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Nails And Beauty Salon
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $20800
Net Profit / Cash Flow $8335
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Owner Relocating
Description WonderlAnd Nails and Beauty occupies a prominent location ideally located on a busy road in Swinton, Greater Manchester. The premises benefit from ample parking and is surrounded by a variety of complementary shops and businesses. There are regular buses running through the area and the premises boast easy access to the A-road network and Manchester city centre is less than 3 miles away. Swinton is a mainly residential town that lies 2 miles from the M60 motorway.
Business History
WonderlAnd Nails and beauty established in 2008. The business is only now offered to the market due to our client's wish to relocate.
The premise is well-equipped to suit the trade with a large salon area with space for 6+ nail stations, store room, beauty room, kitchen and toilet. The salon has an excellent reputation and benefits from much repeat trade. The business has a loyal customer base and benefits from many word of mouth recommendations. The salon benefits from being situated on a busy road leading through the town, along with a high footfall from the surrounding area. Ideal viewing location near to busy junction with traffic lights.
WonderlAnd offers high quality nails and beauty treatments including waxing, threading, facials, massages and spray tans.
The business trades 6 days a week and generates a turnover in the region of œ20,800 per annum with a gross profit of 90%. We feel this could be further increased by introducing a sunbed or employing staff instead of renting chairs for maximum profits. The new owner could also, if desired, expand the number of beauty treatments available.
Financial Details
T/O: œ20,800 approx.
Opening Hours: Mon - Sat
Tenure
Leasehold
Original length: 5 years
Remaining: 2.5 years
Rent: œ6,600 per annum
Sale Price: œ24,995
Contact Name: Mrs Joanne Gabrielides
Contact Number: 07971099449uuuu
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