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Well established beauty salon business for sale.

Stockport, Manchester
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  • Leasehold: £99,995
  • Turnover: £132,089 £2,540 Per week
  • Net Profit: Not Applicable

Business Details

Business
Please quote reference B06008

Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a leasehold basis) a long standing & exceptionally well-run beauty salon business with an excellent reputation.

The business has only now come to the open market as it’s our client’s intention to relocate to another part of the UK.

Preen Beauty Specialists has been under the careful & meticulous ownership of our clients for the last 5 years and they have grown the business to an impressive level.

The business offers a host of beauty treatments such as, Nails, hair, make up, waxing, lashes, eyebrow design, pedicures, manicures, tinting along with pampering & bridal packages. The business is very well known in the area and sees a high amount of repeat trade and word of mouth recommendations, with the friendly staff always at hand to offer advice and professional beauty care.

The salon is beautifully presented with a high level of equipment installed & benefiting from a good presence on social media through Facebook, Instagram & their own dedicated website.

We feel that there is scope to increase turnover and take the business to the next level by undertaking in a robust marketing campaign to generate new clients and introducing new services along with the possible expansion of the workforce to help accommodate new business along with revised operating hours.

A tremendous opportunity to own this business, and early enquiry must come highly recommended to avoid disappointment.



Location
The business is located in the popular St Peters gate area of Stockport.

The business is surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

There are several railway stations nearby. There is also a main bus link to and from surrounding towns and the city centre.

The area is also well served by the A-roads, with the A6 within easy driving distance of the business, which links to the m60/M61 motorway network.



Premises
Preen Beauty Specialists occupies a traditional, modern well-presented premises that have benefited from a major refurbishment over the years to create a bright & welcoming salon environment, and briefly comprise.

Entrance from street level into Open plan area with customer seating area, a host of treatment stations & complimented with various display areas.

Treatment rooms, all furnished with plinths & various industry equipment, along with staff area & good storage . The premises can be found in true “turn key” condition.



Tenure
We are advised that the business is being sold on a leasehold basis, with 1 year remaining on the 5 year lease. The rent is £1,400 per month.



Hours
The business hours are; 

Monday- Closed
Tuesday- 10:00-20:00
Wednesday- 10:00-20:00
Thursday- 10:00-20:00
Friday- 10:00-18:00
Saturday- 10:00-18:00
Sunday- Closed


 



Staff
We are advised that the business has 3 full time members of staff and 4 self employed.



Financial Profile
We are advised as per the 2020 accounts, the business generated a turnover in the region of £135,000, with an adjusted net profit in the region of £50,000. Full financials can be made available upon further request. 

Please quote reference B06008



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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Rest your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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