Popular Hair & Beauty Salon in Chippenham, Wiltshire For Sale
- Asking Price: £72,000
- Turnover: The business generates a turnover in the region of £154,500 per annum, with a gross profit of approximately 60%.
- Tenure: Leasehold
Hilton Smythe is delighted to welcome to the market this well-established and popular hair and beauty salon in Pewsham, Wiltshire. The business was established by our client in 2010 and is only now being offered to the market due to our client`s desire for a change of career. The business operates 5 days per week and generates a turnover in the region of £154,500 per annum, with a gross profit of approximately 60%. Our client offers a wide range hair and beauty services including unisex cutting and styling, manicures, pedicures, facials, massage, waxing and spray tans to name a few. The business benefits from a monopoly position within the area, with no competition locally. The business has built up an excellent reputation within the area for the high quality and friendly service offered, which has resulted in a very loyal client base, with a lot of repeat trade and word of mouth referrals. We fell there is scope to increase the turnover by extending the opening hours, perhaps by opening on Mondays, as the business is currently closed on that day. We are advised that the property boasts underfloor electrics, so another three cutting stations could be installed in the centre of the premises. A new owner could also extend the beauty treatment lines and products available. The business already has an excellent website in place to promote the business and the services offered. The property has been fitted to a very high standard and is well-maintained throughout. This is an excellent opportunity for a new owner to take this thriving and popular business to the next level; therefore early viewing must come highly recommended.
The business is owner run and managed with 3 x self-employed, 3 x full time and 2 x work experience staff members.
The business operates: Monday: ClosedTuesday: 10.00am – 8.00pmWednesday: 9.00am – 5.00pmThursday: 10.00am – 8.00pmFriday: 9.00am – 5.00pmSaturday: 9.30am – 4.30pmSunday: Closed
El Prada Hair & Nails Ltd occupies substantial ground floor premises in the village of Pewsham, near Chippenham, Wiltshire. The property is located within a small parade of shops and businesses, which includes a well-known supermarket retail business, therefore the business benefits from a large amount of footfall and passing trade. The business benefits from free parking facilities to the front of the premises, as well as being surrounded by highly populated residential areas, from which the business derives much of its trade. Pewsham is a small village on the A4 national route between Chippenham and Calne in Wiltshire. The village is occasionally referred to as `Old Derry Hill`. The area of the business is well served by the public transport system, with bus stops well within easy walking distance of the property. The nearest railway station is approximately 2.2 miles away in Chippenham. The area is also well-served by the A-roads, with the A4 within easy driving distance, which links to the vast A-road and motorway networks. Trowbridge is approximately 16½ miles away and Bath is 16 miles away.
Mid-parade ground floor premises, briefly comprising: Main salon area with: 6 x cutting stations.Product trolleys.Product display units.Reception area with booking system and electronic cash register.Customer seating area.3 x nail bars.Spray tan room.Beauty treatment room.Kitchen.WC. External with: 3 x allocated parking bays to front of premises.
We are advised Leasehold: Original lease length: 15 yearsRemaining lease length 12 yearsReview every: 10 yearsRent: £ 1,300 per month