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Award Winning Hair and Beauty Salon in Derby City Centre

Derby, Derbyshire
Leasehold Price:
£29,950
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Status
FOR SALE
Advert ID
240594
Reference
derbyhairKS3 / Rightbiz

Details

City Business Brokers is pleased to bring to the market this well-known Hair, Nail and Beauty business in Derby City Centre.  Established for over 14 years, the business is located in a prominent position in the Cathedral Quarter with parking to the front for up to 15 cars. The location is ideal for passing trade but also enjoys a position next to similar businesses which helps to increase footfall.

The business has an average turnover with reasonable profits and has developed a strong reputation for friendly service, competitive prices and professional approach with top-rated reviews via Treatwell.

There are 6 work stations, 3 wash stations and 1 nail bar together with several treatment rooms (over 3 floors) offering spray tans, infrared sauna and massage facilities as well as a range of other beauty and medical treatments.

The business comes complete with a range of highly-valued beauty equipment all of which is included in the sale price making this an incredibly good buy.

Currently this business is underutilised due to the owner's other commitments and there is opportunity to increase the turnover through additional chair rental, extending opening hours and other media promotions.  To fully realise the potential and maximise profits this business definitely needs to be owner-run, hence this would suit a qualified Hairdresser or Beautician wishing to make their first step in running their own Salon.

Rental is £19000 annually; however there is additional revenue from the sub-letting of the upstairs apartment to an established tenant which generates £5,580 annually.  Currently there is a lease arrangement in place with the landlord.  However, a new lease is also available.

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information

 

Seller Details
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Listing Details
Leasehold Price: £29,950
Tenure: Leasehold
Sector: Hair & Beauty, Massage Businesses
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
Key Features
  • Established Business
  • Fully Fitted
  • Offers Invited
  • With Accommodation
  • Split Level Trading Area
  • With Car Park
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The data showed regarding this advert 'Award Winning Hair and Beauty Salon in Derby City Centre - derbyhairKS3 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.