8898CV COVENTRY FREEHOLD: £275,000 ELECTROLYSIS & BEAUTY SALON WITH SUNBEDS
Asking Price: GBP
275000
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| Description: |
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Advent Business Sales are delighted to offer
for sale this extremely well established
freehold electrolysis and beauty salon with
sun beds.
The business has been in the hands of the
current owner for two decades, during which
time she has developed the electrolysis and
beauty side. Prior to this the premises had a
boutique and sun bed tanning business.She
has now decided to sell due to imminent
retirement plans.
The quality establishment provides the
following services:
• Electrolysis and advanced
electrolysis
• Waxing
• Massages
• Slimming treatments
• Deluxe facials
• High frequency facials
• Manicures and pedicures
• Galvanic facials
• Fruit acid facials
• Paraffin wax treatments
• Holistic treatments
• Steam baths
• Threading
• Skin tag removal
• Red vein removal
• Body wraps
• Indian head massage
• Nail art
• Acrylic nails – a table is let out on
2/3 days per week at a rent of £25
per day
The owner has acquired a superb local
reputation and is extremely busy.
This freehold business has the benefit of a
full refurbishment, a high level of equipment,
a manager’s second floor flat, the owners
first floor living accommodation, as well as a
garden with a sun lounge, a double garage
and rear secure access.
In our opinion, the value comprises of:
1. Goodwill @ £2,000 per week -
£50,000
2. Ground floor commercial freehold -
£105,000
3. Second floor freehold accommodation
- £25,000
4. First floor living accommodation -
£50,000
5. Equipment - £95,000
Total: £325,000
STAFF DETAILS
The owner, 1 full time and 1 part time
employee staff the business, at present.
TRADING HOURS
Mon-Sat 9.00am – 6.00pm
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Weekly sales: £2,000
Gross Profit: 90%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESBUSINESS PREMISES
The large mid terraced 3 storey property,
briefly comprises of:
Ground Floor
Double fronted shop windows
Entire floor has been tiled with
white marble
One oxyjet machine – value £11,000
Two vertical sunbeds – value
£22,000
Horizontal sunbed – value £22,000
California tan spray booth – Value
£17,000
Scandasol slender tone machine –
value £6,000
Two computerised electrolysis
machines – value £2,400
Two older spare electrolysis
machines – value £1,600
Non needle electrolysis machine –
value £4,000
Two G5’s – value £2,000
Two steam baths – value £1,600
Galvanic machine – value £1,000
Manual spray tan machine – value
£1,000
Hi frequency machine – value £400
Six beauty couches – value £600
Trolleys with magnifying lamps –
value £600
Three pedicure stations – value
£750
Six waxpots – value £240
Manicure table
Body wrap equipment
Plus all accessories
Total approx value £94,190
The premises have been entirely
refurbished
First Floor
Comfortable modern lounge
Kitchen/diner
Fully tiled toilet and shower
1 double bedroom
Second Floor
Loft conversion managers 1 bed flat
with separate wc/shower and wash
basin
Separate fire escape
External
Rear 100’ garden
Sun lounge
Double garage
Rear access alley has benefit of
secure metal gates
TENURE: Freehold
Businesses of this quality are rare to find –
we highly recommend on early viewing to
appreciate the quality, size and scale.
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office. |
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| Financial Information: |
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| Annual gross sales: (GBP) |
N/A |
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Yearly Revenue: (GBP)
Total yearly sales revenue |
N/A |
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Net Profit: (GBP)
Total profit before taxes |
N/A |
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| General Information: |
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| Business Area: |
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| Year Established: |
2000 |
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Is Relocatable?:
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No |
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| Business closed or an asset sale : |
No |
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| Is Home based business?: |
No |
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| Real estate status: |
Yes |
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| Number of Employees: |
1 full time and 1 part time |
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| No of trading hours: |
Mon-Sat 9.00am – 6.00pm |
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Reasons for selling:
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decided to sell due to imminent retirement plans. |
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