For Sale

Stunning Boutique & Tanning Salon

Ongar, Essex

£28,000 +SAV

Ref: B04939

Contact sales negotiator

Aidan Murphy

01204556301

Email Aidan Murphy

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Description

Hilton Smythe welcomes to the market Boutique & Tanning, which was established in 2003.
Our client took the business over in September 2018 with the thoughts of a 5-year plan, however, their other business interest has now taken off and requires their full-time input, hence selling the business.
Boutique & Tanning is a tanning and beauty salon situated in the heart of a thriving market town which has 3 tanning booths.
The beauty treatments include: nails, waxing, and laser treatment including lipo laser treatment.
The business has a Facebook page and has repeat custom.
There is scope to develop the business by considering
• Hairdressing
• Utilising the rear treatment room
• Creating a website
• Extending current beauty treatments
• Re instatement of clothing lines
• Increasing hours
However, there are many reasons to buy Boutique & Tanning including
• High Street location with low outgoings
• High footfall area

Hilton Smythe highly advise early viewing to avoid disappointment.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold business opportunity with a 5 year lease that was signed in September 2018
The annual rent is £13,200
Our clients pay £0 rates

Hours

The business opening hours:

Monday: Closed
Tuesday: 9.30am – 5pm
Wednesday: 9.30am – 5pm
Thursday: 9.30am – 8pm
Friday: 9.30am – 6pm
Saturday: 9.30am – 5pm
Sunday: Closed
The hours can be extended to be open 7 days a week in order to increase turnover

Staff

The business is run and managed by our client, with the help of a self-employed member of staff.

Financial Profile

Boutique & Tanning generated an advised turnover of circa £50,000 per annum
The assets being sold with the business are worth in the region of £15,000
The stock is worth in the region of £2,500

Location

Boutique & Tanning is in the thriving town of Chipping Ongar, Essex.
Located on the High Street alongside many bespoke shops and chains that bring a high footfall to the area.
There is allocated parking for staff to the rear of the shop and ample free parking on the High Street.
Chipping Ongar is an affluent market town less than 25 miles from Central London, 6 miles from M11 Junction 7 Harlow and 8 miles (13 km) from M25 J28 Brentwood. The A414 runs from Chelmsford, through Ongar, to Harlow.

Premises

The shop has a fully glazed frontage and has an entrance door directly off the High Street.

The shop has wood flooring, spot lighting to the ceiling, air conditioning unit/heater and has been freshly decorated throughout.

Upon entry there is the reception to the left and a nail bar to the right.

Off the main area is a large under stair store room, a treatment room, three sunbed rooms, and a hallway with mirrors to one wall which leads to the kitchen.

Off the hall are two further storage areas.

The treatment room is used as a beauty room for waxing, lipo-laser as well as other beauty treatments. It is fitted out with treatment table, lipo-laser machine etc.

Tanning room 1 has a small changing area and a Uvascan U48 upright tanning machine

Tanning room 2 has a small changing area and an Affinity tanning machine

Tanning room 3 has a small changing area and an Affinity tanning machine

Kitchen has fitted wall and base units with work surfaces. It comprises of sink, fridge and doors to the spray tanning room and to treatment room 2.

Spray tanning room is tiled.

Treatment room 2 has a treatment table, door to toilet and door to outside.

The toilet is tiled and has a sink and WC.

Outside to the rear of the shop are 2 allocated parking spaces.

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