Sold
Exquisite Beauty Salon
Stourbridge, West Midlands
- Asking Price: £17,500 +SAV
- Turnover: Pedmore Beauty Rooms generates an advised current turnover of approximately £52,000 per annum. The business is currently being run on restricted hours and a new owner could increase turnover by extending the opening hours. Offers over £20,000 only!
- Tenure: Leasehold
CoGoGo are pleased to have been given the opportunity to manage the sale of Pedmore Beauty Rooms which is a well-established business with a renowned reputation amongst local residents. This is a superb opportunity to take on a lovely local business in an area that is teeming with middle class and well-heeled customers. Pedmore Beauty Rooms is a luxurious Beauty salon that strives to deliver first class beauty treatments in a relaxing environment. The business was established over 20 years ago and the current owner has run it successfully and lucratively for for the last 12 months or so. Alas the business is now being sold albeit reluctantly and with a heavy heart only due to the owners wish to relocate. The owner is keen to see the business pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level. Pedmore Beauty Rooms offers a comprehensive range of treatments for both sexes including:- • Advanced Anti Ageing Facials • Advanced Performance Facials • Eye Treatments • Hair Removal • Male Grooming • Manicures • Massage • Nail Services • Pedicures • Skin Specific Facials • Specialist Treatments • Tanning Treatments • Therapies and Wraps All the salon therapists are fully trained by ELEMIS which is an award-winning brand. The sale will include a state of the art website with booking facility and Facebook page (2133 likes at the time if Instruction and the business enjoys great visibility on the internet on sites such as Instagram and Groupon. The business enjoys fantastic reviews. Reasons to Buy 1. A well-established business with an enviable reputation and many existing customers 2. Current owner happy to offer a handover to ensure the continued success 3. Low running costs with inexpensive rent and no business rates 4. Everything included in sale making this a real turnkey business opportunity 5. Little or no competition locally 6. Ideal owner managed or husband and wife business 7. Situated in an upmarket area of Stourbridge with many middle class and well heeled residents. 8. The sale will include the company website and all social media platforms. CoGoGo highly advise early viewing; this exceptional business is likely to attract considerable interest.
The business is run and managed by our client with the help of one full time and two part time members of staff. There is also a part time cleaner.
Monday and Tuesday 9am till 3pm Wednesday 9am till 5pm Thursday 9am till 8pm Friday 9am till 7pm Saturday 9am till 4pm Sunday Closed
Pedmore Beauty Rooms is located in Stourbridge in the West Midlands. Pedmore is a residential suburb of Stourbridge in the West Midlands. It was originally a village in the Worcestershire countryside until extensive housebuilding during the interwar years saw it gradually merged into Stourbridge. The population of the appropriate Dudley ward taken at the 2011 census was 12,471. Pedmore is home to the Pedmore Cricket Club and is served by the nearby railway stations of Stourbridge Junction Railway Station and Hayley Railway Station. Stourbridge is Located about 13 miles west of Birmingham, at the edge of the industrial Midlands situated between Kidderminster and Dudley. Much of the town consists of suburban streets, interspersed with green spaces, Stourbridge borders on green belt land and is close to unspoiled countryside with rural Shropshire close by to the west. The Clent Hills, Kinver Edge and large areas of farmland lie to the south and west. Pedmore Beauty Rooms is ideally positioned in a small but unusually busy and vibrant shopping parade alongside other complimentary retail businesses such as a Barbers, hairdressers and convenience store. The business is beautifully presented and maintained with clear visible signage and distinctive livery. There is free parking immediately outside the premises.
We are advised the useable floor area is 57m2 Pedmore Beauty Rooms occupies the ground floor of an inner terraced retail unit and is presented to the highest possible standards having had much money spent in the last 12 months making this one of the nicest salons to come to the market for some time. The premises briefly comprise: - Salon Windows and glazed door to front creating a light, airy and inviting interior, recently redecorated throughout with expensive looking wood effect floor. The business has a real ‘upmarket feel with bespoke counter with till and card machine, floating glass shelves, customer waiting area with leather effect tub chairs and low coffee table, electric wall panel heating, 2 nail bars with chairs. Hall Way Running the length of the premises with electric panel wall heaters, 2 glass fronted display cabinets, feature chandeliers, HD Brows make up stand and wood effect flooring. WC With close coupled toilet, circular hand wash basin, window to rear, tiled floor and feature mirror. Kitchen With window and door to rear, range of base units, wall mounted cupboard with sliding doors, pedicure machines, towels with storage facility and a door that leads from the kitchen to a rear bin Store. A particular feature of the business are the unusually large and well equipped treatment rooms. Treatment Room 1 Generous treatment room with heated massage table, corner hand wash basin, towel warmers, trolley with castors, freestanding cupboard, 2 wax machines and Skinmate microdermabrasion machine. Treatment Room 2 Another generous treatment room with electric panel heating, hand wash basin , freestanding display unit, new wax machine (£150) cupboard with three drawers, heated massage table, hot stone machine, tripod light (used for eye lashes) and tall cupboard. Treatment Room 3 Currently used as a pedicure room, 2 pedicure chairs with leg and foot rests, 2 stools, wicker effect cupboard, wall mounted nail racks and expensive looking feature mirror. Treatment Room 4 Currently used as a tanning room with spray tent and spray tan machine with window to the rear.
Tenure
We are advised that the business is being sold as a Leasehold business opportunity. The existing 7-year Lease has approximately 6 years remaining with a 3-year break clause. We are advised a rent of £7800 per annum which is really reasonable given the size and location of the business. We are advised that the business benefits from being business rates exempt.
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