Beauty Salons for sale in Consett

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Beauty & Holistic Salon In County Durham

Consett, Durham, England

  • Leasehold Price: £150,000
  • Annual Turnover: £280,748
  • Annual Gross Profit: £236,126
Seller Reference: 6440
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Business Description
 
 
 
 
 
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Seller Reference: 6440
Request Details
Business Description
Situated In Town Centre
Latest Accounts To 31st October 2018
Annual Turnover £280,748
Gross Profit £236,126
Accounts Available After Viewing
Large & Loyal Customer Base
Scope To Trade Sundays
Well Linked with B6278 and A694
Excellent Reputation
EPC - C
6440 Beauty and holistic salon

Blacks Brokers are pleased to bring to the market this leasehold beauty and holistic salon in the much sought after area of Consett, Durham.

INTRODUCTION

Imago Beauty and Holistics Ltd started off in one room in a hairdressing salon and, over the years has grown at an impressive rate. The salon enjoys an excellent reputation for top quality treatments and a high level of customer service. The business has a long standing and loyal customer base. The rate of new clients is on average 100 per month.

LOCATION

The salon is in a village location, 2.6 miles from Consett. Shotley Bridge is a historical village with a local reputation for being an affluent area. Consett used to be known for its Steel Works and there were fears that the area would suffer when it closed, however the building of several housing estates has brought an influx of families who commute to nearby Newcastle, Durham, Gateshead, Darlington and Sunderland for work. The area continues to thrive and there is current construction in the village itself for at lease 14 homes. The business is well linked with the B6278 and the A694.

REASON FOR SALE

This opportunity is available due our client’s other business interests creating this superb opportunity for a new owner.

LEASE

The building is available on a FRI (Full Repair and Insure) lease. A new lease may be negotiable with the landlord. The rent is £208 Per Week.

BUILDING LAYOUT AND DESIGN

The business occupies three stories. On entering the salon, there is a retail and reception area with a seating area and three nail bars. The next level, up two steps has another nail bar, three treatment rooms, a kitchenette and a toilet. A door leads to an internal courtyard. The second floor has two treatment rooms, a retail display area, a relaxation room, used for courses and for clients to relax pre and post treatments. There is space to host group pamper days. There is a pedicure room with two stations, a staff room/kitchen and an office. The premises are superbly fitted throughout and clean and professional in all areas. There are opportunities for expansion and renovation. A floor plan is available upon request.

STAFF

Our client runs the business full time, providing treatments and training for the staff. There are 2 apprentices, 9 full time staff and 7 freelance workers who provide acupuncture, Sports Injury Massage, Aesthetic Treatments, Podiatry, Sensitivity Testing, Make up Artist, Reiki Master/Coach/teacher.

FINANCIAL DETAILS

Imago Beauty and Holistics achieves an annual turnover of £280,748 with a gross profit of £236,126. Full financial information will be available after an initial viewing of the business.

BUSINESS RATES

The business benefits from small business rates relief.

SUMMARY

This leasehold business is in a superb trading position and is well-established with a large, loyal and repeat customer base. There is plenty of scope to develop the business further with longer opening hours, increasing the number of late nights. A strong marketing drive would also be beneficial. The proposition would ideally suit an owner operator able to push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Please Ask For Inventory.
Trading hours:
Mon - 10am -5pm
Tues - 10am - 8pm
Wed - 9am – 8pm
Thur - 10am- 8pm
Fri - 9am – 8pm
Sat - 9am – 5pm
Sun – Closed

Courses/workshops are planned by freelance workers on Sundays or after closing on Monday.
Tenure:
Leasehold
Location Details:
Consett
Leasehold Term:
£208 Per Week
Listed by:
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