Highly rated Hair and Beauty business for sale
- Asking Price: £85,000 +SAV
We are advised as per the 2019 accounts, the business generated a turnover in the region of £186,000, with an adjusted net profit in the region of £41,000. Full financials can be made available upon further request.
Please quote reference B06193
- Tenure: Leasehold
Please quote reference B06193
Hilton Smythe welcomes to the market, Retreat Hair & Beauty.
Retreat Hair and Beauty was founded by the current owner over 20 years ago and has been a real labour of love for her during which time she has accrued an impressive number of regular and repeat customers and a fantastic reputation.
The business is now being sold, albeit reluctantly and with a heavy heart only due to personal circumstances. The vendor is keen to see her beloved hairdressing and beauty business passed to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.
Retreat Hair & Beauty has a friendly team with a wealth of experience and skills. This combined with their enthusiasm, attention to detail and a salon that boast a wonderful warm and upmarket atmosphere is what keeps clients returning to the business time and time again. The business is a well-known Aveda Concept Salon providing a wide range of natural hair products at cost effective prices to ensure the health and look of their customers new hairstyles.
Retreat Hair & Beauty offers a range of services including:
- Women’s wash cut and blow dry
- Women’s Hair up
- Fringe trim
- Men’s wash cut and blow dry
- Full, half and parting highlights
- Tint, full, half head and parting
- Colour cleanse
- Range of strengthening and moisture treatments.
Retreat Hair & Beauty has recently been refurbished at considerable cost to the current owner and is presented to an extremely high standard and is certainly one of the nicest and most upmarket hair salons we have seen for some time. This refurbishment has already seen the turnover increase significantly and this upturn in business is expected to continue. The business offers the possibility of additional income streams by introducing a range of beauty treatments, it would certainly benefit from offering nail services and also offers the possibility of subletting the beauty rooms.
Reasons to Buy
- A well-established business with an enviable reputation and many existing customers
- All fixtures and fittings included making this a real Turnkey business opportunity
- Ideal owner managed, partnership or bolt on business
- Ideal trading position with loads of footfall
- Includes 2 allocated parking spaces
- Current owner would be happy to offer a handover to ensure the continued success
We are advised that the business is owner ran and managed, with the help of 8 full time staff members.
The business hours are -
Monday – Closed
Tuesday – 10:00 – 20:00
Wednesday – 10:00 – 20:00
Thursday – 10:00 – 20:00
Friday – 10:00 – 20:00
Saturday – 08:00 – 16:00
Sunday - Closed
Retreat is located in Nuneaton.
Nuneaton is a large market town in the borough of Nuneaton and Bedworth in Northern Warwickshire. The population in 2019 was estimated at 90,429 making it the largest town in Warwickshire.
The town is near the M6, M42 and M69 motorways and the main A5 trunk road (Watling Street) which also acts as a border with Leicestershire and the neighbouring town of Hinckley. The town has 2 railway stations, and the town is served by the West Coast Main Line running from London to the North West, the Cross Country Birmingham to Peterborough Line and by a line to Coventry via Bedworth.
The principal bus operator around Nuneaton is Stagecoach in Warwickshire and the depot is located next to the fire station on Newtown Road , just west from the bus station. Arriva Midlands also operate a number of routes around Nuneaton with buses running to Tamworth, Hinckley, Barwell, Leicester and Coventry.
Retreat is ideally situated in a prominent position in Nuneaton’s main shopping centre. The business is beautifully presented and maintained with clear visible signage and distinctive livery. It sits alongside other complimentary retail businesses and offices and thus benefits from really high levels of footfall along with passing trade.
There are a number of inexpensive public car parks within easy walking distance.
Retreat Hair & Beauty occupies the ground floor of a modern brick built building, is presented in immaculate order and briefly comprises:
Salon - A generously proportioned salon with panoramic windows and glazed doors to front creating a light, airy and inviting interior, lovely open plan feel with a pleasing upmarket feel , expensive looking wood effect floor, bespoke reception counter with product shelving to front, multiple hair stations to the perimeter, each with its own chair, mirror, electrical sockets , drawers etc, freestanding dark oak effect cupboard, impressive central hair station section with 8 individual chairs, 4 latest model backwash. Air conditioning.
WC - With close coupled toilet and hand wash basin.
Staff Room/Kitchen - With range of base units and complimentary worktops.
Beauty Room - Currently rented out for £120 per week.
We are advised that the business is being sold on a Leasehold basis, with 8 years remaining on the 10 year lease. The rent is £17,000 per annum and currently has £0 rates payable.