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Business for sale in United Kingdom - Cq095-hair & beauty salon franchise

Asking Price: 145,000 £ Real Estate: Lease
Sales Revenue: 282,000 £
Net Profit: 53,000 £
Year Established: 2001
Employees: 8PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/London Borough of Hillingdon/London Borough of Hillingdon
United Kingdom/London Borough of Hillingdon/London Borough of Hillingdon

Business types:

Services

Business categories:

Beauty Parlors & Barbershops

Business description

Established in 2001, this franchised hair and beauty salon offers a full ‘head to toe’ range of services and treatments, this business specializes in cutting, colouring, tinting, re-styling, high-lights, low-lights, foils, wraps and perming for hair alongside body and face treatments including body waxing, tinting, spray tanning, facials, eye lash extensions, nail extensions, manicures and pedicures – Intense Pulse Light System, the very latest technology in hair removal and skin rejuvenation. This business is particularly well known for their quality of work and service, and is approved by the Health Care Commission for this treatment. The Salon has also won Beauty Salon of the Year for two consecutive years, plus customer excellence awards and best trainer of the year award. This business is ideally placed in a local fitness centre that provides them with high levels of awareness and footfall. The modern premises have been furbished to a high standard, are well maintained and well equipped providing rooms very well suited for this profession. This business has a mix of clients that includes local residents and long time regulars. Appealing to all ages – it’s just as likely to be a 4 year old as an 80 year old in the chair, and of either sexes especially with the increasing interest from men in relation to beauty products and services - the business delivers a professional, cost-effective and friendly service and has an excellent reputation for fulfilling all client requirements from a dedicated and highly trained team of fully competent and qualified hairdressers and beauty therapists. This business has been built on providing the quality of services and treatments more normally associated with the leading High Street chains, but at far more competitive prices. This flourishing centre features top of the line amenities that are professionally equipped. The treatment rooms are dedicated to providing a wide range of treatments and therapies by the professional and friendly team of therapists. The centre also incorporates a welcoming and comfortable reception area ensuring clients feel comfortable and relaxed from the moment they walk through the door. Not the usual minimalist wood laminate floored, clinical, sterile concept often favoured for the décor of many beauty salons, this business operates from very well suited premises – a well laid out relaxing building, decorated to a high standard. With an extensive base of loyal, satisfied, repeat customers, built up over 7 years of successful trading, all drawn by the highly personal and attentive service they receive, leaving the Client safe in the knowledge they are in expert hands and who leave the clinic having experienced the ultimate in health and beauty therapy. With a turnover of approx. £282,000 – having risen consistently in recent years, generating a gross profit of £192,000 together with the equipment, conservatively estimated to be worth £35,000, (all of this has been achieved with an owner who works part time due to other business interests), this represents an excellent opportunity to acquire a high-tech, quality hair and beauty salon with massage and sun-bed centre, with a large, loyal, repeat Client base and significant potential for future growth. Customer Service: A client centred, welcoming and friendly service is offered with excellent professional advice. Every effort is made in order to satisfy client requirements. This business does everything possible to enhance its excellent reputation and to develop commitment to customers' needs providing thorough and high, added value service; with a promise of trust earned over the many years where customer welfare is paramount. Key Strengths: This business benefits from an excellent location and offers an extensive range of hair, massage and beauty services at affordable and competitive prices, with the added advantage of catering for men’s beauty needs, which is a very fast growing area. The quality of the location cannot be overstated since its prominence guarantees access, visibility and footfall. The business is well established and profitable, with a strong and increasing customer base, retaining a high level of return custom, many of whom have done so on a regular basis for many years. The salon has earned an outstanding reputation for its honesty, service, reliability, customer relations and for its highly knowledgeable and experienced staff. The result of this combination of strengths is a differentiation in its marketplace, allowing for the sustaining of margins at no loss to custom - a clear competitive advantage. Growth and Expansion: The current market for this business's products is stable and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs. Key Opportunities: This is an outstanding opportunity to build on the existing business levels and customer base of this company. With a strong demand for this business's products, combined with a capacity to increase turnover, a new owner contributing fresh ideas will have every advantage of building on an excellent platform, one that has been achieved by the owner while only working part time.

Additional information

Additional information: Not Disclosed
Support & training: Full support and training will be provided to the successful purchaser.
Reasons for selling: The owner has other business commitments that is increasingly time consuming and to which they have decided to devote there full time and energy. This in no way competes with the business of the salon.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The lease on the premises is five-years, with two and a half years to run with a rent of £22,400, which includes rates and all services and utilities etc. As the premises are located within the centre the salon is responsible for internal decoration only.
Location: Located on the first floor of a very well known and national fitness centre the salon benefits from a reception, two offices, hair salon, with five stations and two back wash, five beauty rooms, (two with showers), stockroom, dispense, two sun bed rooms, two w/c’s, two disabled w/c’s staff room, laundry room and male and female changing rooms. These are all accessed by a wide staircase or by lifts within the centre. The lease on the premises is five-years, with two and a half years to run with a rent of £22,400, which includes rates and all services and utilities etc. As the premises are located within the centre the salon is responsible for internal decoration only

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