Business for sale

Business description

Advent Business Sales are delighted to offer
to the open market this busy and popular
beauty salon in the heart of a very affluent
town with excellent further growth
potential.
Established in 1996, the current vendor has
owned the business since 2004 and has now
decided to sell, partly due to retirement and
also wanting to spend more
leisuire time with her immediate family
Since acquiring the premises, our client has
spent a considerable amount of effort and
money in renovating and decorating.
Subsequently, the salon has benefited from a
premium style make over.
The premise itself is a listed 16th Century
thatched building, which stands
magnificently in with the keeping of the
origination of the town.
Our client provides an extensive array of
beauty therapy services, which include:
• Full body massage
• Waxing
• Facials
• Make up
• Manicures and pedicures
• Back scratchers nails
• Bio Sculpture Gel nail
• Spray Tanning
• Electrolysis
• Crystal Clear microderm abrasion
• Eye treatments
• Eyelash perming
• Holistic treatments
In addition, there are several bespoke
packages on offer. The salon is Decleor
accredited and is the largest in the
Northamptonshire area.
It also uses a host of major products such as:
• Decleor
• Pevonia
• Crystal Clear
• OPI
The customer base has gradually been built
up and clients have responded favourable
towards all services on offer.
Advertising is done with the Yellow Pages
as well as radio promotions. A fully
operational web site further compliments the
business.
The vendor together with 1 full time and 5
part time therapist staffs the business. In
addition there are 2 part time receptionists.
It is worth noting that the staff has shown
loyalty to the vendor and the business and
their length of service reflects their
commitment.
There is a sister salon approximately 8 miles
away which offers most of the services but
on a smaller scale.
The vendor would consider selling the
business as one going concern or two
separate salons. The accounts for the
businesses are formulated independently in
retrospect to the above.
Details of the other business are available
separately. If you would like further
information, please contact one of the sales
team who will be happy to answer any
queries.
REF: 8967NN
TRADING HOURS
Mon: closed
Tues& Thurs 9am – 8pm
Wed & Fri 9am –5pm
Sat: 9am – 3pm
EXPAEXPANSION POTENTIAL
Whilst our client has built an already
successful business, there is still scope to
increase both turnover and profits by:
1. Introducing on line bookings.
2. Fillers and botox
3. Teeth whitening
4. Premium make up range and fashion
accessories
The list is endless and in addition, if any
new owner could add a hair salon to offer a
fuller service.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £135,000
Gross Profit: 70%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
A well presented beauty salon in a desirable
location consisting of the following:
Ground Floor
• Entrance with ambient décor of
quality flooring and soft lighting
• Reception area
• Comfortable cushioned waiting area
• Retail sales area with quality
beauty products
• 1 x treatment room with nail
station
• staffroom/kitchen/laundry/w/c
First Floor
• 3 further treatment rooms, one
which is used for beauty and nails,
the other for beauty and spray
tanning and the last is used for all
beauty and holistic treatments
• communal area between treatment
rooms
• another nail station on the large
landing
• Shower room
• W/c for clients.
TENURETENURE: Leasehold
Original lease: 5 years
Remaining lease: 1 year
Review every: 5 years
Rent: £10,000 P.A.
We are advised that the annual business
rates are currently: £1,700
VIEWING
Please DO NOT approach the business or its employees without a prior appointment.
All appointments are to be made via our office.