Lucrative Beauty Salon based in Hampshire * Open to Offers *

Eastleigh, Hampshire
REF: S07017

Asking Price:
£20,000
Annual Turnover:
£64,820
Annual Net Profit:
£32,660
Reduced
REF: S07017
Photo of Lucrative Beauty Salon based in Hampshire * Open to Offers *
Photo of Lucrative Beauty Salon based in Hampshire * Open to Offers *
Photo of Lucrative Beauty Salon based in Hampshire * Open to Offers *
Photo of Lucrative Beauty Salon based in Hampshire * Open to Offers *

Overview

Tenure:
Leasehold
Established:
2007
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Well Equipped Business
  • Wide Variety of Products & Services

New to the market is a thriving beauty salon, with a sterling reputation in an affluent location. The salon combines excellent customer care and attention to detail to ensure they maintain professionally recognised standards within the beauty industry.

Established in 2007, the salon provides an extensive range of treatments. From facials to waxing to brows, highly skilled and qualified staff are on hand to create a unique experience for customers. With over 50 years of experience, between the owner and her staff, they have generated a loyal following and database of regular clients with an outstanding 99% record of repeat bookings.

Named Eastleigh’s ‘hidden gem’, the business is renowned for delivering the best quality treatments and professional service. Due to its constant recommendations it has now also become a ‘Destination Salon’ for those clients who are willing to travel and who want a superior quality treatment.

Customers face bold, professional signage above a single glass fronted, terraced property that shows a vast display of treatments, products and offers. Inside, staff welcome guests at a reception area with a wooden fronted reception desk and storage cupboard. This leads to two treatment rooms; ’Serenity’ and ‘Tranquillity’. Both cater for face and body treatments with 'Tranquillity' having a shower facility plus two storage cupboards. Additionally, there is a ‘Powder Room’ and kitchen area.

The salon has its own website, domain name, Facebook and Instagram pages which regularly update followers on perks, such as 10% off for new clients. Gift vouchers, bespoke packages, and a discounted referral scheme are available. The appointment card doubles up as a Loyalty Card, giving clients a 10% discount after 10 visits to use at any time (against treatments only).

All equipment and stock are included in the sale.

This is a prime opportunity to purchase a healthy business in a growing industry, already operating with an 80% profit margin. Ideally, this business would suit someone experienced in the field, passionate about beauty and willing to invest in a lucrative salon with a solid business infrastructure

No1 Beauty Studio specialises in ‘Holistic’ treatments. It is now ready to be taken to the next level by a new owner. There is room for development into any of the clinical or Aesthetic industries, not only by its physical room set-up, but also with its existing cliental, to boost its reputation and the income. The teaching school, ‘No1 School of Beauty’ , is still being established and will be an excellent added venture and source of income and expansion to the business.

The seller is also offering:

• FOC Transition Period
• FOC After Sale Consultancy
• FOC Weekly Teaching Sessions to members of Staff for 6 months

Features

Online Presence

Location

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  • City Centre Location
  • High Footfall
  • Good Transport Links
  • Residential Location

Property

Annual Rent
£6,900
Annual Rates
TBC
Lease Term (Years)
6
Lease Expiry (Years)
TBC
Accommodation Included
No
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
XXXX
Current Ownership
XXXX

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