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Sundayz Tanning Salon in Tipton West Midlands Up for Sale - Known for Excellent Reputation

Tipton, West Midlands
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Well established tanning salon for sale Photo 1
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Well established tanning salon for sale Photo 3
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Well established tanning salon for saleWell established tanning salon for saleWell established tanning salon for saleWell established tanning salon for saleWell established tanning salon for saleWell established tanning salon for saleWell established tanning salon for saleWell established tanning salon for sale
  • Status

    FOR SALE

  • Date Submitted:

    16/08/23

  • Advert ID

    518228

  • Reference

    B07472 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £34,995
  • Turnover: £42,128 (£810 Per week)
  • Net Profit: Not Applicable

Business Details

Well established tanning salon for sale

Business
Please quote reference B07472

CoGoGo are delighted to welcome to the market Sundayz, a highly rated business opportunity in Tipton, West Midlands. 

Sundayz was originally established back in 2005, with our client taking over ownership in 2009. During those many years of trading, the business built up an excellent reputation with the area, with many regular and returning customers. 

This tanning shop has now come to the open market due to our clients family commitments. 

Sundayz is a tanning salon that also offers beauty and nail treatments. The business prides itself on offering the best prices around, which is all delivered by a friendly team of experienced staff. 

Models of the sunbeds:

  • Megasun 2000
  • Megasun 3000
  • Ergoline lie down
  • Megasun 4500
  • Opal fitness 
Key selling points -

  • Excellent location
  • Outstanding reviews
  • Well established
  • Fully staffed
  • Fully Air Conditioned
Scope for further growth -

  • Create a dedicated business website
  • Push advertising/marketing


Location
Sundayz is located on High Street in Tipton, West Midlands. 

The business has eye catching signage and receives good levels of passing trade and footfall.



Premises
Ground floor -

  • Upon entrance is the service area.
  • 5 tanning rooms
  • 1 beauty room
  • 1 nail desk
  • Waiting area
  • To the rear of the premises is the kitchen and storage area with WC


Tenure
We are advised that the business is being sold on a Leasehold basis. A new lease of 3 years would be offered to a buyer with the rent of £1000 PCM



Hours
The current trading hours are -

Monday to Friday - 10:00 - 20:30

Saturday - 10:00 - 17:00

Sunday - Closed



Staff
We are advised that the business has 5 members of staff, who run and manage the busines on our clients behalf (Our client has no involvement).



Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £45,000. Further financials can be made available upon request. 



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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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