Innovative Beauty Salon with Modern Refurbished Premises in Lincolnshire

Stamford, Lincolnshire
REF: S07904

Asking Price:
£35,000
Annual Turnover:
£78,130
Annual Net Profit:
£20,000
Featured
Reduced
REF: S07904
Photo of Innovative Beauty Salon with Modern Refurbished Premises in Lincolnshire
Photo of Innovative Beauty Salon with Modern Refurbished Premises in Lincolnshire
Photo of Innovative Beauty Salon with Modern Refurbished Premises in Lincolnshire
Photo of Innovative Beauty Salon with Modern Refurbished Premises in Lincolnshire

Overview

Tenure:
Leasehold
Established:
2013
  • Excellent reputation with a loyal client base
  • Huge growth opportunity
  • Spacious, well-equipped premises with equipment included in sale
  • Low overheads
  • Wide variety of treatments

This is an exciting opportunity to purchase an innovative beauty salon in Stamford, Lincolnshire. Purely You offers a full range of body and beauty treatments, including massage, tanning, spa facials, manicures, pedicures, waxing, and eye treatments such as eyelash extensions, making the salon a one-stop destination for all pampering needs.

The business has an outstanding reputation amongst its returning customer base, a local favourite beauty spot due to the warm, relaxing welcome given by the staff and the brilliant results achieved with every treatment.

The salon has a strong digital presence, with popular social media channels and receiving many hits on Google. It also runs a loyalty scheme via the Phorest software, providing regular updates and offers to clients.

The salon has recently invested in a major refurbishment of its premises, featuring a contemporary design with premium fixtures and fittings. Additionally, the business has 2 car parking spaces, an amenity which is incredibly hard to find in Stamford. The premises' lease is due to expire in December 2021 but the landlord has confirmed they are happy to extend this according to the new owner's needs and preferences.

Purely You benefits from a prime location on Stamford’s high street, a town in Lincolnshire. The salon’s small frontage reflects the business’s sleek branding, with sleek grey and white signage. The doorway opens to a staircase which leads upstairs to the salon itself, a space which is decorated and presented to an impeccable standard. After being welcomed at the reception desk, clients are taken to their treatment in either the manicure/pedicure area or one of the 3 treatment rooms available. A utility room with washer and dryer is also found in the salon, as well as a W/C and staff kitchen.

The business has a good digital presence, including a well-designed and informative website with details on its services and pricing. Additionally, the company has over 2,000 followers across its Facebook, Instagram and Twitter pages.

A superb collection of equipment is included in the asking price. Unfortunately, however, a transitional period is not available with this sale.

The ideal buyer for Purely You is a qualified and experienced beautician who is now looking to run their own successful enterprise. With a busy town centre location which affords a great level of visibility for the salon, a loyal customer base, and gorgeous premises with very recent refurbishment, the buyer will be in an excellent position to propel their career to the next level.

The new owner will be able to build upon Purely You’s success further. For example, the salons is currently open 5 days a week and so expanding to trading 7 days a week will increase the business's operating capacity and potentially boost its financial profile. The salon posts a daily, engaging schedule of content across its social media channels when it is allowed to open outside of Covid-19 restrictions, and so it will be important to continue this strategy when the lockdown restrictions lift and beauty treatments are permitted.

Features

Online Presence

Location

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  • Town centre location
  • High street location
  • Close to local businesses
  • High footfall
  • Good transport links
  • Nearby car parking

Property

Annual Rent
£7,100
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
D 76-100

Financial & More

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