For Sale
Highly Rated Beauty Salon For Sale
Ingatestone, Essex
- Asking Price: £72,500 +SAV
-
Turnover:
We are advised as per the 2022 accounts, the business generated a turnover in the region of £103,000.
Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07102
CoGoGo are delighted to welcome to the market Beauty 88, a highly rated and well established beauty salon in Ingatestone, Essex.
The business was established by in 2017 and has been under our clients ownership since.
Only now does the business come to the open market due to one of our clients looking to relocate.
The salon offers the following services -
- Waxing
- Facials
- CACI non-surgical facials
- A variety of massages
- Eye lash and Brow tinting
- Lash lifts
- Brow lamination’s
- Spray tans
- Nails Manicure
- Pedicures
- Reflexology
- 5* client reviewed salon.
- Situated on the high street, in the quaint commuter town of Ingatestone.
- Offer Synergy system – only salon in the area to do so.
- Experienced team.
- Characterful property.
- Local client base.
- There has been a beauty salon business here for many years.
In addition to one of the owners, who is a therapist, the business is also supported by another therapist and a front of house manager.
The current salon hours are -
Monday - Closed
Tuesday – 9:00am – 6:00pm
Wednesday – 9:00am – 8:00pm
Thursday – 9:00am – 8:00pm
Friday – 9:00am – 6:00pm
Saturday – 9:00am – 3:00pm
Sunday - Closed
Beauty 88 is located on the busy high street in Ingatestone, Essex, with a good level of passing trade and footfall.
Ground floor -
- Manicure stations x2
- Pedicure seats x2
- Spray tanning room
- Office
- Kitchen
- Toilet
- Cupboard under the stairs
- 3 Treatment rooms
- Shower room
- Large cupboard on the landing.
Tenure
We are advised that the business is being sold on a Leasehold basis, with the current lease due to expire in June 2024. The rent is £866 per month.
A new buyer could look at negotiating their own new lease.
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Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
