Sold
Well established Beauty Salon in Oxford for sale
Oxford, Oxfordshire
- Asking Price: £125,000 +SAV
-
Turnover:
We are advised as per the 2022 accounts, the business generated a turnover in the region of £292,000. Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07268
Hilton Smythe are delighted to welcome to the market Tao Beauty Salon, a highly rated beauty treatment service business in Oxford.
The TAO Clinic was established in Oxford in 1968. Now renamed the TAO Beauty Salon, it’s a privately owned and busy beauty centre in Oxford with a friendly team of qualified beauty therapists. They welcome both women & men at the salon and offer a wide range of beauty treatments including:
- Facials
- Spray Tanning
- Massage and hot stone therapy
- Waxing
- Electrolysis
- Epil-Pro
- Threading
- Manicures and Pedicures
- GELeration
- My lash Lift & Brow & Lash Tint
- Eyelash Extensions
- MyBrows
- Ear Piercing
- Hopi Ear Candles
- Tao is an agent for Dermalogica products
- A well established business with an enviable reputation and many existing customers
- Prime trading position in a salubrious and upmarket area
- Current manager would be happy to offer a handover to ensure the continued success
- Ideal owner managed or partnership business
- A real opportunity to increase turnover and profits significantly
- Loyal client base
- Advertising and marketing campaign
- Maximise the use of social media particularly Instagram, Facebook, Twitter and Tik Tok
- Update the existing website, ideally adding an online booking facility
- Introduce a customer loyalty card / scheme
- Explore online voucher discounters such as Groupon and Wowcher.
- Consider introducing make up tuition, the premises could easily accommodate a class room type setting.
We are advised that the business has a manager and comprises of 4 full-time and 4 part-time professional staff, with 3 support staff.
The current trading hours are -
Monday – 9:00am – 5:30pm
Tuesday – 9:00am – 5:30pm
Wednesday – 9:00am – 5:30pm
Thursday – 9:00 – 7:30pm
Friday – 9:00am – 5:30pm
Saturday – 9:00am – 3:00pm
Sunday - Closed
Tao Beauty Salon is located on St. Aldates, in Oxford.
The business has eye catching signage and receives high levels of footfall and passing trade.
The business occupies three floors of an attractive brick built building ideally suited to the trade. The generous premises includes a number of fully equipped beauty rooms. A section of the top floor is currently let to a complimentary laser treatment business and generates useful rental income of £9,000 per annum.
The business is nicely presented and maintained with clear visible signage.
Tenure
We are advised that the business is being sold on a Leasehold basis, with the landlord happy to negotiate a mutually acceptable lease with a new owner. The rent is £22,000 per annum, with rates payable at £6,100 per annum.