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Luxury Nail Boutiqe In Glasgow For Sale

Glasgow, Glasgow City, UK
Asking Price:
£90,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£50K - £100K
Net Profit:
Under £50K

Nails Boutique in Glasgow presents a remarkable opportunity to acquire a meticulously presented boutique with name rights and an outstanding reputation in the area. With over 600 clients already serviced, this luxury nail salon has received excellent online ratings and reviews.

Distinguished from typical nail salons, Nails Boutique in Glasgow prides itself on maintaining the highest standards of hygiene and cleanliness. The salon utilizes an ultrasonic cleaner and autoclave for sterilization. Its prime location just off Charing Cross Station and within walking distance of the vibrant West End area of Glasgow presents great potential for walk-in clients.

In addition to the nail room, the premises include a rented beauty room that generates half of the rent on its own. There is also an academy/beauty room that can be utilized by freelancers such as makeup artists and beauty therapists. With two toilets and a spacious kitchen featuring a sitting area for staff, the salon ensures a comfortable and relaxing environment. The salon has been refurbished to the highest standards, boasting an elegant French boutique look and new flooring throughout. The nail boutique area features a specially designed pedicure station with cozy chairs at the perfect working height, as well as a mains water connection for a luxurious spa experience.

Key selling points of this Nails Boutique in Glasgow include its prime location, strong presence on social media platforms such as Instagram, Facebook, and the Booksy app, and its own website with the potential to add an online store. The salon also offers the opportunity to add additional tables to accommodate more clients. Furthermore, the salon generates additional income from a currently rented room, bringing in £500 per month, with the potential to rent out another room for an estimated £650-£800 per month. The attic provides extra storage space. The salon is equipped with essential amenities, including an ultrasonic cleaner and autoclave for sterilization, a TV, a Siemens coffee machine, and a range of high-quality products used in the nail salon. Luxury chairs, dust collectors, e-files, lamps, and more are also included.

The tenure of this Nails Boutique in Glasgow is a 10-year lease with an option to review after 3 years, with an annual rent of £13,000. Additionally, the salon is exempt from business rates, offering further financial benefits.

Property Information

Property:

Leasehold

Lease Terms:

Innitial 10 years lease with option to review after 3 years.

Leasehold Rent:

£13,000 per annum

Location:

City Centre location just of Charing Cross Station and West End of Glasgow

Business Operation

Expansion Potential:

Potential to add more desks in main nail studio.
Rental income from second beauty room.
Possibility to add access to the water in second beauty room to boost rent potential.
Sale of products such as candles, oils, jewelery etc. in the salon can be expanded.

Reasons for selling:

Family reasons.

Other Information

Support & training:

Training and introduction to the way salon works can be provided by the owner.

Furniture / Fixtures value:
£25,000 - included in the asking price
Inventory / Stock value:
£1,000 - included in the asking price