is looking for an established business or an existing salon who is looking for a lucrative acquisition.
This business has experienced a high number of enquires at an initial stage, so to avoid disappointment, please contact us for further information.

Details

Updated on January 8, 2025 at 2:21 am
  • Price:

    £85,000

  • Property Type:

    Business, Service Businesses, Tanning Salons,Beauty Salons, Nail Bars and Nail Salons, Tanning Salons

  • Tagline:

    Beauty Salons, Nail Bars and Nail Salons, Tanning Salons

  • Annual Net Profit :

    £50,510

  • Annual Turnover:

    £78,425

Find out more about this business opportunity:

Hasnain
  • Hasnain

Enquire About This Property

Similar Listings

Compare listings

Compare
Hasnain
  • Hasnain