Asking price: £25,000

Sales revenue: £70,000

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
The owner vendor is offering the opportunity to purchase this well-established and reputable business. Its reputation has been built up due to the high standard of service offered and mainly by word of mouth.
The salon offers a comprehensive selection of therapies and treatments with brands such as Jessica, Creative and St. Tropez.
The premises are located in a prominent building in a busy high street. The salon itself is composed of a large open plan area with three nail stations, waiting area and reception. Off this area there are two beauty rooms, one sunbed room, staff area and W.C. There is also a basement area, which is predominantly used for storage. In the main building but external to the salon area there is a separate room, which houses the washing machine and tumble dryer.

Years established: 2001

Employees: The business is run by the owner vendor and staffed by two full time beauticians and one part time nail technician. A receptionist also supports the therapist on four out of five days.

Trading hours: Tues 9-5; Weds & Fri 10-6; Thurs 10-8; Sat 9-3. There is scope for additional opening hours on Mondays and Sundays.

Relocatable: This business can be relocated.

Property: Leasehold

Lease terms
This is a private tenancy agreement. The current rental is £9,000p.a. exclusive of rates. Business rates with small business relief equates to £1,122 p.a. The premises are for the sole use as a beauty business.

Location
The business boasts a prominent high street location with a high volume of visitors all year round. There is ample parking not only in the high street but also in the surrounding car parks.

Expansion potential
The current turnover is approx. £70K with a cost of sales of £6.5K. There is definite potential for expansion and the current owner vendor will be happy to share development plans with the buyer.

Competition / Market
In recent times competition has been set up but due to the strong established reputation and service this business offers the competition has shut down very shortly after opening. This business is uniquely positioned in the area and the only beauty salon in the high street and the town. It offers a traditional relaxing environment with modern contemporary fittings, which has set itself apart from other businesses offering similar services. The client base is local however clients from outside the area / county are also attracted.

Support & training
The owner vendor is available for full business familiarisation and for continuity of business.

Reasons for selling
The sale is purely due to home relocation outside of the county.