Prime Tanning Salon and Nail Bar for Sale in South Lanarkshire with High Growth Potential
Stonehouse, South Lanarkshire
- Status
FOR SALE
- Advert ID
629793
- Asking Price: £170,000
- Turnover: £85,000 (£1,635 per week)
- Profit: £70,000 (83% Profit margin)
Key Features
- Accounts Available
- Established Business
- Offers Invited
- Prime Location
Business Details
Tanning salon Nail bar
This well-established tanning salon, located in the heart of Stonehouse, South Lanarkshire, is now available for sale. The business, which I have owned for three years, boasts no direct competition in the area, offering a prime opportunity for growth. Included in the sale is the ownership of the building, which houses state-of-the-art equipment, such as three lay-down tanning beds and two stand-up units, all of which can be operated from the main desk computer.
The salon also features additional revenue streams with two rooms rented out: one for a nail bar and the other for a massage room. A beautifully designed chill-out zone, complete with a fully functional kitchen and bathroom, provides a relaxing atmosphere for customers. The booths use stylish, electronically operated blinds instead of traditional doors, enhancing the modern aesthetic. Notably, all beds and stands are less than two years old and of high quality. Additionally, all stock is included in the sale price.
The business has demonstrated an increase in turnover over the years, with the current annual turnover standing at £85,000 and a profit margin of £70,000. Accounts are available for potential buyers' review. The asking price is £170,000, and offers are invited. Located at a strategic town center location adjacent to multiple retailers and close to local amenities, this business has fantastic potential for alternative uses, presenting a unique opportunity.
The operation currently employs two people, although only one is needed to manage daily activities efficiently. Training opportunities will be provided to new owners to ensure a smooth transition. The sale is due to retirement, and with the business being fully fitted and having a strong online presence, prospective buyers can easily take over and continue its success. The business benefits from its attractive, central position in an affluent village and includes a car park, enhancing its appeal to customers.
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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.
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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.
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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.
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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.
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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.
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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.'.
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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.
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