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Beauty & Hair Salon In The Centre Of Cambridge

Cambridge, Cambridgeshire
Leasehold Price:
£182,550
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
227281
Reference
B04584 / Rightbiz

Details

BUSINESS

Please be advised viewings are strictly through Hilton Smythe Only.

Please also be advised that staff are unaware of the sale.

Hilton Smythe are delighted to offer to the market Finn Jordan, this is a multi-award-winning Beauty and Hair salon in the centre of Cambridge, established in 1994 and taken over by our client in 2010 and only now being offered to the market as our clients have both personal and family commitments.

The renowned business offers an extensive list of services for ladies and gentlemen which includes:-

•Professional make up
•Hair removal including Laser hair removal
•Cut
•Color
•Styling
•Body treatments
•Beauty treatments

The business Finn Jordan has built up an excellent reputation around the Cambridge area, for the very high quality of the services offered. Due to their work they have built quite a large and loyal customer base, in which word or mouth recommendations have been key over the years to their success and repeat custom.

Gift vouchers are extremely popular, we are advised they generate an excellent revenue.

We believe a new owner may benefit from a modest marketing campaign and have more of a presence on social media to promote the assets of the business and gain new custom. Later opening into the evening may also prove beneficial.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

LOCATION

Hilton Smythe are delighted to offer to the market Finn Jordan, Finn Jordan, is a multi-award-winning Beauty and Hair salon in the centre of Cambridge,

Cambridge is a city on the River Cam in eastern England, home to the prestigious University of Cambridge (Which is approximately a ten-minute walk from Jordan Finn), dating to 1209.

University colleges include King’s, famed for its choir and towering Gothic chapel, as well as Trinity, founded by Henry VIII, and St John’s, with its 16th-century Great Gate. University museums have exhibits on archaeology and anthropology, polar exploration, the history of science and zoology.

PREMISES

The salon is decorated and fitted out to one of the highest standard Hilton Smythe has seen, allowing a warm and comfortable atmosphere.

The business premises are beautifully presented and maintained with clear visible signage.

Equipment-

•4 x treatment beds
•3 x hairdressing chairs
•2 x washing stations
•2 x cutting stools
•3 x wax trolleys
•3 x hot wax pots
•Laser hair removal
•2 x electrical facial machines
•Electrolysis hair removal

TENURE

We are advised the business is being sold as a Leasehold.


Original lease length: 21 years
Remaining lease length: 10 years as of 2018
Review period: 5 years
Rent: £33,000 per annum

HOURS

Monday - 9.00 am–6.00 pm
Tuesday - 9.00 am–7.30 pm
Wednesday - 9.00 am–7:30 pm
Thursday - 9.00 am–7:30 pm
Friday - 9.00 am–6.00 pm
Saturday - 9.00 am–5.00 pm
Sunday - Closed

STAFF

The business is currently being run by our clients with one part time and four full time members of staff one of which manages the salon for our clients.

FINANCIAL PROFILE

Finn Jordan generated an advised turnover of circa £354,987 as of the 2017 accounts, with a gross profit of £273,324.



£182,550
Listing Details
Leasehold Price: £182,550
Tenure: Leasehold
Marketed By: Hilton Smythe
Sector: Beauty Salons
Financials
Annual Turnover: £354,987
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