Asking price: £38,000

Sales revenue: £40,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Located in affluent town centre offering extensive range of beauty treatments and tanning. Well equipped and maintained. Turnover approximately £35-40,000 with 74% GP. New 5 yr lease. Rent 3,288 pa, low rates. Great opportunity.

Property: Leasehold

Location
LOCATION
Situated on a busy high street in the affluent town of Rutland, the salon benefits from many quality businesses close by.

BUSINESS PREMISES
The premises are well maintained and decorated throughout and are equipped to a high standard. The reception area is relaxing and provides clients with a comfortable area to sit when waiting for treatments or indeed prior to their departure. It is equipped with a range of display cabinets and shelving, housing the beauty products on offer for sale.
There are 4 individual treatment rooms, 1 of which currently houses a tanning machine.

There is a small kitchen, fitted with the usual appliances and toilets for the use of staff and customers.
Note: Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.

BUSINESS
The salon offers an extensive range of beauty treatments to both male and female clients, including facials, massage, waxing, nail treatments and tanning.
The latest specialities include teeth whitening and anti-aging treatments.
In addition to the offer of treatments there are additional sale from beauty and health products. The salon has a high level of repeat customers but also enjoys a certain amount of passing trade due to its location. The current owner believes there is scope to increase turnover by offering presentations and demonstrations, and also by increasing the range of treatments on offer should the new owners wish to do so. The current owner rents out rooms with an income of £120 per week. We are advised that the turnover is approximately £35-40,000 and GP is in the region of 74%.

STAFF
The Vendor currently operates the business with the assistance of self-employed staff.

HOURS
Monday 10.00 - 17.00
Tuesday 10.00 - 19.00
Wednesday 10.00 - 17.00
Thursday 10.00 - 19.00
Friday 10.00 - 17.00
Saturday 10.00 - 15.00
Sunday Closed

LEASE
A new lease has recently been granted and runs for 5 years. The Vendor advises us that the rentpayable is £3,288 per year.

RATES
We are advised that the rates are approximately £920 per year.