Thoughtfully Designed Beauty Salon With Loyal Customer Base | | Undisclosed Norfolk | | NORFOLK THOUGHTFULLY DESIGNED BEAUTY SALON WITH LOYAL CUSTOMER BASE Wonderful beauty salon located centrally in a delightful Norfolk town Splendid standard of decor throughout 3 nail bars and two treatment rooms Scope to introduce additional products and also to lease upstairs unit allowing expansion Weekly takings £2,000 with excellent level of Net profit for working owner L/H: £50,000 + SAV REF: 1241IP | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70982
ADVERT IMPRESSIONS : 14,377 TIME(S) | | | | BUSINESS SECTOR: | Care / Health / Beauty | | TRADE TYPE: | Beauty Salons | | SALE: | Agent Sale | LEASEHOLD: | £29,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Prominently sited fully air conditioned beauty salon in heart of a delightful Norfolk market town
• Wide range of complementary businesses close to the historic centre
• Mix of up market residential, service and retail business within the immediate area
• Ample parking within the town
HISTORY
• Established by vendor as an individual beauty salon 10 years ago
• Full air conditioning in main salon and both treatment rooms
• Salon equipped to a high standard at a cost of approximately £35,000
• Ongoing programme of maintenance has ensured no investment required beyond the consideration price
• A very individual experience created for loyal repeat customer base
• Product range extended to include a variety of price points
REASON FOR SALE
• Retirement
PRODUCTS
• Extensive range of beauty products used
• Dermalogica
• OPI
• Jane Iredale
• Retail sales undertaken
• Gift vouchers
CUSTOMERS
• Predominantly female customer base although around 8% of clients are male
• Mainly working women typically in the 30 to 50 age range although age range spans teenagers to senior citizens
• Exceptionally high repeat rate
• Typically drawn from the town and outlying villages
SERVICES
• Full range of traditional beauty services and complementary therapies offered
• Manicures and pedicures
• Nail overlays and extensions
• Nail art
• CACI non surgical facelift
• CACI facials
• Acrylic back scratchers
• Body treatments
• Waxing
• Electrolysis
• Eyelash and eyebrow treatments
• Stress treatments
• Massage
• Complementary therapies
• Beauty treatments for the under 15s
• Luxury packages
SUPPLIERS
• Products sourced either direct from the manufacturers or through well established trade sources
STAFF
• Vendor works hours as required more often in a managerial capacity these days
• 3 full time beauticians
• 2 part time beauticians
• All staff are fully qualified to appropriate NVQ industry standard
FINANCIALS
Turnover
2011 £133,000 (incl vat)
2010 £145,000 (incl. vat
• Gross profit margin approximately 70%
• Excellent level of net profit especially for working owner
• Highly consistent financial performance over many years
• Stock holding approximately £2,500
TRADING HOURS
• Monday, Wednesday and Friday 9AM to 8 PM (7 PM in winter)
• Tuesday 9 AM to 4 PM
• Thursday 9 AM to 6 PM
• Saturday 9 AM to 3.30 PM
• Sunday closed
OVERHEADS
Staff £TBC
Rent £11,600 pa
Rates £6,200 pa
Heat & light £TBC
PREMISES
• A delightful grade II listed lock up retail ground floor salon, thoughtfully decorated, and located in the heart of a wonderful, affluent Norfolk market town
• Reception counter
• Seating area
• Racking and shelving appropriate to trade
• 3 nail bars
• 2 individually decorated treatment rooms
• Kitchen
• WC
• All equipment within consideration price including CACI machine
TENURE
• Original Lease 5 years
• Lease remaining 4 years
STRENGTHS
• A superb reputation with a discerning and loyal customer base
• Electrolysis work undertaken
• Exceptional repeat rate
• Consistent and predictable financial performance with excellent net profit year on year
• Affluent area supporting clientele with high disposable incomes
• Website
• Superb quality of life
POTENTIAL
• Business development activity limited at present with plenty of scope
• Further development of website
• Scope to utilise existing capacity within the salon
• Introduction of additional treatments for example: sun beds or hair dressing
• Scope to revise prices upwards
• Expansion into upstairs unit (former hair salon) which is currently vacant (subject to landlords approval)
• Expansion of retail sales
• Exploring use of self employed staff renting facilities
VIEWINGS
• A non disclosure agreement will have to be signed and returned prior to any further information and viewing.
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises
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: | 1241IP / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
