| (REF: CQ148 ) Established Hair and Beauty Salon Business with Two Unique Premises |
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| Seller Reference: |
CQ148 |
| B4S Reference: |
17177 |
| Asking Price: |
£285,000
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| Net Profit: |
£25,000 |
| Sales Revenue: |
£225,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Kent, Kent, United Kingdom |
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This well regarded Beauty and Hair Salon business was established in 1999 after the vendor spent many successful years in the business from apprenticeship. She quickly built a brand name a for quality and service at the main site, offering hair dressing on the ground floor, with a range of beauty therapies on the upper floors. After many years building a loyal client base, the vendor expanded in 2005 by purchasing a well appointed 2nd unit within a couple of miles to focus on hairdressing. The 2nd premises had previously been trading for many years under the ownership of a husband and wife couple. After the purchase, the vendor brought in her fresh, modern brand image and level of professional service demanded by the local customers. This dedication has seen both businesses go from strength to strength, with a high level of turnover and profitability achieved at each site.
The Beauty Salon has 4 fully equipped beauty rooms on the upper floors to offer a full range of therapies including facials, massage, spray tan and non-surgical facelifts. The Salon is an approved supplier of some high-profile exclusive products and treatments from companies such as Dermalogica, Redken, Heyland and Whittle, Jane Iredale and Fake Bake. These products bring in discerning clientele from across London and Kent searching out the specific techniques and therapies. The business is also in the enviable position of being able to offer these brands via the corporate website which has a full e-commerce online ordering system.
On the ground floor of the hair and beauty salon there are 6 cutting stations and 2 washbasins, which offers the business a great capacity and atmosphere for customers. There is an overflow area upstairs for hairdressing with a further 2 washbasins and 6 cutting stations. This allows the business a great deal of flexibility in their capacity without affecting the overall overheads.
At the second premises, which is primarily trading as a hairdressers under the same brand name, there are 8 cutting stations and 2 washbasins on the ground floor studio. The business as a group has built a large and loyal base of customers, mostly affluent professional ladies in the surround areas, who are targeted by the branded products and therapies on offer. At the higher end of the market there is minimal direct competition locally for the salons, with the nearest Salons able to offer the same level of service in the City. The business has built on the fact that they can offer top service at competitive prices closer to home.
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Apart from the internet advertising and web presence the business has conducted minimal advertising over the years, growing organically via recommendation and referral from passing trade. |
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Whilst the website is fully functional and has had search engine optimisation, it would benefit from more direct advertising and marketing to draw further ‘internet only’ customers to the site. There is also an opportunity to develop specific websites for the key brands such as Dermalogica, as the business has already been granted approval.
The premises are fully fitted, and finished to a top level. Extra revenue could be derived from directing customers internally between the two operations, there is also the option of trailing beauty therapies at the hair salon, and marketing the beauty products that the business can offer.
There is a large database of clients who have used the business over the years, with a focus on promotion to these existing customers, and offers / PR, extra business could be generated easily. The hair salon is currently only trading 5 days per week with one evening open. This could be greatly increased by focusing management and development at the 2nd site. |
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The vendor is agreeable to a period of handover and training for the successful transition of the business to new ownership. |
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After many years in the business, and 20 years building this company, the vendor feels it is time to enjoy her retirement and hand the business over to new owners who can takes things forward from a growing position. |
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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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Hair and Beauty Salon (Site 1)
Monday: 9:00 am – 5:00 pm
Tuesday – Friday: 9:00 am – 8:00 pm
Saturday: 9:00 am – 6:00 pm
Sunday: Closed
Hair Salon (Site 2)
Tuesday – Wednesday: 9:00 am – 5:00 pm
Thursday: 9:00 am – 8:00 pm
Friday: 9:00 am – 5:00 pm
Sunday – Monday: Closed |
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Currently the business employs the vendor as the Director of both businesses. She is responsible for all business administration and overall operations. In support at the main site there is a full-time Therapist, 3 full-time Stylists, a full-time Junior Stylist and a self employed Stylist who rents a chair. At the 2nd premises there is a full-time Manager / Senior Stylist, with 1 part-time Stylist and a full-time Junior Stylist. |
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