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(REF: North Hertfordshire)  Exceptional Health and Beauty Business For Sale
 
Seller Reference: North Hertfordshire
B4S Reference: 31991
Asking Price: £120,000
Net Profit: £25,000
Sales Revenue: £190,000
Number of Staff: 9
Established For: 8  Years  0  Months
Ownership: Leasehold
Location: Knebworth, Hertfordshire, United Kingdom
  Business Summary   
  During the last 18 months the salon has undergone extensive refurbishment which has created a serene and welcoming ambience. Due to improvements in the quality of service and carefully targeted staff training the number of clients currently stands in the region of 3,500. All building and service improvements comply with the relevant Building Regulations and Health and Safety legislation. Property is leased at an annual rate of £16k.

Business is well managed with robust processes and systems. Accounts are produced by a professional accountancy firm located in North Herts.

Business is offered for sale as a going concern as current vendor needs to concentrate on other business interests.

Employs 9 members of staff to operate a 9am to 9pm business 5 days per week.

Assets include CACI Quantum, Ellipse IPL, Environ Sonophorisis Machine! St Tropez Spray Booth, Guinot Iontophorisis and Lifting Machine, plus Salon Manager System.

Property consists of four treatments rooms, Spray Tan Room, Nail Bar, Reception and Retail area.
  Property Information   
  Property: Leasehold
 
  Lease Terms: 6 years with 3 year break clause
 
  Current Rent: £16,000 per annum
 
  Living Accommodation: No
 
  Location: Prime High Street position
  Competition   
  Very little as we are well established and a recognised brand in the high street for quality of service and treatments.
  Growth Potential   
  Business is located in an area where there is quantitive disposable income. Clientele mix accounts for those that work in London but live in and around the area. Outlook for 2012 and 2013 is promising with continued growth on the 35% achieved so far. Reason being the reputation of the salon is reflected in the growth of clientele.

Opening hours can be extended further to 6 days per week.

All assets are now paid for and of modern status.
  Support and Training Offered   
  All staff are fully trained with experience from 15 to 20 years in the beauty industry.
  Reason for Selling   
  The salon is now reluctantly beng offered for sale to enable the vendor to support and concentrate on other business interests.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Mon - Closed
Tues to Thurs 9am to 9pm
Fri 9am to 6pm
Sat 9am to 5pm
  Summary of Staffing   
  2 Full Time Therapists
3 Part Time Therapists
3 Part Time Receptionists





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