Freehold Beauty Salon With Advanced Treatments | | Undisclosed Lincolnshire | | LINCOLNSHIRE FREEHOLD BEAUTY SALON WITH ADVANCED TREATMENTS High visible location A/T: £163,379 NP IRO £53,000 pa, Owner working 3 days per week with 3 beauticians and S/E nurse and sports therapist. Genuine sale. MUST BE VIEWED F/H £275,000 REF; 1158DN | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67510
ADVERT IMPRESSIONS : 18,428 TIME(S) | | | | BUSINESS SECTOR: | Care / Health / Beauty | | TRADE TYPE: | Beauty Salons | | SALE: | Agent Sale | FREEHOLD: | £265,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is located on an extremely busy road on the approach to the city centre.
Positioned close to a main set of traffic lights, this provides the business with a highly visible and prominent presence and a higher retail profile than other similar businesses
HISTORY
The business has been trading within the same locality for the past 12 years and from the current freehold premises since 2004.
REASON FOR SALE
Our client has decided to emigrate, creating a splendid opportunity for a new owner.
SERVICES
Extensive range of treatments offered including:
Fish spa
Dermalogica Facials & Body treatments
Crystal Clear Microdermabrasion
CACI Non Surgical Face Lifts
Permanent Cosmetics
Nouveau lashes, HD brows. Lash & Brow tinting
Waxing
Electrolysis
Red Thread Vein Removal
Hot Stone Therapy
Hopi Ear Candling
Aromatherapy
Reflexology
Massages
Manicures & Pedicures
Nail extensions
St Tropez Spray Tan
Make-up
Bridal & Beauty packages
Ear piercing
Sports Clinic for the treatments of muscular injuries
Medical clinic for:
o Dermal fillers
o Botex
Laser clinic for:
o Hair removal
o Tattoo removal
o Acne clearance
o Red vein reduction
And many more
CUSTOMERS
The business has built up a large loyal repeat customer base over the last twelve years
ADVERTISING
Minimal advertising is conducted as most customers are regulars or come from word of mouth.
STAFF
The vendor on three days per week
Three qualified beauticians all on contracts of employment, who have been employed for 5, 3 and 2 years respectively
A self employed nurse pays the owner with commission per treatment
A self employed sports therapist who rents a room for the sum of £300 per month (this figure is included within the annual sales figures)
FINANCIALS
We are in receipt of the year end accounts which show:
2011 2010 2009
*Sales £163,379 £142,216 £126,719
Gross £139,464 £126,408 £112,436
Net £42,208 £25,191 £25,605
** Adj Net £53,349 £47,608 £42,873
* Annual Sales is Ex VAT
** Adjusted net profit includes depreciation & interest
TRADING HOURS:
Tuesday & Wednesday 9am to 6pm
Thursday & Friday 9am to 7pm
Saturday 9am to 2pm
PREMISES
The fixtures and fittings are of a very high standard, and the salon has a relaxing, modern and ambient feel.
Fully refurbished to a very high standard, mid-terraced property laid out over three floors, briefly consisting of:
Ground Floor
Reception counter
Fish treatment
Beauty room
Laser treatment room
Waiting area
Staff facilities
Rear access with private car parking
First Floor
Spray booth
3 Treatment room
WCs
Shower room
Second Floor
Sports therapy room
STRENGTHS
Superb freehold premises in highly favourable location
Net profits averaging £50,000 plus per annum
Qualified beauticians will remain with the business
Owner beautician only works three days per week
Excellent accounting information
New owner could be a beautician or even a business investor as one of the staff would be a suitable manager
TENURE
Freehold
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). | | | | | | FOR SALE | | | | | REFERENCE: | 1158DN / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
