Hilton Smythe are proud to present to the market this beautifully presented beauty salon.
This busy well known and beautifully presented beauty salon was established in 1996 and has been managed by our client since. The salon offers many beauty treatments that include face and body treatments, semi-permanent makeup, hair removal, spa packages and many many more. Our client is now looking to sell the salon, due to relocation.
The business is currently turning over a figure of £190,000 as per 2016 accounts with a gross profit circa of 74%. Although we agree that this is a brilliant turnover, we feel there is a scope to improve slightly by possibly opening on a Monday to offer clients 6 days a week for appointment's and this will also help increase the turnover. We feel that social media could possibly add to the client base and keeps them up to date on new treatments and available appointments.
The beauty salon benefits highly from business from local residents. Due to the high demand, We believe there is potential to increase staff to allow for more appointments and subsequently further revenue.
We feel an early viewing on this business would be highly beneficial to avoid disappointment
TENUREWe are advised that the business is Leasehold.
We are advised that the original lease length is 5 years and there are 5 years remaining as of 2016.
Rent: £21,000 per annum.
HOURSThe business is open from:
Monday - Closed
Tuesday: 9:00am - 8:00pm
Wednesday: 9:00am - 5:00pm
Thursday: 9:00am - 8:00pm
Friday: 9:00am - 6:00pm
Saturday: 8:30am - 4:30pm
Sunday - Closed
STAFFThe business is currently run a manager, 4x full time staff and 2x part time receptionists.
FINANCIAL PROFILEThe business reports an annual turnover of £190,000 per annum and has a gross profit of 74% as per 2016 accounts.
This popular beauty salon is located in Cambridgeshire. The popular beauty salon is situated on a busy main road surrounded by residential homes and other thriving businesses including a Chinese takeaway, coffee shop and many more. There is also ample free car parking to the front of the business and there is also private free parking to the back of the business.
The area has a public transport system running within the town and has several bus stops within the area within walking distance of the beauty salon.
The business premise is a two storey, double fronted property with beautiful signage displayed on the outside.
The reception area is completed with sofa seating, a main reception desk with a computer and makeup displays. There is a working area with 2 chairs and this is separated with a screen divider. There is an additional area which is home to 2 nail stations.
The ground floor hall has displays of makeup, stock and treatments that the beauty salon sell's separate to the treatments that their clients book in for.
There are five treatment rooms within the property all immaculately presented.
Treatment 1 is fitted with a Hydraulic treatment bed, chair, trolley with lamp, sink unit, storage cupboards.
Treatment Room 2 is fitted with a Hydraulic treatment bed, product trolley, chair, sink unit, storage cupboards.
Treatment Room 3 is fitted with a Hydraulic treatment bed, product trolley, chair, lamp, sink unit, storage cabinets, punka fan.
Treatment room 4 is fitted with a Treatment bed, trolleys, lamp.
Treatment Room 5 is fitted with a treatment bed, CACI facial equipment.
The property is also fitted with two toilets with one on the ground and first floor.
There is also a specialised treatment room that is currently split into two areas. One half of the room is being used as a meeting room for clients housing a glass top table with 6 chairs. The other half of the room is being used as another treatment area with two hydraulic couches.
Also on the first floor is a manicure/pedicure room where there are three work stations.
The laundry and kitchen area is fitted with a washing machine, dryer, sink unit, storage cupboards, microwave, boiler, bar area with stools. Back door entrance that leads to free car parking for 3 cars, an outdoor storage area and fire escape for first floor rooms.