Fashionable Beauty Salon in Mansfield - QUICK SALE REQUIRED!!

Mansfield, Nottinghamshire
REF: S05709

Asking Price:
£30,000
Annual Turnover:
£75,000
Annual Net Profit:
£20,000
Reduced
Recently Sold
REF: S05709
Photo of Fashionable Beauty Salon in Mansfield - QUICK SALE REQUIRED!!
Photo of Fashionable Beauty Salon in Mansfield - QUICK SALE REQUIRED!!
Photo of Fashionable Beauty Salon in Mansfield - QUICK SALE REQUIRED!!
Photo of Fashionable Beauty Salon in Mansfield - QUICK SALE REQUIRED!!

Overview

Tenure:
Leasehold
Established:
2016
  • Wide range of beauty services
  • All fixtures and fittings included - 2011 Peugot Partner Van with signage can be negotiated
  • High footfall location
  • Excellent profit margins
  • Vast scope for growth

A brilliant opportunity for an interested and dedicated buyer to acquire a traditional and expandable beauty salon situated in Nottingham now presents itself to the market.

Established in 2015, the business has been providing high quality beauty treatments to the local community and passing trade for over two years, garnering an unrivalled reputation in the process.

A new owner is now able to take full advantage of the salon’s stable platform for continued growth, including its prime location, fully fitted premises and minimal overheads.

The business operates as a traditional and friendly local beauty salon which offers an extensive range of beauty treatments, inclusive of but not limited to nail treatments, massages, facials and tanning. Attentive and knowledgeable staff tailor treatments to suit the requirements and preferences of each individual client, ensuring they return to the salon for a personalised service.

Operations run smoothly from a double fronted terraced property. Upon entering, clients immediately step onto the salon floor which accommodates two nail bars. Three purpose built beauty rooms are located to the other side, with two possessing a sunbed, each only two years old. The other room is utilised as a massage room complete with massage bed. A customer serving counter is located to the rear of the salon floor, whilst beyond this, an additional area exists for a stand up tanning machine, with ample space to add hairdressing units. A small staff room and storage room is situated on the first floor.

Its Facebook page possesses a five star rating, with 644 likes and plenty of positive reviews.

Intelligent Business Transfer are pleased to present to the market this fantastic opportunity to purchase a fashionable beauty salon which has amassed a loyal customer base and possesses huge potential for growth. A new owner is now able to take advantage of the business's quality premises, well-equipped with three beauty rooms and two sunbeds in brilliant condition.

The business’s loyal customer base and skilled staff, as well as its location in a fashionable area of town have all contributed largely to the business’s success, enabling it to generate a high annual turnover of approximately £75,000.

Suited to a current salon owner looking to grow through acquisition, or a completely new investor with a strong interest in beauty treatments, a new owner could take steps to enhance the business. Increasing advertising through establishing a professional and interactive website, with the option to book appointments online, would help to grow its exposure, as would marketing through different social media platforms. Extending opening hours past 3pm on weekdays and 12pm on Saturdays would again accommodate a larger clientele and help to increase takings. There is also potential to incorporate hair styling in the salon, as space for two hairstyling units exists.

The current owner, who is willing to stay on for a transitional period to assist the new owner initially, has tasked Intelligent Business Transfer with finding a suitable buyer.

Location

Property

Annual Rent
£4,800
Annual Rates
TBC
Lease Term (Years)
3
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

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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