Well Presented Beauty Salon In Solihull | | Solihull West Midlands | | SOLIHULL FANTASTICALLY PRESENTED BEAUTY SALON High visibility location on a parade in affluent area Grade II building over 3 floors -refurbished @ cost of circa £15,000 A/T: £114,829 GP: £41,172 5 treatment rooms c/m d/base of 4,000 L/H: £75,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62038
ADVERT IMPRESSIONS : 12,938 TIME(S) | | | | BUSINESS SECTOR: | Care / Health / Beauty | | TRADE TYPE: | Beauty Salons | | SALE: | Agent Sale | LEASEHOLD: | £75,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• The salon has an excellent high visibility location on a parade of complementary businesses in an affluent area of Birmingham.
HISTORY
• The business was originally founded over 15 years ago with the present vendors having had the business for over 6 years
REASON FOR SALE
• The business is only now being reluctantly offered for sale as the vendors are planning to emigrate to the USA
SERVICES
• They provide all the usual treatments you would expect to see in a quality salon which includes:
• Manicures, pedicures, aromatherapy, massages, reiki, facials, waxing, ear piercing, electrolysis, microdermabrasion, eye treatments, spray tanning and non surgical face lifting
• The salon operates a loyalty scheme where every 12th same service given is free of charge
CUSTOMERS
• All customers are within an approx 10 mile radius of the salon which covers the more affluent areas of the city.
STAFF
• The salon has 3 full time therapists, 1 part time therapist who works on average 23 hours per week and the vendor who also is a therapist working for 2 days per week
TRADING HOURS
• Mon: closed
• Tues: 9am to 6pm
• Wed & Fri: 9am to 7pm
• Thurs: 9am to 8pm
• Sat: 9am to 5pm
FINANCIALS
March 2010
Sales £114,829
Gross £41,172
Net £9,746
• Stock holding: £7,500 circa
• The vendor is willing to work with a new owner to ensure a smooth transition and to give the necessary introductions to both staff and clients
PREMISES
• The salon operates from a Grade 2 listed building situated in an affluent suburb of Birmingham.
• The premises have recently been totally refurbished at a cost of approximately £15,000 and are in pristine condition and with a great ambience
• There is a sound system built in throughout all the treatment rooms and the reception
• There are quality carpets in all walkways, all the beauty rooms have floor rhinofloor linoleum tiles, there are ceiling spot lights throughout and the building has a fitted fire alarm.
• The salon is arranged over 3 floors and very briefly comprises:
Ground floor
• Entry door into the salon, reception desk, laminated floor, vertical blinds, 2 x 2 seater comfy sofas, 2 coffee tables, coffee machine, very attractive large chandelier, beauty room with sink, disabled w/c, side fire exit, product display glass unit
First floor:
• 3 beauty rooms, 2 singles each with sink
• 1 double with side shower room, 2 sinks, glass shelving for product display, glass product display cabinet
• All rooms have blackout blinds
• Towel Cupboard on the landing
Second floor:
• Beauty room with nail bar, towel cupboard, kitchen with range of wall and base units, single sink with side drainer, washing machine, tumble dryer, microwave, fridge, scissor steriliser, spray tanning room with large rear storage room, spare unused office or extra beauty room as required
• Parking is free of charge time limited in front of the salon and there is a large free of charge for 2 hours car park to the rear
• In addition, 2 spaces are allocated to the rear for the sole use of the salon
STRENGTHS
• An extremely well established business which has been trading for over 15 years
• High visibility location in a very popular and affluent part of town and with a large time limited free of charge car park at the rear of the salon
• Fantastic presentation throughout with the whole premises having been totally refurbished in December 2010
• Excellent client database of circa 4,000 and which is being added to every week
• Very good customer reputation with a high repeat and referral trade from other satisfied clients.
SCOPE
• This is already a successful salon, it does however, still offer excellent scope to increase both sales and profits in the future by:
• Offering other therapies such as botox and laser IPL
• Open on Mondays
• Have more staff attend on Wednesdays as the salon operates on minimal staff levels
• A full time working owner therapist would be able to save on staff wage costs
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises | | | | | | FOR SALE | | | | | REFERENCE: | 1005B / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
