BusinessHilton Smythe is delighted to introduce to the market Gossip Beauty Salon, located in Blackburn town centre.The business has been established for over 10 years and moved into this premises 1 year ago. Our client has fully refurbished the premises and is now looking to sell due to family commitments.
This Leasehold salon is very well known in the area with great support from the local community. Currently offering threading, waxing, eyelash and brow treatments, facials, microdermabrasion, massage, make up, hair and nails to name a few.Gossip Beauty Salon is an exclusive stockist of Elemis products, these products are very popular across the country, as well as Chelsea Boutique products. The business also has a contract with a nursing home nearby, which has increased from once a month to once a fortnight.
The premises is beautifully presented with stylish décor with a good level of modern day equipment to suit the trade. The salon has lots of word of mouth recommendations along with a loyal and regular client base. We are also advised the business has a client database, which will be included in the sale. The salon has not been run to its full potential, therefore, there is ample scope to improve the already thriving turnover, such as renting out more space, pushing advertising, leaflet drops, and creating marketing accounts such as Treatwell.
Early viewing of this long established and reputable business is highly recommended. Viewings are by appointment onlyLocationThe business is located on Lower Cockcroft, Blackburn centre.
The business is surrounded by a wealth of complimentary shops and businesses benefitting from a high volume of footfall and passing trade.The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.
The area is currently being upgraded by the council, with a large cinema being built nearby, which will attract even more footfall.
The area is also well served by the A-roads, the salon is on the A6078 is within easy driving distance of the business, which links to the M65 motorway networkPremisesDue to the location the shop has a high volume of footfall. There are lots of pay and display carparks nearby Ground floorReception area with seating, hair station and reception desk2 separate treatment rooms with beauty beds and bespoke lighting, creating a warm and cosy atmosphereWCFirst floorConsultation lounge with massage chair, coffee station, storage and 2 separate beauty rooms with massage beds The salon is fully equipped to suit the trade. The sale includesMassage chairDressers and chairsNail product storage shelvingNail desksReception area furnitureMirrorsWall art4 Massage bedsThe premises is up to date with fire and safety regulations, and is fully alarmed.TenureWe are advised the premises is leasehold with 4 years remaining on the current lease with an option to extend to 9 yearsThe annual rent is £11,000
The business further benefits from being rates exempt.HoursMonday 09.30am – 2.30pmTuesday 09.30am – 6.30pmWednesday 09.30am – 6.30pmThursday 10.00am – 8.00pmFriday 10.00am – 8.00pmSaturday 10.00am – 5.00pm
Owner ran with 1 staff member, 2 space renting tenants and an Aesthetics Nurse once a month on a commission split agreement with the current owner.Financial Profile
The Business reports a turnover of around £75,000 (Including space rental).