Profitable Beauty Salon-. | | Colchester Essex | | PROFITABLE BEAUTY SALON-.Fully staff run and managed. COLCHESTER. | | ADVERT NUMBER : 43590
ADVERT IMPRESSIONS : 17,443 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Beauty Salons | | SALE: | Agent Sale | LEASEHOLD: | £99999 | ANNUAL RENT: | £9000 | | | | | BUSINESS DETAILS: | Latest accounts (Y/E 31/03/09)
demonstrate a turnover of £ 207,928 (Net of Vat)
with a Gross Profit of £128,668 and an adjusted Net Profit of around £50,000 for a non working owner
This is an upmarket salon delivering a professional range of treatments. The salon has been trading at this location, under the same ownership for fifteen years.
Salons of this quality do not appear on the market very often and viewing is most definitely recommended. A committed working owner/partnership should reap considerable benefits and a non working owner could expect to recoup their investment in a couple of years at current T/O and profit. This is a genuine and exciting opportunity .
A recent addition to the salon has been the hairdressing area which has modern décor and equipment. It has two styling stations, one Ceriotti dryer, and one Ocean backwash. This area represents untapped potential, whether it is sub let to a self employed stylist, or incorporated into the business itself as another revenue stream. Current accounts do not represent takings from this new addition.
Stairs lead to four ample sized fully equipped and functional treatment rooms, each measuring in the region of 90sq ft. One treatment room is equipped with a shower and spray tan booth. There is also a separate WC and small cloakroom. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
