City Business Brokers is pleased to bring to the market this well-known Hair, Nail and Beauty business in Derby City Centre. Established for over 14 years, the business is located in a prominent position in the Cathedral Quarter with parking to the front for up to 15 cars. The location is ideal for passing trade but also enjoys a position next to similar businesses which helps to increase footfall.
The business has an average turnover with reasonable profits and has developed a strong reputation for friendly service, competitive prices and professional approach with top-rated reviews via Treatwell.
There are 6 work stations, 3 wash stations and 1 nail bar together with several treatment rooms (over 3 floors) offering spray tans, infrared sauna and massage facilities as well as a range of other beauty and medical treatments.
The business comes complete with a range of highly-valued beauty equipment all of which is included in the sale price making this an incredibly good buy.
Currently this business is underutilised due to the owner's other commitments and there is opportunity to increase the turnover through additional chair rental, extending opening hours and other media promotions. To fully realise the potential and maximise profits this business definitely needs to be owner-run, hence this would suit a qualified Hairdresser or Beautician wishing to make their first step in running their own Salon.
Rental is £19000 annually; however there is additional revenue from the sub-letting of the upstairs apartment to an established tenant which generates £5,580 annually. Currently there is a lease arrangement in place with the landlord. However, a new lease is also available.
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
Superb location in the Cathedral Quarter with parking to front for 15 cars.