Growing Beauty Salon in Preston

Preston, Lancashire
REF: 04017

Asking Price:
£40,000
Annual Turnover:
£138,000
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: 04017
Photo of Growing Beauty Salon in Preston
Photo of Growing Beauty Salon in Preston
Photo of Growing Beauty Salon in Preston
Photo of Growing Beauty Salon in Preston

Overview

Tenure:
Leasehold
Established:
2002
  • Extensive range of services
  • High yearly takings
  • Loyal customer base
  • Excellent online website
  • Huge growth potential

This is a popular, well-operated business which since its inception fifteen years ago, has continually provided professional beauty care services to the local inhabitants of Preston. Offering an assortment of high quality treatments, the salon has amassed a stellar reputation and has gained a large customer base through maintaining high levels of service. With low overheads and consistent year round trade, the business generates high annual turnover and is primed for additional expansion.

This is a multi-functional salon offering a comprehensive range of services which include: tanning, facials, waxing, non-surgical face lifts, massages, eyebrows/eyelashes, microdermabrasion, bridal make-up, pampering packages and much more. Competitively priced, the salon also offers male treatments and through offering a professional, reliable and friendly service, has amassed a loyal customer base.

The salon also makes use of high-end, approved product brands such as Decleor, Silhouette and Jane Iredale. It functions from a sizeable two-storey building which features an attractive double-fronted exterior, with numerous parking spaces outside the entrance. Internally, the lower floor is comprised of a main reception area and a treatment room. The upper level floor features an additional four treatment rooms which offer a vast amount of space.

It is well fitted and decorated throughout. Trading consistently all year round, the business has grown organically through word of mouth recommendations as well as via its online presence. It manages a modern website which details its services and offers and provides links to its social media profiles. It is present on Facebook, Twitter and Instagram, which aid advertising.

Intelligent Business Transfer are pleased to bring to the market this highly desirable and thriving beauty salon, favoured by its local inhabitants for its excellent quality customer service and expert treatments. Established in 2002, the salon has grown year on year and has set firm foundations, successfully generating high annual turnover in excess of £138,000.

This is an ideal platform for a qualified beautician and will make an excellent bolt-on purchase for an existing business looking to manage a salon in this geographical location.

There exist a number of growth opportunities. A new owner could look to extend opening hours to effectively cater for more customers on a weekly basis. Expanding the workforce would also enable the salon to handle a larger workload and it could look to offer a mobile treatment service to customers’ houses, to generate further income.

Offering more customer loyalty schemes and discounts would guarantee further patronage and the salon could draw in more customers. Expanding the services would also be beneficial and it could look to add hairdressing/cutting to the service offering. New residential areas are currently being built near this business which will provide surplus amount of new clientele.

Implementing an online booking system on the website would enable customers to make appointments efficiently and it could advertise more on social media to increase exposure to its services. Intelligent Business Transfer have been tasked with finding a new buyer.

Features

Online Presence

Website: www.karmabeauty.net

Location

Property

Annual Rent
£10,800
Annual Rates
TBC
Lease Term (Years)
7 years
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating

Financial & More

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

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