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Beautifully Presented Beauty Salon In Fantastic Location For Sale

Edinburgh, Edinburgh City
Asking Price:
£39,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£100K - £200K
Net Profit:
Available on request

This beautifully presented beauty salon has been established for over 15 years and is proud of its excellent reputation. The owner is reluctantly selling to focus on raising her young family.

Business at a glance:

Turnover between £100,000 and £200,000
Leasehold rent £11,500 per annum
3 treatment rooms (one with shower)
Staff room/kitchen, stock room, WC
3,000+ client database
Website and app with online booking facility
Active social media accounts
3 experienced beauty therapists (including owner)
Rental potential from individual room rental (currently partly active)
Extra revenue potential from opening longer hours
Flexible handover period with current owner
A quick sale would ensure minimum disruption to this solid client base
Included in the sale are
- Salon IRIS online booking system
- Client app with access to offers, loyalties system, galleries etc
- Substantial client database
- Social Media pages
- All equipment valued at 10k
- All stock valued at 7k
- Benefits from 100% rates relief

Situated in an affluent part of Edinburgh on a main bus route to the city, this well known salon benefits from a large footfall and passing trade due to its excellent location.

The salon boasts a 3,000 client database, salon app with online booking function, loyalty scheme and push notifications for specific offers and promotions, a website also with online booking and a very successful Facebook and Instagram page.

The salon has a large double front window which is excellent for showcasing products and treatments as well as being great for seasonal promotions. This makes the large reception and retail area very bright and welcoming.

It also has 3 spacious treatment rooms, a staff room/kitchen and stock room with a chub safe.
one of the treatment rooms has a shower and there is a WC. Designed with feng shui in mind this salon has great energy.

We offer a full range of services including facials, nail treatments, spray tanning, waxing, massage and body wraps.
We also a run fortnightly specialist clinic for IPL.

Working in the salon are 3 full time experienced therapists (one being the owner).
Extra revenue could easily be achieved by opening for longer hours (evenings are always fully booked!) and employing more staff.
Further revenue potential could be realised with the rental of treatment rooms. At the moment one room is rented fortnightly on a Monday when the salon is closed. There are still 2 rooms free then and 3 rooms free biweekly. The salon is completely available every Sunday.

Salon opening hours are ..
Tuesday and Friday 9am - 6pm
Wednesday and Thursday 11am - 8pm
Saturday 9am - 4pm

The owner is happy to agree to a handover period to ensure a smooth transition of the business.

Property information

Property:
Leasehold

Lease Terms:
The current lease runs until 2022 but the landlord would like a long term tenant.

Leasehold Rent:
£11,500 per annum

Premises Details:
large premises with large light reception area, 3 treatment rooms plus store room, stock room and WC

Expansion Potential:
The business turnover can be easily increased by employing more staff, opening for longer hours, more days or sub letting space to self employed specialists/Therapists when the salon is closed.

Reasons for selling:
The owner has young children and increased family commitments.

Trading hours:
Tuesday & Friday 9-6pm
Wednesday & Thursday 11-8pm
Saturday 9-4pm

Employees:
3 employees of the business including the owner
Years established: 15
Other Information

Support & training:
The owner is willing to offer a handover period for a smooth transition.

Furniture / Fixtures value:
£10,000 - included in the asking price
Inventory / Stock value:
£7,000 - included in the asking price
Relocatable:
This business can be relocated.

Property information

Property:

Leasehold

Lease Terms:

The current lease runs until 2022 but the landlord would like a long term tenant.

Leasehold Rent:

£11,500 per annum

Premises Details:

Large premises with large light reception area, 3 treatment rooms plus store room, stock room and WC

Business Operation

Expansion Potential:

The business turnover can be easily increased by employing more staff, opening for longer hours, more days or sub letting space to self employed specialists/Therapists when the salon is closed.

Reasons for selling:

The owner has young children and increased family commitments.

Trading hours:

Tuesday & Friday 9-6pm
Wednesday & Thursday 11-8pm
Saturday 9-4pm

Employees:
3 employees of the business including the owner
Years established:
15

Other Information

Support & training:

The owner is willing to offer a handover period for a smooth transition.

Furniture / Fixtures value:
£4,000 - included in the asking price
Inventory / Stock value:
£7,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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