£0 £1000000
£0 £1000000

Well Known And Very Popular Salon

Bacup, Lancashire

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For Sale

£49,950 +SAV

Ref: B05712

Leasehold

Overview

Hilton Smythe is delighted to introduce to the market Beauty Culture, located on St James Square, Bacup. The business was first established by our client in 1991 and has only now come to market as our client is looking to free up some time.

Beauty Culture is well known for wellbeing treatments & is often referred to as a sanctuary by clients. The business is a highly rated salon that is very popular in the area with great support from the local community. Currently offering treatments of Facials, eyelashes and eyebrows, sugaring, spray tanning, body treatments, nails and massages to name a few.

The premises are beautifully presented with stylish décor with a good level of modern-day equipment to suit the trade.

The salon has lots of word of mouth recommendations & online bookings, along with a loyal and regular client base, the business has an excellent reputation, with google reviews stating, ‘Lovely place, I never want to leave, the treatments are amazing’ and ‘A very friendly beauty salon. Highly recommend beauty therapists’ Our client is also offering a handover period to ensure the continued success of the business. The business has a good genuine following on social media with excellent reviews.

It is a flourishing business that is in high demand with scope for growth. This is an exciting well-established opportunity but the current owner isn't in a position to take it forward. We have been advised that the business could make a lot more money with an increase in staff hours. The vendor hasn't taken this route as she doesn't want to take on more work than she already has.

Early viewing is highly recommended. Viewings are by appointment only.

Turnover
We are advised as per the 2019 accounts, the business reports an annual turnover in the region of £80,000. Full financials can be made available upon further request. 

The salon is run by the owner on a part-time basis, with the help of 5 part time staff members. 

Monday – Closed.

Tuesday – 9am to 5pm.

Wednesday – 9am to 7pm.

Thursday – 9am to 8pm.

Friday – 9am to 6pm.

Saturday – 9am to 3pm.

The business is located on St James Square, Bacup, surrounded by a wealth of complimentary shops and businesses benefitting from a high volume of footfall and passing trade.

The area has had a huge investment in regeneration & money and is more popular than ever. A great time to get into the town that has found a new vibrancy & a wonderful supportive community and business network.

Lots of new houses being built nearby for even more potential however clients do already travel from far and wide to visit.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

The area is also well served by the A-roads within easy driving distance of the business, which links to the motorway network.

Due to the location the shop has a high volume of footfall. There is also ample free street parking within the proximity.

The lovely well maintained building & rooms could be used much more productively and has the potential for so much more business.

Ground floor:

  • Reception area with 3 Nail stations, reception desk.
  • 2 treatment room with beauty bed and bespoke lighting.
1st floor

  • 3 x treatment rooms with beauty beds.
  • 2 x WC.
  • Kitchen.
There is a fully boarded loft which is dry and great for storage.

The equipment included in the sale comprises of:

  • 3 nail stations with chairs.
  • Counter with til and card reader.
  • Wall display shelving.
  • 4 Beauty beds.
  • Loft storage space.
  • Website.
  • Social media pages.
The stock level is iro £4,500.

Tenure
We are advised the business is being sold on a Leasehold basis with a rent of £13,000 per annum. The landlord is happy to agree a new 10 year lease. 

A Freehold Option may be considered.

The business further benefits from being rates exempt.

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