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Highly Profitable Town Centre Beauty Salon For Sale

Farnham, Surrey
Asking Price:
£225,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£200K - £500K
Net Profit:
£100K - £250K

Established over 25 years with a huge client base. The Salon consists of two units connected internally by way of a double connecting opening. One side offers all relaxing Spa treatments with a relaxation room male and female changing areas and well appointed treatments rooms with showers. The other side of the salon offers all non relaxing treatments. We also have a nail bar area,large reception and retail area. The size of the salon offers massive growth potential. Very good turn over and net profit the potential buyer should realise the cost of the business in 3 years.

Property information

Property:

Leasehold

Lease Terms:

3 years remaining on the lease with an option to add a further 7 years to create a ten year lease

Leasehold Rent:

£22,000 per annum

Location:

Town centre

Premises Details:

High Street location large glass fronted premises

Business Operation

Expansion Potential:

There is no need to expand the square footage of this business. There is huge potential to grow the business as the current profit is based on the salon working well below its capacity.
A new town centre development has been approved we are located at the gateway to the new development this will greatly increase revenue.

Competition / Market:

The town has other salons but none of the size and quality of this one. We have relaxation rooms changing areas for men and women unlike other salons.

Reasons for selling:

Having been in the industry for over 20 years I would like to have a different focus and concentrate on my growing family.

Trading hours:

Monday-9-6 Tue 9-8 Wed 9-8 Thur 9-8 Fri 9-7 Sat 9-17.30

Employees:
7
Years established:
over 20 years

Other Information

Support & training:

The Salon uses premier spa software package with a full support program.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

We would consider an option for the buyer to pay back a agreed percentage of the sale price over a period of no more than 3 years

Furniture / Fixtures value:
£60,000 - included in the asking price
Inventory / Stock value:
£15,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

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