| (REF: 1048) High Quality Hair & Beauty Salon For Sale in Dunstable |
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| Seller Reference: |
1048 |
| B4S Reference: |
15640 |
| Asking Price: |
£95,000
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| Net Profit: |
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| Sales Revenue: |
£260,000 |
| Number of Staff: |
7 |
| Established For: |
13 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Dunstable, Bedfordshire, United Kingdom |
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Phoenix are delighted to place onto the market this high quality hair and beauty salon which was established by our client in 1997. He now wishes to sell the business due to other business commitments.
The business provides hair styling as well as all aspects of beauty. The business also has a hair academy where hairdressers are trained.
Our client manages the business and operates with 7 stylists, 3 of which are part time and 2 full time beauty therapists as well as 1 assessor who helps run the academy.
The salon is very widely promoted on the internet and there is a web site www.artizanhair.com . The operation is the market leader in the industry locally and has an exceptionally good reputation. The average spend per client is between £10 and £52.00 and the business benefits from an exceptionally good client base and high quality staff.
Our client would be available for a business familiarisation period if required.
Property Details
This very well presented corner premises consists of 3 floors, with large glass windows offering superb visibility and natural lighting to the premises.
Ground Floor
There are 2 entrances to the building and the premises are illuminated 24 hours a day. The glass door entrance leads to a stunning hair studio which has 12 work stations and includes a waiting area, reception area and a large retail corner. There are stylish furnishings throughout the salon along with an electric massage chair. There is a full array of spot lights providing a very calming yet energetic atmosphere. There is a hair washing area with 4 basins. The total area of the studio is approximately 800 sq ft.
First Floor
2 treatment rooms both fully equipped, 2 toilets, staff room and a kitchen. There are illuminated spot lights on the stairs and there is also a reception lobby.
Second Floor
The staircase leads to the second floor which consists of a fully equipped hair academy with 8 work stations. This is also used as an overflow for clients during busy periods. The office is situated next to the academy.
Financial Details
The present turnover of the business is approximately £260,000 with a gross profit of 90%. Last year the turnover was in the region of £250,000 and in 2005 the turnover was approximately £235,000. The projected income for this year is in the region of £280,000. The only other significant expenditure is the wages which account for approximately 40% of turnover.
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Property: |
Leasehold |
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Lease Terms: |
Original Length 15 years.
Remaining: 10 years.
Review: Every 05 years |
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Current Rent: |
£16,750 per annum. |
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Living Accommodation: |
No |
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Location: |
This property has a very prominent location. It is situated on the corner of the main crossroads in the town centre of Dunstable. It is a commercially thriving area with retail outlets such as Iceland, Argos and Asda lying opposite. The Asda superstore provides excellent parking facilities.
Dunstable has a very mixed population which is ideal for this type of concern. There are many commercial outlets and offices in the area proving a good income source for the business.
The business is always illuminated providing excellent advertising. The premises are of an exceptionally high quality and an early viewing is highly recommended. |
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Our client would be available for a business familiarisation period if required.
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Mon: 09.00am –5.00pm, Tues: 09.00am – 6.30pm, Wed: 09.00am – 6.00pm, Thurs: 09.00am – 8.00pm, Fri: 09.00am – 6.00pm, Sat: 08.30am – 5.30pm, Sun: Closed. |
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Our client manages the business and operates with 7 stylists, 3 of which are part time and 2 full time beauty therapists as well as 1 assessor who helps run the academy. |
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