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THIS BUSINESS IS NOW UNDER OFFER

Well Presented Beauty Salon

Sudbury, Suffolk
Leasehold Price:
£27,000
Find more details, or book a viewing:
Status
UNDER OFFER
Advert ID
240818
Reference
B05142 / Rightbiz

Details

Business
Hilton Smythe welcomes to the market The Retreat, an established beautician in the picturesque and affluent village of Long Melford, Suffolk.

The Retreat carries out a multitude of treatments including massage, nails, pedicures, facials, waxing, eyebrows, ear candling etc.

The Retreat also carries out Lipo-lite treatment and give make up lessons and make up parties. Facials are carried out using Germaine de Cappucinni products, which are also for sale and bring in around a third of the salon’s income. The salon is particularly well known in the area for lashes and massages.

The clientele is wide and varied from teenagers to retired ladies from the village and further afield. Since being established The Retreat has built up a large repeat client base and has great reviews on social media which include 5* reviews on Facebook and 4.8* on Yell. The business is being sold with the website www.theretreatlongmelford.com, its Facebook page and Instagram site.

There are many reasons to buy The Retreat including:

  • Established client base
  • Low outgoings
  • Many specialist treatments
  • Owner willing to stay on in part time capacity
  • Long term staff members
There is scope for development by:

  • Utilising the space which currently gives room for up to 5 staff at one time
  • Re introduction of spray tanning
  • Consider adding hairdressing
Hilton Smythe highly advise early viewing to avoid disappointment.



Location
The Retreat is a beautician that is located in the affluent village of Long Melford, just north of Sudbury, Suffolk.

The Retreat has been a beautician in Long Melford since 2010 and our client is now looking to sell to spend more time with the family. Our client would be willing to stay on in a part time capacity.

Long Melford is an affluent market town with many independent shops and boutiques that bring a high footfall to the area, the village has a population of 3,918 as per the census of 2011.

Our client has many clients from a large radius which includes the market town of Sudbury and many surrounding villages.

Long Melford is easily accessible via the A134 Sudbury to Bury St Edmunds road, which by passes the village.



Premises
The premises are entered from the front directly off the main road, where there is free parking.

The nail bar/ reception has a nail bar for 2 customers at once, reception desk with computer system, Germaine de Cappucinni display and nail polish display.

A door to the rear of this room leads to the makeup and waiting area, from here is access to the cellar, stairs to the first floor treatment rooms and door to the waxing room.

The waxing room has a waxing table and all necessary equipment.

The cellar is a full height cellar used for storage

On the first floor there are the following rooms

Treatment room 1 is predominantly a massage room, this can be a double massage room and has storage cupboard, G5 massage machine, Lypolite machine, hot stones and sink.

Treatment room 2 is mainly used for lashes and Dermalift. There is a sink in this room.

Small office, this room was used for spray tanning and this can be re-instated

Toilet with a further storage area.



Tenure
We are advised the business is being sold as a leasehold business opportunity with a 3 year lease from December 2016, we have been informed by our client that the landlord will write a new lease for either 1, 3 or 5 years.

The annual rent is just £9,900 per annum, paid monthly at £825 per month, this includes all water.

Our clients inform us that they do not pay business rates.



Hours
Monday: Closed
Tuesday: 10am – 8pm
Wednesday: 10am – 4pm
Thursday: 9.30am – 8pm
Friday: 9.30am – 6pm
Saturday: 9am – 4pm
Sunday: Closed
We have been informed by our client that there are no restrictions on the lease with regards to opening times




Staff
The business is run and managed by our client, with the help of a full time and a part time member of staff



Financial Profile
The Retreat generates an advised turnover of circa £55,000

The assets being sold with the business are worth in the region of £15,000 - £18,000

The average stock level is circa £10,000



Seller Details
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Listing Details
Leasehold Price: £27,000
Tenure: Leasehold
Sector: Beauty Salons
Financials
Annual Turnover: £55,850
Location Statistics
What's nearbyi:
The Croft Dental Practice, Sudbury, Suffolk (approx. 0 mile)
Black Lion Hotel (approx. 0 mile)
Anchor - St Joseph's care home (approx. 0.1 mile)
Saint Joseph's Roman Catholic Primary School (approx. 0.1 mile)
The Grover and Allen (approx. 0.2 mile)
William Hill (approx. 0.2 mile)
WHSmith (approx. 0.2 mile)
Kwik Fit Sudbury (approx. 0.3 mile)
Mulberry Court (approx. 0.3 mile)
Euronics (approx. 0.4 mile)
Listing Statistics
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