Business Purchaser needs to be VAT registered for the purchase.
The owner is happy to offer a handover period.
Hilton Smythe is delighted to welcome to the market this well-established medical aesthetics clinic in Newark, Nottinghamshire.
The business was established by our client in 2000 and is only now being offered to the market due to our client’s other business interest. The business is currently operating at a pace to suit our client, who opens the business one day a week and by appointment only, generating a turnover in the region of £21,100 per annum, with a gross profit of approximately 80%.
Our client offers a wide variety of services including wrinkle relaxing, dermal fillers, chemical peels, teeth whitening, V-lift, veinwave, dermaroller, permanent make-up and make-up. The business has built up an enviable reputation within the area for the high quality of the services offered, which has resulted in very loyal client base with a high volume of repeat trade and word of mouth referrals.
We feel there is scope for a new owner to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to highlight the excellent services offered. The business already has an excellent and informative website in place at www.theadvancedbeautyclinic.co.uk.
This is an excellent opportunity for a new owner to take this already thriving and popular business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
Location The Advanced Beauty Clinic occupies first floor premises, ideally located within the town centre of Newark in Nottinghamshire. The business is surrounded by a wealth of complimentary shops and businesses and benefits from a very high volume of footfall and passing trade. The business further benefits from good car parking facilities within the area.
Newark is a market town in Nottinghamshire. The town stands on the River Trent and it grew around Newark Castle and boasts a large market place, lined with historic buildings. According to the 2007 census, the town had a residential population of 26,330. Newark is a popular place in which to live and work and is home to many people who commute to the city of Nottingham.
The area of the business is well served by the public transport system, with several bus stops being within easy driving distance of the property. Newark Castle railway station is approximately 10 minutes’ walk away. The area is also well served by the A-roads, with both the A617 and A46 being within easy driving distance, which link to the national A-road and motorway networks. Nottingham is approximately 19½ miles away and Lincoln is 18 miles away.
Premises First floor property briefly comprising:
Main shared access door with intercom secure entry system
Stairs leading to first floor
First floor beauty clinic with:
Desk with three chair
Work surface area
Display tables and units
Rear door leading to shared WC facilities
Display board with business names
Tenure We are advised Leasehold:
Rolling annual contract
Rent: £425 per month
Hours The business currently operates at a pace to suit our client, currently one day per week and by appointment only.
Staff The business is owner run and managed.
Financial Profile The business generates a turnover in the region of £21,100 per annum, with a gross profit of approximately 80%.