Status: Completed
Tenure: Leasehold
Leasehold Rent: £10,300 per annum
Turnover: £81,000
Busy Beauty Salon in Sandy For SaleBusy Beauty Salon in Sandy For SaleBusy Beauty Salon in Sandy For Sale
£39,950 + SAV

Busy Beauty Salon in Sandy For Sale

Completed
  • Reference: 13598 J
  • Location: Sandy, Bedfordshire
Hilton Smythe is delighted to welcome to the market this well-established and popular beauty salon, which is ideally located within the town of Sandy, Bedfordshire.

The business was originally established in 1989 and has been in our clients' careful ownership since 2006. Only now is the business being offered to the market, due to our clients' family commitments. The business currently operates 6 days per week and generates a turnover in the region of £81,000 per annum, with a gross profit of approximately 74%, as per the 2016 accounts.

Our clients offer a wide variety of beauty treatments including facials, waxing, body massages, manicures, pedicures, aromatherapy, makeovers, eyebrow shaping and spray tans, to name a few. The property boasts 72 sq. metres of floor space, is very well maintained and extremely well fitted out to suit the trade.

The business has built up an excellent reputation within the area for the high quality of the beauty services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by embarking on a modest marketing campaign to promote the services offered. A new owner could also launch a website for the business, which could incorporate online booking facilities, as well as introduce a loyalty scheme. Our clients already utilise the use of social media, with a page on the very popular website Facebook, which has 337 likes.

This is an excellent opportunity for a new owner to take this already thriving business to the next level, or it would be a great bolt-on for an existing business wishing to expand; therefore, early discussions with Hilton Smythe must come highly recommended to avoid disappointment.

TENURE

We are advised Leasehold:

Original lease length: 5 years
Remaining lease length: 4 years, 8 months, as of April 2017
Rent: £10,300 per annum

HOURS

The business is open:

Monday: 9.00am - 2.30pm
Tuesday - Thursday: 9.00am - 9.00pm
Friday: 9.00am - 5.00pm
Saturday: 9.00am - 4.00pm
Sunday: Closed

STAFF

The business is owner run and managed with 2 x full time, 2 x part time and 3 x part time receptionists.

FINANCIAL PROFILE

The business generates a turnover in the region of £81,000 per annum, with a gross profit of approximately 74%, as per the 2016 accounts.
The Beauty Spot occupies substantial first floor premises, ideally located on the busy High Street within Sandy in Bedfordshire. The business is surrounded by a wealth of complimentary shops and businesses, therefore, benefiting from a very high volume of footfall and passing trade, as well as good car parking facilities within close proximity. The area of the property is surrounded by densely populated residential estates, from which the business derives much of its trade.

Sandy is a small market town and civil parish in Bedfordshire. The town is situated between Cambridge and Bedford, on the A1 road from London to Edinburgh. The town is surrounded by the pleasant landscape of East Bedfordshire with its market gardening heritage and variety of villages, woods, heathlands rivers and brooks.

The area of the business is well served by the public transport system, with bus stops within easy walking distance of the property. Sandy railway station is just over 5 minutes' walk away. The area is also well served by the road networks, with the A1 being just a short drive away, which links to the national A-road and motorway system, therefore, Sandy has the benefit of easy access to the main commercial centres of London (only 45 minutes by train), Stevenage, Bedford and Cambridge.
Substantial first floor premises, ideally located in a town centre position, briefly comprising:

The business is accessed via its own door.

L-shaped landing offering access to reception and treatment rooms.
Reception area with bespoke serve over desk, customer seating and display shelving units.
Treatment room 1 with 2 x treatment beds, 2 x nail bars, sink unit and product shelving.
Treatment room 2 with 2 x treatment beds and display shelving.
Treatment room 3 with 2 x treatment beds and display shelving.
Treatment room 4 with spray tan machine.
Customer and staff WC with vanity unit and inset wash hand basin.

External:

Shared rear garden.

Equipment included:

Reception desk.
4 x waiting room chairs.
Stereo system.
Hoover vacuum cleaner.
Mains fed filtered water dispenser.
Refrigerator.
2 x Pedicure chairs.
2 x Nail trolleys/stations each with drawers & cupboard.
2 x Jessica cuticle machines.
2 x Jessica Nails LED lamps.
1 x Jessica wall mounted nail polish display stand.
3 x Static treatment couches.
2 x Waxing trolleys.
2 x Wax heating pots.
1 x Sylvia Lewis electrolysis machine.
1 x Guinot Hydradermie machine.
1 x Guinot Hydradermie lift machine.
1 x Guinot Hydraclean machine.
2 x Facial trolleys.
2 x Facial chairs.
2 x Carlton electric treatment couches.
2 x Chairs.
2 x Lamps.
Hot stone heater.
Set of hot stones.
St Tropez spray tan extraction booth.
St Tropez spray tan compressor and spray gun.
All towels and blankets/duvets.
All cupboards and display units.
3 x Therapist working swivel stools.
1 x reception swivel stool.
3 x Electric heaters