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(REF: 1241IP)  Thoughtfully Designed Beauty Salon With Loyal Customer Base
 
Seller Reference: 1241IP
B4S Reference: 32009
Asking Price: £50,000
Net Profit:
Sales Revenue: £133,000
Number of Staff: Send enquiry for more details.
Established For: 10  Years  0  Months
Ownership: Leasehold
Location: Undisclosed, Norfolk, United Kingdom
  Business Summary   
  HISTORY

• Established by vendor as an individual beauty salon 10 years ago
• Full air conditioning in main salon and both treatment rooms
• Salon equipped to a high standard at a cost of approximately £35,000
• Ongoing programme of maintenance has ensured no investment required beyond the consideration price
• A very individual experience created for loyal repeat customer base
• Product range extended to include a variety of price points

REASON FOR SALE

• Retirement

PRODUCTS

• Extensive range of beauty products used
• Dermalogica
• OPI
• Jane Iredale
• Retail sales undertaken
• Gift vouchers

CUSTOMERS

• Predominantly female customer base although around 8% of clients are male
• Mainly working women typically in the 30 to 50 age range although age range spans teenagers to senior citizens
• Exceptionally high repeat rate
• Typically drawn from the town and outlying villages

SERVICES

• Full range of traditional beauty services and complementary therapies offered
• Manicures and pedicures
• Nail overlays and extensions
• Nail art
• CACI non surgical facelift
• CACI facials
• Acrylic back scratchers
• Body treatments
• Waxing
• Electrolysis
• Eyelash and eyebrow treatments
• Stress treatments
• Massage
• Complementary therapies
• Beauty treatments for the under 15s
• Luxury packages

SUPPLIERS

• Products sourced either direct from the manufacturers or through well established trade sources

PREMISES

• A delightful grade II listed lock up retail ground floor salon, thoughtfully decorated, and located in the heart of a wonderful, affluent Norfolk market town
• Reception counter
• Seating area
• Racking and shelving appropriate to trade
• 3 nail bars
• 2 individually decorated treatment rooms
• Kitchen
• WC
• All equipment within consideration price including CACI machine

STRENGTHS

• A superb reputation with a discerning and loyal customer base
• Electrolysis work undertaken
• Exceptional repeat rate
• Consistent and predictable financial performance with excellent net profit year on year
• Affluent area supporting clientele with high disposable incomes
• Website
• Superb quality of life




DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
  Property Information   
  Property: Leasehold
 
  Lease Terms: • Original Lease 5 years
• Lease remaining 4 years
• Rent £11,600 per annum
• Rates £6,200 per annum
 
  Living Accommodation: No
 
  Location: • Prominently sited fully air conditioned beauty salon in heart of a delightful Norfolk market town
• Wide range of complementary businesses close to the historic centre
• Mix of up market residential, service and retail business within the immediate area
• Ample parking within the town
  Growth Potential   
  • Business development activity limited at present with plenty of scope
• Further development of website
• Scope to utilise existing capacity within the salon
• Introduction of additional treatments for example: sun beds or hair dressing
• Scope to revise prices upwards
• Expansion into upstairs unit (former hair salon) which is currently vacant (subject to landlords approval)
• Expansion of retail sales
• Exploring use of self employed staff renting facilities
  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   
  • Monday, Wednesday and Friday 9AM to 8 PM (7 PM in winter)
• Tuesday 9 AM to 4 PM
• Thursday 9 AM to 6 PM
• Saturday 9 AM to 3.30 PM
• Sunday closed
  Summary of Staffing   
  • Vendor works hours as required more often in a managerial capacity these days
• 3 full time beauticians
• 2 part time beauticians
• All staff are fully qualified to appropriate NVQ industry standard





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