Asking price: £145,000

Sales revenue: £253,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This is a very well managed health and beauty clinic specialising in cutting edge treatments that is owner operated and has been in operation for over three years. The owner has a commitment to improving the standards of treatments and services provided within the health and beauty retail sector. Firmly positioned in the mid to upper end of the market, this business has established itself since inception as a firm favourite amongst the affluent professionals and high net worth individuals that are abundant in and around the salon location, which is perfectly situated and has high levels of passing trade.

The business offers up to date, effective and relaxing treatments tailored to the individual needs of women and men. This wide variety of popular standard beauty treatments includes eyelash tinting, massages, manicures and pedicures plus spray tanning which run alongside the more technological and fashionable beauty therapies on offer.

The wide range of hi-tech, cutting edge treatments includes colonic hydrotherapy, plus it also offers non surgical anti wrinkle facial treatments and procedures. Products used within the salon have been carefully chosen to match the top quality treatments on offer. Where this business really stands out however is in relation to its commitment to total client care – clients receive the very best advice on the treatment options and results achievable and the business is renowned for its before and after care advice suggesting preparation treatments to optimise results and how to maintain the benefits post treatment.

This business operates from very well suited premises decorated to a very high standard, promoting a very inviting, relaxing and tranquil atmosphere. Warm, relaxing and inviting treatment rooms are all professionally fitted with the finest equipment. The staff are equally impressive, with the therapists, very well trained and highly qualified to deliver the treatments on offer leaving clients safe in the knowledge they are in expert hands and experiencing the ultimate in health and beauty treatments.

With turnover for the financial year ending November 2008 of £253,000 – generating gross margins of approximately 65%, this represents an excellent opportunity to acquire a quality health and beauty treatment clinic operating at the cutting edge of health and beauty treatments with a growing affluent, repeat Client base and significant potential for future growth and expansion.

Administration:

All administrative procedures are computerised and a wealth of management information is available and maintained via a salon based appointments system. .

Equipment:

The salon has all of the equipment normally associated with a business of this scope and size. A full schedule of equipment is available to serious interested parties

Financial Information:

The business is offered for sale as a going concern. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover for the financial year ending November 2008 was approximately £253,000 generating gross margins of approximately 66%.

The Asking Price of £145,000 is for a sale of the shares in the business.

Employees: The owners jointly manage the day-to-day running of the business and employ two part-time receptionists. Other treatments are administered by very well trained and highly skilled self employed therapists operating on a shared income basis.

Property: Leasehold

Lease terms
The premises are leased with seven years remaining. Rent is £12,000 per annum. Rates are approximately £4,000 per annum.

Location
The business operates from very well appointed ground and first floor premises in a prominent location that are well appointed and furbished to a very high standard.

The premises are leased with seven years remaining. Rent is £12,000 per annum. Rates are approximately £4,000 per annum.

Competition / Market
In a prominent secondary retail position, benefiting from high volumes of passing traffic, which generates good levels of awareness this business has resisted the temptation to invest heavily in marketing and advertising. The business has a very well designed, informative and easy to navigate web-site that performs very well in all major search engines for all appropriate search topics supported by the use of search engine optimisation techniques and sponsored ad words. The website also includes an online appointment booking system. Most new business however is generated from Client referrals and word of mouth recommendations, bearing strong testimony to the business’s excellent reputation.

Support & training
The current owners will provide full training and ongoing support, as required, on all aspects of the business to ensure a smooth transition of ownership and would consider staying with the business on an on-going basis, subject to negotiation.

Reasons for selling
Having established the business in the local marketplace, the current owners feel the time is right to pass it on to new owners to build on the excellent foundations already laid.