HAIR & BEAUTY
LINCOLNSHIRE TOWN
This is by any standards an exceptional business with a 5 star rating from The Good Salon Guide.
The business trades under the umbrella of a private limited company and this is just one of a number of salons it owns. It is conducted from well sited extensive leasehold first-floor lock-up character premises equipped and presented to the highest standards with an amazing WOW Factor.
Prospective purchasers will quickly realize that the business is used as an investment vehicle with the director acting in an overseeing capacity only. The advent of a new member to the family together with increasing family commitments does unfortunately create too many pressures to the extent that the business has to be sold.
This really does create an almost ‘one off’ opportunity for a purchaser, whether as an investor or whether active and ‘hands on’ – for the latter the potential for a very high net income should be great.
Individual trading accounts per unit are not available. Management Accounts and formal confirmation of figures can however be provided.
This exciting business with a talented and committed team is being offered at a substantially discounted quoting price for a quick sale and those, particularly with experience, will recognize that this is ‘an opportunity knocking’!
TAKINGS: £520,000pa excluding VAT (projected for the current year)
GROSS PROFIT ON SALES: c. 85%
CHAIRS: 20
BEAUTY ROOMS: 6
STOCK: approx £20,000 (adjustable)
STAFF: 13 full time
11 part time (including 1 on maternity leave)
3 part time support staff covering reception and coffee making etc
There is a very well defined wage structure and bonus scheme in place.
NB: Staff fluctuates – please enquire for up to date position
HOURS: Monday 9.00am – 6.00pm
Tuesday 9.00am – 8.00pm
Wednesday 9.00am – 6.00pm
Thursday 9.00am – 8.00pm
Friday 9.00am – 7.00pm
Saturday 8.30am – 2.00pm
Sunday – Closed
FIXTURES & FITTINGS: SEE PAGE 2: THIS IS IMPORTANT
LEASE: The accommodation is held on lease for a term of 10 years from 28th November 2003 held at a current rent of £26,000pa exclusive of rates.
COSTS: SEE PAGE 2: THIS IS IMPORTANT
THE ACCOMMODATION COMPRISES
GROUND FLOOR
IMPRESSIVE FOYER: With modern lift and contemporary styled stairs to
FIRST FLOOR
MAIN SALON: Approx 61’5” x max 57’9” of irregular shape and presentation worthy of a film set – open plan embracing reception and seating area
Disabled Toilet
Gents Toilet
Ladies Toilet
SUN ROOM 1
SUN ROOM 2
KITCHEN 1: Approx 9’6” x 8’2”
3 STORES: Approx max 31’1” x 6’6” inter communicating and housing a Worcester gas fired boiler
The beauty rooms lie to the rear and are basically self-contained providing:
WAITING AREA: Approx max 32’1” x max 9’6”
BEAUTY ROOM: Approx max 13’2” x max 12’4” L-Shaped
MYSTIC TAN ROOM: Approx 9’3” x 12’4”
BEAUTY ROOM 2: Approx 9’9” x 12’8”
BEAUTY ROOM 3: Approx 9’3” x 12’8”
BEAUTY ROOM 4: Approx 9’6” x 12’4”
BEAUTY ROOM 5: Approx 8’11” x 12’4”
STORE: Approx 5’2” x 9’4”
UNISEX TOILET
DINING/REST AREA: Approx max 21’9” x max 13’1” with store off
KITCHEN 2: Approx 9’5” x 8’11”
SECOND FLOOR
STAFF REST ROOM: Approx 21’5” x 26’6” (with fire exit off and access to large loft storage housing dedicated heating unit for back wasking only) these dimensions embrace a kitchen area and
OFFICE: Approx 9’9” x 15’5”
OUTSIDE
Outside parking for 5 cars – a large public car park lies within paces away