Hair & Beauty Salon Warwickshire | | Undisclosed Warwickshire | | WARWICKSHIRE HAIR & BEAUTY SALON Visible corner location in arcade on main road Local C/M d/base of over 1,200 nail bar/ spray tanning 1 B/W 1 W/S A/T: £31,000 GP: £28,000 L/H: £25,000 +SAV REF: 9491CV | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 44374
ADVERT IMPRESSIONS : 26,245 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Hairdressers Salons | | SALE: | Agent Sale | LEASEHOLD: | £25000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The salon has an excellent high visibility corner location in a select arcade, on a busy main arterial road of an affluent busy market town in Warwickshire.
Other nearby businesses include a restaurant, jewellers, interior design, newsagents, takeaway and many more. They all contribute in attracting significant footfall levels to the area. Parking is free of charge for 2 hours in a nearby car park and after 5pm on street.
Nearby towns include Stratford on Avon, Leamington Spa and Kenilworth. Access to the area is via either the A46 or the M40 motorway.
THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this popular hair and beauty salon with excellent future potential.
Founded by the vendors over 2 years ago, the business is only now being reluctantly offered for sale as they wish to concentrate on their family commitments.
The salon has an excellent loyal and regular clientele, drawn from its database of over 1,200 clients, who are mostly from the local area.
The salon offers a wide range of treatments including:
Jessica manicure and pedicure
Acrylic nails
Waxing
Spray tanning by St. Tropez
Body wraps
Eye lash extensions
Facials
Ear piercing
Make overs
The salon also does both adults and childrens pamper parties which have proved to be very popular and in addition sells approximately £500 per annum of jewellery which has a gross margin of 50%.
The salon employs one part time staff member who works approximately 16 hours per week with a vendor working full time. They achieve average sales per week of approximately £700 with a gross margin of circa 80%, overheads are very minimal.
The salon has been decorated to a high standard and also has an excellent friendly ambience.
We are advised that stock at cost is approximately £750.00.
REF: 9491CV
TRADING HOURS
Mon, Wed-Fri: 10am 5pm
Tues: closed
Sat: 10am 2pm
Sun: closed
EXPANSION POTENTIAL
Although already running successfully, the salon offers huge scope to increase both sales and profits in the future by:
1. Opening more hours, especially with late nights to suite the lifestyles of many of its affluent clients
2. Increase the current low prices charged to fall in line with those charged around the area
3. Have a rent a chair hairdresser on a shared sales/profits basis a chair already exists in the salon
4. offer botox and teeth whitening on an appointment only basis
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £31,000
Gross Profit: £28,000
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
Located in a select arcade, the salon has 2 separate parts:
1:
Beauty room with couch, wall mirrors, 5 drawer store cabinet, shelf display, original beamed ceiling with spotlights
2:
Entry door to meet the reception desk with fireplace chimney storage
Spray tanning booth with slide across privacy access screen
Pedicure foot spa
Full height mirrors
Nail bar
Hair back wash
Waiting bench
Glass display cabinets
w/c
2 further nail bars
Exposed beams, tiled flooring and spot lights
The premises are decorated throughout to a very high standard and has a great ambience.
TENURE: Leasehold
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9491CV / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
