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Profitable Beauty & Make Up Salon Prestwich

Prestwich, Manchester
Leasehold Price:
£29,500
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
243377
Reference
6804 / Rightbiz

Details

    Main Road Trading Position

    Turnover Year End 2019 Accounts £85,381

    Gross Profit Year End 2019 Accounts £71,641

    Accounts Available Upon a Viewing

    Rent £154 Per Week

    Beautifully Presented Throughout

    Complete Handover Period Offered

    Full Training Can Be Provided

    Ample Free Parking

    Scope For Additional Beauty Treatments

    Potential To Offer Beauty School Courses

    Scope For Additional Rental Income

    EPC – D

Description:
REF 6804 – Leasehold Established Beauty & Makeup Salon
Blacks Business Brokers are pleased to bring to the market this leasehold beauty and makeup salon located on a busy main road in Prestwich, Greater Manchester.

INTRODUCTION
Birdhouse has been trading on Bury New Road since March 2016. Our client established the business here due to the high amount of local custom generated by the busy surrounding area. The business is well known and has an excellent reputation with a large base of regular customers and excellent reviews noted on Google and Facebook. The business also has a strong social media following with almost 2,000 Instagram followers.

LOCATION
The business is positioned on a busy main road within a small parade of shops. This is close to Heaton Park, Prestwich Golf Club and a range of both independent retailers as well as large multiples including Pizza Express and KFC. The area is well linked by the M60 with good public transport links and free parking is available in the immediate vicinity.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s relocation the business offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The building is available on a competitive rate on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a three year lease which began in 2016 at a cost of £154 per week. The lease can be fully renewed.

STAFF
The business is currently operating with five members of self employed staff. Our client also works on a full time basis.

FINANCIAL DETAILS
Birdhouse has traded well during the last three years. We are advised that the business currently has projected annual turnover of £85,000 with gross profit of £70,000. We are advised by our client that with the space available, there is scope to generate around £850 per week in rental income from self employed beauticians and MUAs. Full financial details are available upon viewing.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This leasehold business occupies a superb trading position on a busy main road. There is plenty of scope to develop the business further with the introduction of additional beauty services. There is also potential to offer beauty classes, workshops and lessons on an individual or group basis. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Accomodation:
BUILDING LAYOUT AND DESIGN
Birdhouse operates from the ground floor of a spacious, mid terraced property within a busy parade of shops and businesses. The business is well branded with large signage displayed above partially glazed frontage. Inside, the main salon area is beautifully presented and fitted with four nail stations. There is also a large, open plan make up salon with two mirrored make up stations and to the rear is a private beauty room fitted with beauty bed. Each area has been carefully finished and is presented to the highest of standards with good quality fixtures and fittings including desks, nail lamps, wax pots, mirrors, work stations and much more. There are also toilet facilities and a kitchen area with storage.



Fixtures & Fittings:
Coming Soon

Opening Hours:
MON: CLOSEDTUE: 12:00 - 20:00WED - FRI: 09:00 - 20:00SAT: 09:00 - 17:00SUN: CLOSED


Weekly Rent:
£154 Per Week. Weekly Rent:
£154 Per Week.
Seller Details
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Advert Reference: Login to view
Listing Details
Leasehold Price: £29,500
Tenure: Leasehold
Sector: Engraving Businesses, Hairdressers
Financials
Annual Turnover: £85,381
Annual Net Profit: £26,171
Location Statistics
What's nearbyi:
Beeches Day Nursery (approx. 0 mile)
Anytime Locksmiths (approx. 0 mile)
St Ann's Rd (approx. 0 mile)
Andre Frenkel (approx. 0 mile)
Luci Living Design (approx. 0 mile)
Beautylicious (approx. 0 mile)
Prestwich Heating and Plumbing Services (approx. 0 mile)
Bury New Road/St Ann's Road (approx. 0.1 mile)
Carl Gambrell (approx. 0.1 mile)
NM DiscountStore (approx. 0.4 mile)
Listing Statistics
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The data showed regarding this advert 'Profitable Beauty & Make Up Salon Prestwich - 6804 / 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.