Beachfront Hair & Beauty Salon Plus Holiday Letting Business For Sale in Newquay, Cornwall
Newquay, Cornwall
- Status
SOLD / WITHDRAWN
- Advert ID
614013
- Reference
B08128 / Rightbiz
- Call Agent:
- Leasehold: £75,000
- Turnover: £113,000 (£2,173 per week)
- Net Profit: Not Applicable
Business Details
Beach front Hair & Beauty Salon and Holiday Letting Business For Sale
BusinessPlease quote reference B08129
CoGoGo are thrilled to welcome to the market an exceptional business opportunity in the heart of Newquay, combining a thriving hair and beauty salon with a highly sought-after holiday letting.
Beach Shack Newquay & Pads Newquay enjoys a prime location, ensuring easy access for both local clients and holidaymakers. The Pad holiday apartment has a solid roster of 42 bookings for this year and has had numerous confirmed bookings for 2025 to date, this venture promises steady income and growth potential.
The salon offers a comprehensive range of services designed to cater to a diverse clientele.
The salon is fully equipped with high-quality furniture and equipment, including chairs, mirrors, backwash units, a sleek counter, shelving, nail desks, beauty beds ensuring a luxurious experience for all clients.
Situated directly above the salon, the holiday letting offers a convenient and comfortable stay for visitors. The accommodation is well-equipped with modern amenities, including:
- Flat-screen TVs
- Comfortable sofas and beds
- Fully equipped kitchen with a cookers, fridge, and microwave
- Stylish dining furniture
- External furniture for outdoor relaxation
The business has significant potential for growth. Increased marketing strategies, both online and offline, could raise awareness and attract more clients and holidaymakers. Expanding the salon's hours of operation would cater to a broader clientele, including those seeking evening appointments. Hiring additional staff or specialists can diversify the service offerings and reduce wait times, enhancing customer satisfaction and retention. Another lucrative avenue is renting out space within the salon to independent beauty practitioners, creating additional revenue streams without the needs for substantial investment.
This salon, coupled with the holiday letting business, offers a fantastic opportunity for an investor or entrepreneur. With a strong existing customer base, confirmed bookings, and multiple avenues for growth, it stands as a robust and versatile business venture. The excellent location near Newquay's beachfront and ample parking further enhance its appeal, ensuring continued success and profitability.
Location
This dual opportunity is ideally located just 300 meters from the picturesque beachfront, ensuring high footfall and visibility. The proximity to the beach, couple with ample parking nearby, makes this an attractive investment for potential buyers.
Premises
Beach Shack Hair and Beauty features a fully equipped modern open-plan service area, 2 additional beauty rooms, complete with a kitchen, storage area, and WC.
Pads Newquay occupying the first floor and second floor boasting three bedrooms, contemporary decor, a kitchen, shower room, a lounge with stunning sea views and a terrace at the rear.
Tenure
This opportunity is being sold on a Leasehold basis with a new lease to be made available.
The landlord is open to change of use for the premises.
The current rent is £24,000 per annum.
Hours
The current trading hours are varied to suit the self employed staff.
Staff
The businesses are run and managed by our clients.
Financial Profile
The Pad generated a turnover of £59,000 & The salon generated a turnover of £54,000. Full financials can be made available upon further request.
The Vendor will consider OIRO £89,995.
Contact Agent
Listing Statistics
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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. 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.
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