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Award-Winning Hair and Beauty Salon in Historic Newark for Sale, Newly Renovated

Newark on Trent, Nottinghamshire
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Beautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly Renovated Photo 1
Beautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly Renovated Photo 2
Beautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly Renovated Photo 3
Beautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly Renovated Photo 4
Beautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly Renovated Photo 5
Beautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly Renovated Photo 6
Beautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly Renovated Photo 7
Beautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly Renovated Photo 8
Beautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly Renovated Photo 9
Beautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly Renovated Photo 10
Beautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly Renovated Photo 11
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Beautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly RenovatedBeautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly RenovatedBeautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly RenovatedBeautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly RenovatedBeautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly RenovatedBeautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly RenovatedBeautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly RenovatedBeautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly RenovatedBeautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly RenovatedBeautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly RenovatedBeautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly Renovated
  • Status

    FOR SALE

  • Date Submitted:

    12/07/21

  • Advert ID

    279529

  • Leasehold: £18,000 (Stock at valuation)
  • Rent: £4,200
  • Turnover: N/A
  • Net Profit: On request

Key Features

  • Town Centre location
  • New Lease
  • Close to Local Amenities
  • Attractive Business
  • Company for Sale
  • Small Business
  • Potential for Alternative Use
  • Adjacent to Multiple Retailers
  • Unique Business
  • Fully Fitted
  • Split Level Trading Area
  • Prime Location

Business Details

Beautiful Hair Salon & Bijoux Beauty Lounge in the heart of Historic Newark, Lovingly Renovated

Passion Salon Hair and Beauty Lounge is an award-winning salon at the beginning of its journey—an amazing opportunity for the right person. There is so much potential here in this beautiful Newark gem!

In brief, here is some basic information on the salon.

> Name: Passion Salon
> This is a limited business - This sale is for the business as is - All ownership and 100% of shares will be transferred with the purchase

> Address 32 Barnby Gate Newark, NG2.1PZ
> Leased building - new lease is negotiable on terms - I chose a five year, but any options exist.
> Currently, I pay £350 a month, including building insurance which equates to an annual cost of around £4200

> Business rates - low and covered under the small business band, meaning no rates are physically payable for this property.
> Website:www.passionsalon.co.uk

> I have set up all associated social sites

> I have 11 dummy domains such ashairsalonnewark.co.uk, earpiercingnewark.co.uk, balayagenewark.co.uk etc. - and others all associated with key phrases locals use to search for services at hair salons/ beauty salons

> Active Google my business page with good reviews

> Wish local registered pickup point (you get paid every time someone picks up a parcel from you, and it gets new people to the salon)

> On Groupon with a hair wash cut and blowdry deal for new clients - you can withdraw this if you wish to or take it over as it does increase exposure.

> Registered in Yell and over 30 online sites. / directories.

>The reason I am selling: I have owned the salon for two years, I have faced covid lockdowns and severe staff issues, I own other businesses that are demanding my time, and in honesty, I have recently discovered I have a tumour in my spine - so health matters add an extra level on pressure on my time, I simply can not be at Passion as often as needed to get it steered right at the moment most lockdowns.

The days I am there, I am generally booked up - so there is clear demand. Due to not being able to find suitable staff post lockdown though I have had to close the salon on other days currently - Though I am on the hunt for new staff and as such that element may change - If you are looking for a salon with staff in place then this may be a possibility - or likewise if you are after a salon you can bring your own workforce to this is also possible here at Passion.

> During lockdown one, I renovated the redundant cellar. Tradesmen and I added damp proofing, levelled floors - blasted back brickwork, built stud walls, replaced stairs, added false ceilings and more; it was incredibly hard work but rewarding to see it now. We get a lot of nice remarks from clients regarding the look and feel of the entire salon.

The result is two additional treatment rooms and one large storage space, and in addition to this, another storage cupboard.

That project took 3.5 months of daily graft. There has been a lot of love going into the walls.

> The salon is equipped with everything needed to provide many services in hair, massage, facials, nails, pedicures, makeup and aesthetics. Please see the website for a list of the services currently available. www.passionsalon.co.uk

The salon sale comes with an option for including all the stock and equipment at a sensible agreed figure - There is an abundance of items here - no need to purchase a thing in order to be able to take over and continue with the range of services (excluding aesthetics as these are ordered to suit the client).

An agreement may be met to take overall, none or part of the stock, too, if this is preferable.

The estimated stock value here is £25-£35,000 if including all equipment. I am happy to negotiate a fair deal for both parties.

> Upstairs, when you enter, there is a

Light up led reception desk,

Coat stand,

Alarm system,

Cctv camera,

One stylist gas lift chair/cutting station with

Large oversized mirror

One wash station with reclining matching chair

Wall hot water heater,

Hairdressers trolley x 2,

Fully stocked with styling tools etc.,

Shelves full of stock,

Led light up unit for retail

Card payment machine,

New PC,

Printer,

TV with wall bracket

Drop Safe,

Two clients waiting for chairs

Spare stylist gas lifted the chair

Overhead state the art heater (worth £900 alone)

Two large glass windows to the passing footfall - which is pretty good, as the location is only a short walk to the town centre. Two minutes from the market and town hall.

Short term parking bays directly outside. More shops, salons, and a chemist are neighbours.

> Enter through a sliding door from the salon onto a small kitchenette with:

Sanitation station, UV unit,

Stainless steel sink and drainer,

Microwave,

Toaster,

Kettle,

Draining rack

All equipment required for making luxury client drinks

Fire extinguisher,

Electrical fuse box,

Fully stocked cupboards,

Mini Fridge etc

>through a door to the restroom to the right with:

4 x storage cupboards

Hot water unit

Additional stock and consumables for the salon

Steam Mop

Laundry Basket

Bin

Toilet

Hand Basin and wall hot water heater

Large mirror,

Canvas painting.

>Back through the kitchenette and stairs to the beauty lounge to the left.

Downstairs there is a corridor leading to room one - with

Nail station desk / manicure / pedicure area.

Storage drawers,

Hollywood glamour lights surround a mirrored section on the wall

A gas lift reclining chair for client comfort.

Extractor fan on the wall

Electric heater

Dehumidifier unit,

Mobile three-tier professional trolley unit filled with professional make-up.

> Room 2. Massage / Facials with a curved brick exposed bijoux ceiling with fairy lights across to set the relaxing romantic mood.

Two client/visitor chairs,

Electric heater,

Electric fan

full-size professional massage bed,

Therapist saddle stool,

Professional floor standing O2 steamer

3 therapist units/trolleys with all necessary equipment and stock ready for a host of treatments, including:

Two wax units,

Sharps bin,

CD player

Speakers

Hot Towel Cabinet.

Leading off this room are two additional spaces -

A large storage space with stud wall, with racking, many plastics, durable storage tubs,

So many stock items

Heater,

A second smaller storage space (this one is not in use).


> Back to the hallway, and we have:

Fire blankets,

Extinguishers,

Alarm,

Under-stairs storage space currently housing the cleaning equipment.

Wet Dry 30ltr Vacuum

Note this is by no means a full inventory - this is only a brief summary. The value here is extensive.

***********************************************************

I should also mention that we won a national award for our Passion Facial in 2020.

Renovations work upstairs cost around £5,000, downstairs 15 k on - The new owner is, without doubt, getting a very good deal.
The reason I am not asking for a higher cost is pure as I am aware that I post covid, my health, and staffing shortages - I do not have a suitable account to show the real potential here. There is not a lot that is needed here: simply someone with the time to dedicate either personally or through the right staff, and this little gem can be a gold mine.
It has not been an easy decision to sell, additional to the physical work completed, I personally made the website, created all the dummy domains, social presence etc. Timing (pandemic), trustworthy staff and personal health have been the only real hurdles.

As I am aesthetically trained, I am happy to stay on as a paid remote consultant and on an agreed basis (terms to be agreed) to treat clients for such services you may not be able to find staff for - such as Botox, Fillers and Aesthetics - if this is something you want post-sale.

-as a side note - my other business is multiple award-winning medispas in Lincoln; this is thriving due to having had it longer - buying Passion right before a pandemic was not the best timing - When I say this could be a gold mine, I do speak with experience.

Whoever takes over Passion requires patience / good staff (though there may be an option to keep any current at the time) / time to dedicate, and I am certain this will make someone a tidy little profit. Due to my personal circumstances presently, I wish to reduce my focus and restore some personal health. The premises next door is a painter paradise currently with Hills of Newark - however, they are to convert this into more trading units bringing even more passing trade, I expect.

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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.

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

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