Recently Refurbished Beauty Salon

Sutton-in-Ashfield, Nottinghamshire
REF: 01140

Asking Price:
£14,000
Annual Turnover:
£30,000
Annual Net Profit:
TBC
Recently Sold
REF: 01140
Photo of Recently Refurbished Beauty Salon
Photo of Recently Refurbished Beauty Salon
Photo of Recently Refurbished Beauty Salon
Photo of Recently Refurbished Beauty Salon

Overview

Tenure:
Leasehold
Established:
2010
  • Huge growth potential
  • Excellent Reputation
  • Spacious Premises
  • Equipment Included

This is a superb and rare opportunity to purchase one of Sutton-In-Ashfield’s most popular beauty salons. The recently refurbished beauty salon is perfectly equipped to accommodate both hair dressing and other beauty treatments. The business has experienced financial growth on a year by year basis despite its modest opening hours.

The business is located in a corner plot property which is visible from both Outram Street and Downing Street of Sutton-In-Ashfield. The beauty salon has a large glass frontage with the main door located centrally.
Inside the salon there is a counter situated in the left corner and space for three hairdressing units. There are also two small seating areas to accommodate for waiting customers and there is storage space which is out of view to customers. Despite all of this, there is a spacious feel throughout the salon.
There is also a corridor which accommodates the two beauty treatment rooms and the spray tanning room, which could also be used as another beauty treatment room. This layout allows for customer’s privacy and each beauty therapist their own room to work from. At the end of the corridor there is a bathroom for both staff and customers.

Intelligent Business Transfer are excited to offer to the market this very rare opportunity to purchase a beauty salon on a busy high street in Sutton-In-Ashfield. The business has recently been refurbished, showed signs of consistent growth and has recently benefited from the closure of nearby competitors.
Beauty Angels has been trading for three and a half years and within this time has gained a superb reputation whilst growing on a month-by-month basis. The business was originally a beauty salon but incorporated the hairdressing element of the business, due to the demand from their customer base. The business also stocks certain beauty products to sell to their customers.
The business has undergone significant renovation in recent times which has further increased their customer base. There is a relaxed atmosphere in the salon and the layout ensures privacy for those customers enjoying beauty treatments.
The business’s current weekly takings are approximately £600 per week despite limited opening hours and staff. There is scope to further increase this figure as there has recently been several similar businesses close in the area. The business currently has one member of staff and is struggling to cope with the demands of their customers. In 2012, the annual turnover was approximately £30,000 when there was an adequate number of staff.
There is potential to include a wide range of other beauty treatments to the salon and the business would also benefit from an increase in advertising to the local community.
The owner currently runs the business to suit her lifestyle needs and is now looking to pursue other interests. This business would suit an entrepreneur with the energy to drive the business forward and take advantage of the huge potential this business has to offer. We strongly advise early viewings to fully appreciate what is on offer.

Location

Property

Annual Rent
TBC
Annual Rates
TBC
Lease Term (Years)
TBC
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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