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Well Established Beauty Salon In Wednesfield For Sale

Wednesfield, West Midlands, UK
Asking Price:
£38,000 Furniture / Fixtures included
Turnover:
£100K - £200K
Net Profit:
Under £50K

We would like to introduce to the market, this popular beauty salon, which was founded in 2010 and has been in our clients hands ever since.

It is very well known in the area, benefiting from a high amount of repeat business. It currently has over 2000+ clients on Facebook/Instagram and Instagram, and its followers are increasing month by month.

The studio is very well presented, with good décor and superb lighting, and offers all equipment associated with the business included in the price .With professional guidance from the owner, it certainly makes any investment very worthwhile, with assistance to hand if required.

We believe the business has huge potential to increase turnover. Further savings / increased profits will be indicated by the owner to any prospective purchaser at the time of negotiations. We highly recommend early viewing of this turnkey business with potential for future growth, with our client willing to offer a one-month period of background support to the new owner if required.

The salon operates from a spacious studio with 3 separate rooms for Beauty treatments, one spray room and 3 nail stations c/w (with kitchen and WC facilities plus street parking to side)

We are advised Leasehold; a new lease has been assured for a new tenant.

Very low rent with no business rates!

Business hours: 5 days; – latest day being 9–7 p.m.; closed Monday and Sunday

The business is part owner run and complemented by 1 full time staff member, 1 part time staff member, and one trainee, however, to maximise profits, this business needs ideally to be fully owner-run..

The business has plenty of potential to embrace other beauty treatments, such as aesthetic treatments, and would ideally suit a beauty therapist.

Genuine reason for sale...

A full profile is available once a confidentiality & non-disclosure agreement has been signed. All arrangements to view are strictly by an appointment.

All the above information is provided by the seller.

Note: Library images may have been used for display purposes

Property Information

Property:

Leasehold

Lease Terms:

new lease for 5 years

Leasehold Rent:

£11,400 per annum

Location:

Corner location within a parade of other complementary Businesses .

Premises Details:

Bright ,spacious reception trading area with all the usual facilities you would expect from a well run business .

Business Operation

Expansion Potential:

The business has plenty of potential to embrace other Beauty treatments such as Aesthetic treatments and would ideally suit a Beauty Therapist.

Reasons for selling:

Family issues

Trading hours:

Business hours 5 days – latest day being 9-7pm closed Monday and Sunday

Employees:
3 plus owner
Years established:
13

Other Information

Support & training:

Handover period is guaranteed