Highly Rated High Street Beauty Salon in Ingatestone, Essex Up for Sale
Ingatestone, Essex
- Status
FOR SALE
- Date Submitted:
14/12/23
- Advert ID
603915
- Reference
B07102 / Rightbiz
- Call Agent:
- Leasehold: £72,500
- Turnover: £99,553 (£1,914 Per week)
- Net Profit: £19,594 (20% Profit margin)
Business Details
Highly Rated Beauty Salon For Sale
BusinessPlease quote reference B07102
CoGoGo are delighted to welcome to the market Beauty 88, a highly rated and well established beauty salon in Ingatestone, Essex.
The business was established by in 2017 and has been under our clients ownership since.
Only now does the business come to the open market due to one of our clients looking to relocate.
The salon offers the following services -
- Waxing
- Facials
- CACI non-surgical facials
- A variety of massages
- Eye lash and Brow tinting
- Lash lifts
- Brow lamination’s
- Spray tans
- Nails Manicure
- Pedicures
- Reflexology
- 5* client reviewed salon.
- Situated on the high street, in the quaint commuter town of Ingatestone.
- Offer Synergy system – only salon in the area to do so.
- Experienced team.
- Characterful property.
- Local client base.
- There has been a beauty salon business here for many years.
Location
Beauty 88 is located on the busy high street in Ingatestone, Essex, with a good level of passing trade and footfall.
Premises
Ground floor -
- Manicure stations x2
- Pedicure seats x2
- Spray tanning room
- Office
- Kitchen
- Toilet
- Cupboard under the stairs
- 3 Treatment rooms
- Shower room
- Large cupboard on the landing.
Tenure
We are advised that the business is being sold on a Leasehold basis, with the current lease due to expire in June 2024. The rent is £866 per month.
A new buyer could look at negotiating their own new lease.
Hours
The current salon hours are -
Monday - Closed
Tuesday – 9:00am – 6:00pm
Wednesday – 9:00am – 8:00pm
Thursday – 9:00am – 8:00pm
Friday – 9:00am – 6:00pm
Saturday – 9:00am – 3:00pm
Sunday - Closed
Staff
In addition to one of the owners, who is a therapist, the business is also supported by another therapist and a front of house manager.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £103,000.
Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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Contact seller
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. Reset 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.
Stay Safe
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.
Be safe, use a Rightbiz Solicitor
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