Business for Sale in Huntingdon

Huntingdon, Cambridgeshire
REF: S07859

Asking Price:
£20,000
Annual Turnover:
£36,022
Annual Net Profit:
TBC
Reduced
REF: S07859
Photo of Business for Sale in Huntingdon
Photo of Business for Sale in Huntingdon
Photo of Business for Sale in Huntingdon
Photo of Business for Sale in Huntingdon

Overview

Tenure:
Leasehold
Established:
2017
  • Excellent Reputation
  • Friendly & Professional Team
  • Low Overheads
  • Recently Refurbished

New to the market is a well-established hair and beauty salon located in a beautiful setting within Cambridgeshire.

The business is the only salon in the area to offer hair, beauty, and aesthetics treatments, making it a one-stop destination to satisfy all its clients’ hair and beauty needs. The endless list of services includes lash, brow, face, body, hand, and feet treatments, as well as hair services, chiropody, aesthetics, and cryolipolysis treatments such as fat freezing and laser liposuction.

Established in 2017, the salon quickly garnered a reputation for always keeping up to date with the latest trends and developments in the beauty industry, making them the port of call for experiencing the newest treatments. The business’s friendly team of experienced, professional staff are known for their warm welcome and always making customers feel happy and confident after their visit.

This is a fantastic opportunity to acquire a renowned salon in a wonderful location with no local competitors offering the same range of services. The landlady is happy to offer a new 6 year lease.

The salon is located on The Causeway, the main street running through the heart of Godmanchester, a wonderful market town just 20 minutes from Cambridge. The salon is next door to a tearoom and has a great view of the river and a steady flow of tourists from a nearby campsite.

Guests are welcomed at the reception desk to the left of the entrance which features product displays behind it. A waiting area is found just inside the door and 3 hair stations are straight in front. A walkway which can fit a wheelchair leads to a large beauty room on the right with a sink, bed, and clinic status. Past the beauty room are 2 hair wash basins and another 2 hair stations. A staff room here is used to store all products, as well as a washing machine and tumble dryer. A wheelchair-friendly W/C and a back door to the rear of the premises are also found in this area. A full inventory of equipment included in the sale is available upon request. Unfortunately, a transitional period is not available.

This is a brilliant opportunity for an existing operator in the hair and beauty industry to invest in their career by running a successful salon. With a gorgeous environment, a comprehensive range of services, and no local competition, this business offers the buyer everything they need to turbo charge their career. The salon would also be a highly attractive acquisition for a competitor who is looking to expand their operations.

The business offers plenty of scope for further growth which can be unlocked by hosting events across the salon’s diverse variety of hair and beauty treatments. The new owner could also extend the salon’s opening hours to increase overall capacity and implement an advertising campaign to increase further awareness of the salon’s fantastic services and entice new clients to visit. The buyer might be able to make physical changes or rearrangements to the salon, but these would need permission from the landlady.

Location

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  • Rural Location
  • High Street Location
  • Close to Local Businesses
  • Nearby Car Parking
  • Good Transport Links
  • Limited Competition

Property

Annual Rent
£15,000
Annual Rates
TBC
Lease Term (Years)
6
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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