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CQ106 -Top quality beauty salon offering high technology treatments including freehold

Asking Price: GBP 195000
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Business Location: United Kingdom » Hampshire » Hampshire 
Category: Services » Beauty Salons, Barber Shops
Description:
Top quality beauty salon offering high technology treatments including freehold

Ref.CQ106
Location Hampshire
Asking Price £ 195,000
Opened just over five years ago, this is a very well managed and successful beauty salon, firmly positioned in the mid to upper end of the market and has established itself as a firm favourite amongst the affluent Clientele that are abundant in and around the location in which this salon is situated.

Positioned in a good retail location and benefiting from very high levels of awareness from healthy volumes of passing traffic, this business offers up to date, effective and relaxing treatments tailored to the individual needs of men and women. This business offers all of the standard treatments including CACI facial and body treatments, eye lash perming and tinting, electrolysis and waxing, tanning , manicures and pedicures as well as acrylic and gel nail treatments and artwork alongside other more ‘hit-tech’ treatments including non surgical face lifting, semi permanent make up including for eyeliner, eyebrows and lip liner and Botox. The business also offers the very high quality and prestige range of Guinot retail products.

Not the usual minimalistic, clinical, sterile concept often favoured for the décor of many beauty salons this business operates from very well suited premises – individually decorated to a very high standard, promoting a very inviting, relaxing and comfortable atmosphere. Four warm, inviting treatment rooms are professionally fitted with the finest equipment as is the tanning room which is equipped with a vertical sun bed – all supplemented with two nail bars located in the very spacious reception area. The staff - three full-time therapists are equally impressive, all very well trained and highly qualified to deliver the treatments on offer with the Owner/Manageress responsible and accountable for the day-to-day operation of the salon. .

This salon has an extensive base of loyal, satisfied, predominantly middle aged, repeat customers with high levels of disposable income. This regular Client base is boosted by significant numbers of holidaymakers that flock to the area throughout the year, all drawn by the highly personal and attentive service they receive, leaving the Client safe in the knowledge they are in expert hands and who leave the salon having experienced the ultimate in beauty therapy. Average transaction value excluding the sales of retail products is in the region of £30 - £50.

With a turnover of £97,000 – having been consistently at or around this level for a number of years, generating a gross profit in excess of £86,000 this represents an excellent opportunity to acquire a high quality freehold beauty salon with a large, loyal, affluent repeat Client base and significant potential for future growth.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 2000
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
No of trading hours: Tuesdays and Wednesdays: 9.30am – 6.00pm,Thursdays and Fridays: 10.00am – 7.00pm,Saturdays: 9.00am –
Reasons for selling:
Having established the business in the local marketplace the current Owner feels the time is right to pass on the business to new owners to build on the excellent foundations already laid.
Market competition and expansion:
Having established the business through extensive advertising and marketing during the launch phase, located in an excellent position this business invests little currently in awareness building advertising and marketing. It has a strong, local brand. Most new business is generated from the most cost effective form of marketing available - Client referrals and word of mouth recommendations, bearing strong testimony to the business’s excellent reputation.
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