Hilton Smythe welcomes to the market Flawless Image Beauty Salon, which was established in 2012, our client is now looking to sell as they have other commitments.
Flawless Image is a mid to high end beauticians located in the heart of Ipswich which specialise in:
• Body scrubs, Wraps and infusions
• Holistic treatments
• Lashes and brows
• Luxury facials
• Make up and tanning
• Manicure and pedicure
• Permanent hair reduction
• CACI non-surgical solutions
• Spa facials
• Special treats and packages, in association with Salthouse Hotel.
Flawless Image has exclusive rights to use Temple Spa products, which are usually only available in spas and hotels.
Flawless also has an association with Saxby’s hairdressers, which is located next door, as both businesses pass clients to each other.
The company has a fantastic reputation and has many great reviews on line including 4.5*/5 Google reviews, 5* Yell reviews and 4.9*/5 Facebook reviews.
The business is also being sold with the website www.flawless-image.co.uk which we would advise any prospective purchaser to view to get a strong understanding of how the business works.
There is scope for development of the business by considering the following
• Utilising the space for more staff
• Considering opening longer hours
• Consider hairdressing, subject to landlord approval
There are many reasons to buy Flawless Image including
• Strong customer base with disposable income
• Strong links with local hotel for spa breaks
• Fantastic on-line reviews
• Close to town centre location
Hilton Smythe highly advise early viewing to avoid disappointment.Location
Flawless Image Beauty Salon is located in Ipswich, the county town of Suffolk, just outside the town centre and close to the riverfront.
Flawless Image is located in a semi-detached grade II listed building next to the local Post Office and close to many local car parks and the Fore Street swimming pool.
The premises themselves side on to the main one-way system with distinctive signage to the front and the side of the building.
The urban development of Ipswich overspills the borough boundaries significantly, with 75% of the town's population living within the borough at the time of the 2011 Census, when it was the fourth-largest urban area in the east of England. In 2011, the town of Ipswich was found to have a population of 133,384, while the Ipswich built-up area is estimated to have a population of approximately 180,000 in 2011.Premises
The double fronted shop is set over the ground and first floor of a grade II listed building, there is also a basement area for storage or use as a staff area.
Entrance door to main reception area with wood effect floor, soft seating in the waiting area, inglenook fireplace with product display area, reception desk with computer system, beams, spotlights to the ceiling, steps up to the rear area and slope up to the nail bar area.
The nail area has three fully equipped nail bars, two massage chairs, steps down to the basement, stairs up to the treatment rooms and two steps up to the rear area.
The rear of the beauticians has display units, a small table, filing cabinet and doors to the toilet, kitchen and door to outside that leads to and from Saxby’s hairdressers.
The toilet has a 2-piece suite and washing machine.
The kitchen area has wall and base units, sink, worksurfaces and microwave.
The stairs lead to the first floor which has a waiting area with soft seating and doors to the four treatment rooms.
Treatment room one is a twin massage room that is used for couples’ massage, there is also a full height loft room above this area that could be utilised as an office.
Treatment room two is an all-purpose treatment room which has an en-suite toilet.
Treatment room three is an all-purpose treatment room that also has the CACI Synergy machine for non-surgical face lifts and a Lynton Laser hair removal machine.
Access to the fourth treatment room is via a wide corridor with storage units. This all-purpose treatment room also has the spray tanning area. From this room is a further loft access, giving more storage.
The building has a fire alarm with sprinkler system and is heated throughout via radiators.
The business is being sold with all equipment required to run a beauty salon.Tenure
We are advised the business is being sold as a Leasehold business opportunity, with a 3 year lease from September 2018.
The annual rent is £18,000 and our clients pay rates of £7,200 per annum.Hours
The business opening hours:
Monday - Thursday: 10am – 7pm
Friday - Saturday: 9am – 5pm
The business is run and managed by our client, with the help of 2 x part time members of staff.Financial Profile
Flawless Image generated an advised turnover of circa £114,000 as of the 2018 accounts, with a gross profit of 41% and an adjusted net profit of £23,781
The assets being sold with the business are worth in the region of £30,000
Stock value averages at around £5,000