Asking price: £55,000

Sales revenue: £40,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales is pleased to offer to the market, this established hair & beauty salon which as been trading successfully for the past 6 years.

The current vendor has been in constant ownership since its inception. It is now being offered for sale due to family commitments.

The salon has a good steady customer base both local and from a 6 mile radius. It is showing increase in turnover year upon year.

Most of the customers come from recommendation, although they also do a local leaflet drop with discounts.

The salon is decorated to a good standard and is fully equipped.

It offers a range of treatments, including:
• Cut & style
• Shampoo and blow dry
• Dyeing & streaking
• Extensions
Beauty treatments include:
• Waxing
• Facials
• Spray & vertical tanning
• Nail bar
Botox is provided by a private practioner who comes into the salon as required.

We are advised that stocks at cost are approximately £4,000

Employees: The business is run by 3 full timers including the owner and 1 part timer

Trading hours: Mon-Sun Closed Tues: 9.30am – 5.00pm Wed: 11.00am – 7.00pm Thur & Fri: 9.00am – 6.00pm Sat: 9.00am – 3.30pm

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 6 years Remaining lease: 6 years Review every: 3 years Rent: £380 per month We are advised that the annual business rates are currently: £1,160

Location
Our clients business is conveniently located in a large detached property, in a highly residential mixed stock area on a main road in South East Derbyshire.

It is the only salon in the area and is close to a new estate of 300 homes, which is now in the process of built.

Car parking in the area is ample and the salon itself has front parking space for 6 cars.

Expansion potential
With the new 300 homes being built, the business will create further revenue. Expansion of beauty treatments to include massages would again increase customer base and turnover. Another area to look into would be teeth whitening as there is a local demand for this.

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