Spacious Beauty Salon Edinburgh City Centre For Sale

Business description

Essential Therapy is a 15 year established beauty salon with 4 treatment rooms in a prime location for passing trade, office workers and residents in Edinburghs'New Town.
It has been built up from scratch by the current owner who has 33 years of experience as a beauty therapist and college lecturer in beauty therapy.
The salon operates a fully intergrated, computerised management system (Salon Active)and has a large, untapped data base of over 7000 clients.
There is a relaxed, soothing atmosphere produced by the neutral colour decor and soft piped music throughout.
The salon has a consistantly high volume of retail sales in Dermalogica products and has achieved their Platinum Salon and Most Valued Customer awards every year for the last 5 years.
In September 2007 the owner was a guest of Dermalogica at their Los Angeles complex and flagship salon during an all expenses paid trip which included 2 days in Las Vegas.
Over the last 2 years the computer system has shown that there is an average of 15 new clients per week. Therefore there is vast potential for developing the business.

Property information

Property:

Leasehold

Lease terms:

10 year lease taken out in July 2000.
Rent revue every 5 years.
Current Rent £16500.

Living accommodation:

Reception/Retail area. 4 treatment rooms (3 with natural light). Stockroom. Staffroom. Laundry with Industrial Washing Machine(with 3years prepaid full warranty remaining) and Tumble Dryer. Toilet with wash basin. Shower room with toilet and wash basin.

Location:

Main thoroughfare, 2 minutes walk from St James Centre/Princes Street.

Other information

Expansion potential:

The volume of new clients each week could be used to introduce new treatments and expand into new areas or product lines.

Competition / Market:

One other beauty salon at end of same street but further away from the city centre

Support & training:

The current owner is willing to do whatever she can to ease the changeover. Terms of which to be agreed.

Reasons for selling:

The owner lives over 55 miles away and finds the commute exhausting.She has recently remarried and so priorities lie more with home life which means that the business is not being managed as effectively as it should and could be far more profitable in the right hands.An early entry date would be preffered.

Trading hours:

Tuesday, Wednesday, Thursday 9.00 - 8.00.Monday& Friday 9.00 - 6.00. Saturday 9.00 - 5.30

Furniture / Fixtures value:

£10,000

Website:

www.essentialtherapy.uk.com

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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