Top Quality Skin And Treatment Clinic For Sale

Business description

Operated for over seven years and opened by the current Owner following a wide ranging career in the beauty industry, this is a very well managed and successful beauty salon, firmly positioned in the mid to upper end of the market. It has established itself as a firm favourite amongst the affluent professionals and high net worth individuals that are abundant in and around the location in which this salon is situated.

Positioned in an excellent retail location of this busy Hampshire town and with a very active e-commerce retail site, this business, which positions itself as a Skin and Treatment Clinic, offers up to date, effective and relaxing treatments tailored to the individual needs of men and women. This business offers all of the standard treatments including Facials – Micro-dermabrasion, Omnilux – red and blue photo therapy, a wide range of Peels etc; Body Treatments including MD Formulations, Ionithermie, Dr Murad and massages alongside a wide range of Beauty Treatments including an exclusive range of Special Packages ideal for gifting or just right for that special occasion. There are even make-over lessons on offer and a wide range of packages for the ‘bride to be’.

It is perhaps for its specialized, hi-tech treatments however where this business clearly differentiates itself. It offers a camera skin analysis and a full consultation to every Client to ascertain specific areas of concern. Weekly clinics are available for Botox and Fillers undertaken by a Registered Aesthetic Nurse alongside permanent make up treatments for eyeliner, eyebrows and lip liner. The business also offers professional teeth whitening and Natura-Sun Airbrush Tanning. Other weekly clinics include Acupuncture for the face and body as well as Sports massage. Products used within the salon have also been carefully chosen to match the top quality treatments on offer.

This business operates from very well suited premises decorated to a very high standard, promoting a very inviting, relaxing and comfortable atmosphere. Five warm, inviting treatment rooms and a Consultation Room are all professionally fitted with the finest equipment. The staff - a part time receptionist and three full-time therapists including the Owner of the business are equally impressive, with the therapists, very well trained and highly qualified to deliver the treatments on offer.

This salon has an extensive base of 1500 loyal, regularly active Clients, all drawn by the highly personal and attentive service they receive. The very highest levels of customer service leave Clients safe in the knowledge they are in expert hands and have experienced the ultimate in beauty therapy.

With turnover for the financial year ending October 2008 of £156,000 – generating a gross profit of almost £60,000 together with stock and equipment conservatively estimated to be worth in the region of £36,000 this represents an excellent opportunity to acquire a high-tech, quality skin and treatment clinic with a large, loyal, affluent, repeat Client base and significant potential for future growth.

Key strengths:

This is an award winning salon. In the past it has been Regional Salon of the Year for the South East including London, has achieved Salon of Excellence status for a number of years during its operation as well as having been a Runner Up in the Best Skincare Salon category whilst one of its employees has won a Therapist of the Year title.

Located in a very good, prominent location with relatively low overheads – this business is easily accessible by the high volumes of affluent professionals that are abundant in this town and the surrounding area.

Whilst there are other salons in the town none of them are remotely comparable to this business. The interior of the premises which were purpose designed when this business moved in are furbished to a very high standard. The range of services and technology is also at a standard well above anything on offer elsewhere. And whilst the treatments by their very nature command premium prices, this business is considered to offer extremely good value for money especially when compared to London based clinics which are also within easy reach of many of the customers of this salon.

This business has a very experienced, highly trained, longstanding team with extensive knowledge of the treatments available, delivering the range of services on offer to a very high standard, whilst utilizing the highest quality products available. As a result the business is also very successful at selling retail products – with approximately 50% of turnover arising through this channel in the financial year ending October 2008.

Key opportunities:

There is an outstanding opportunity to build on the existing services and customer base of this company. With a strong demand for its products and services combined with a capacity to increase turnover, a new owner contributing fresh ideas and investment in resources will have every advantage of building on an excellent platform.

Positioned as a Skin and Treatment clinic offering the most technologically advanced treatments and products carefully chosen for their quality and effectiveness, there is scope to increase the range of services on offer with investment in additional equipment – laser hair removal, for example.

More aggressive marketing of the services and the retail products at the point of sale could also significantly impact on the turnover and profitability of the salon. And with its excellent set-up and the skin analysis system it has in place in particular, the Owner of this business believes it is an ideal starting module for a regional or national chain of outlets and even the possibilities of franchising.

Financial information:

The business is offered for sale as a going concern. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover for the financial year ending October 2008 was £156,400 generating gross profits of £57,700.

The Asking Price of £140,000 is for a sale of the assets and goodwill in the business which includes equipment conservatively valued at around £26,000 and stock of approximately £10,000.

Property information

Property:

Leasehold

Lease terms:

The premises are leased with four years remaining. Rent is £15,500 per annum. Rates are £5,340 per annum.

Location:

The business operates from very well appointed premises in a prominent location on the main thoroughfare into the town. Furbished to a very high standard, the Ground Floor premises comprise a Reception/Retail area, five treatment rooms and a Consultation room, Tanning room, Shower and WC/Washroom and Staffroom. There are three additional outbuildings housing washing machines.

The premises are leased with four years remaining. Rent is £15,500 per annum. Rates are £5,340 per annum.

There is ample street parking available to the front of the shop.

Other information

Competition / Market:

In a prominent retail position and having been established in the area for a number of years, this business has little need of any heavy investment in advertising or marketing. It has a strong brand and benefits from high levels of awareness as a result of the current Owner’s previous PR efforts through writing articles in the local press. The business operates an e-mail based loyalty scheme and aside from a small entry in the local Yellow Pages, the business has a very well designed, informative and easy to navigate website which performs very well in all the major search engines for all appropriate search topics. It also participates in events organised by the local Town Centre Management company – often tied in to key trading dates in the year. Most new business however is generated from Client referrals and word of mouth recommendations, bearing strong testimony to the business’s excellent reputation.

Support & training:

The current Owner will provide full training and ongoing support, as required, on all aspects of the business to ensure a smooth transfer to new Owners.

Reasons for selling:

The current Owner is considering re-locating. With a number of other business interests to pursue the time is right to pass the business on to new owners to build on the excellent foundations already laid.

Trading hours:

The salon is currently open:

Monday: 10.00 am – 5.00 pm
Tuesday: 10.00 pm – 7.00 pm
Wednesday: 10.00 am – 8.00 pm
Thursday: 10.00 pm – 8.00 pm
Friday: 10.00 am – 7.00 pm
Saturday: 9.00 am – 4.00 pm