Status: Completed
Tenure: Leasehold
Leasehold Rent: £10,000 per annum
Turnover: £68,554
Beauty Salon in Brilliant Town Centre LocationBeauty Salon in Brilliant Town Centre LocationBeauty Salon in Brilliant Town Centre Location
£49,995 + SAV

Beauty Salon in Brilliant Town Centre Location

Completed
  • Reference: 3080
  • Location: Littlehampton, West Sussex
Hilton Smythe is delighted to welcome to the market Central Beach. This beauty salon was originally established in 2004 by our client, who is now looking to sell the business due to relocation.

The business is run as a beauty salon and tanning studio. They offer services such as spray tans, waxing, facials, pedicures, eye lash extensions, ear piercing and much more. We are advised the business generates a turnover of around £68,600 per annum with a gross profit of around 84%.

This is a great profitable salon with scope to boost turnover more. One way to do this would be to maximise the use of space. There is room in this salon to offer basic hair services such as cut and blow. This should allow for an increase in custom and could build-up the loyal client base. A loyalty scheme would also be a great way of attracting repeat trade.

There is a second floor which is currently used as staff space. This could be transformed into an owner's accommodation or could even be rented out to generate an extra income. There is huge potential for this business and would be perfect for a first time buyer.

This location receives a generous amount of footfall and the property comes with low rent. We highly advise early viewing for any purchaser looking for that perfect profitable business.

TENURE

We are advised the business is Leasehold.
Original lease length: 5 years
Left on the lease: 3 years
Review period: 3 years
Rent: £10,000 per annum

HOURS

The business is open-

Monday: 9:30am - 7pm
Tuesday: 9:30am - 7pm
Wednesday: 9:30am - 4:30pm
Thursday: 9:30am - 7pm
Friday: 9:30am - 7pm
Saturday: 9:30am - 5pm
Sunday: Closed

STAFF

The business is run and managed by our client with the help of 2 members of staff.

FINANCIAL PROFILE

The business generates a turnover in the region of £68,600 per annum.
With a gross profit of around 84%
Central Beach is located in Littlehampton, West Sussex.

The business is situated in the town centre of Littlehampton. This area receives a heavy amount of footfall daily. There is a generous amount of business along this street with bargain stores, pubs, cafes, take aways and also an Iceland store. The stores are benefited by parking bays directly outside, these run along the high street. This is the main location for shoppers and is a great area for any business.

The main high street is just a short walk away from the River Arun, This is a beautiful costal town that hosts many live events. The area always attracts tourism and has great public transport links to allow tourists to get around the town easily. There are many bus stops dotted around and there is also Littlehampton train station just a two minute walk away.
The business is well signed and has a large front window, which allows for a light and airy salon space. This is a three storey premise with a generous amount of space.

To the left on entrance is the nail bar there are 3 upright sun beds lining the premise. This leads up to the reception desk which is located to the rear of the salon. To the rear are a further two stations. On the ground floor is a separate room with a lay down sun bed.

On the first floor is a toilet and stockroom. There is also a large treatment room this is fully equipped with beauty equipment.

Equipment includes-
3 x 225 watt stand up sunbed unit
2 x nail stations
Water cooler
Glass fronted fridge
Glass product display unit
Fixed reception counter/till
Lie down sun bed zenith 180 watt
St tropes spray tan booth and machine
Massage bed
Sink
Trolleys/chairs
Pedicure station
Waxing equipment
Magnifying light
Micro dermabrasion machine (leased)

There is a second floor which is used as the staff space. There is a staff room, kitchen and bathroom currently on this floor. This floor would be perfect as owner's accommodation and the staff room would be used as a lounge/bedroom.