The Opportunity

ETS Corporate are pleased to place on the market this well-established beauty salon based in Werrington, Stoke-on-Trent. It has been established since 2002 and is operated by the Owner without staff. It is a large premise with plenty of space for growth. The rent is £7,800 pa. The annual turnover is £53,000 with a net profit of around £23,000 pa.

Location

The beauty salon is based in a housing estate in Johnson Avenue, in Werrington, Stoke-on Trent. There is free parking available for its clients.

Business Details

This very well presented, beauty salon for sale was established in 2002 and was purchased by the current Owner 7 years ago after she was employed there for 5 years. The Owner is selling as she wishes to pursue a career in teaching beauty therapy.

The Salon offers all aspects of basic beauty treatments including waxing, HD brows, microblading semi-permanent brows, nails, acrylic extensions, skin treatments, advanced skin care, make up and tanning. Various retail products are stocked including Dermalogica, Jane Iredale, Nailtiques, Shellac CND, Skinbase and Orly

The salon is operated full time by the Owner only and has a client base of over 1,000. It is operated with Premier Spa software and Facebook and word of mouth are the main sources of new clients.

The unique selling points of the business are:

  • Based in a large housing estate
  • Large and strong client base
  • Little competition
  • Well established business
  • Profitable business ideal for sole trader

What are the major strengths of the business?

  • Strong client base
  • Potential to grow
  • Unopposed business

What are the major weaknesses of the business?

  • Owner operator

What opportunities are there for the business?

  • Hiring more staff.
  • More advertising

What are the main threats to the business?

  • Owner health issues

Trading Hours

Monday           Closed

Tuesday          09.00 am – 4.30 pm

Wednesday     09.00 am – 4.30 pm

Thursday         09.30 am – 7.30 pm

Friday.             09.30 am – 6.30 pm

Saturday.         08.00 am – 2.30 pm

Sunday            Closed

Financial Details

The turnover of the business during the last full financial year was £65,759. The operating profit is £33,754 pa.

Property Details

The premises is on a prominent position with a large window frontage. The salon itself is open plan with 3 workstations and 4 treatment rooms, as well as a tanning room. There is also a small kitchenette and toilet as well as a small office.

Tenure                                                       

There are 3 years left of a 10-year lease, which is renewable, and a new lease may be available. The deposit is £650, and the rent is £7,800 pa (£650 monthly).

Ref:    13369

Price: £29,995 plus stock

Disclaimer

These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by Enthuse Transformations Ltd (Trading as ETS Corporate). The information contained herein has not been verified by Enthuse Transformations Ltd; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of Enthuse Transformations Ltd regarding this business are subject to verification and should be independently corroborated.