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Reference M5669
The business located on the first floor, in a prime location, near to the main line railway station and in close proximity to the vibrant West End main, office and commercial area, Scotland.
Turnover £ 1,800
Price
£75,000
Features
Immaculate, Luxurious Nail / Beauty Boutique
meticulously Presented with Name Rights and An Outstanding Reputation An Established Client Base (over 600 Clients Already Serviced), Excellent Online Ratings and Reviews
5 DAYS OPENING
Communal entrance stairs to first floor. . .
Wooden floor, ornate ceilings with character feature including fireplace, coving and ceiling roses. The salon has been refurbished to the highest standards, boasting an elegant French boutique look, and new flooring throughout.
The salon is equipped with essential ammenities, including an ultrasonic cleaner and autoclave for sterilization, television and a range of high quality products used in the nail station. Luxury chairs, dust collectors, e-files, lamps, etc are included in the purchase price.
Customer waiting area.
Reception desk - Telephone and computer, display units.
Manicure Section
3 nail bars fully equipped include dust collectors.
Bespoke designed Spa / Pedicure section.
2 cosy chairs set at the perfect working height with mains water connection ensuring a luxurious spa experience.
2 Treatment Rooms
Fitted kitchen - Cupboards, sink, fridge, Siemens coffee machine.
2 cloakrooms each with toilet and wash hand basin.
Attic used for additional storage.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £1,350 p.w. In addition the vendor rents out one treatment room and receives £500 p.m. - exceeding 50% of the total annual rental.
The second academy / beauty room.
Further income streams can readily be developed offering capacity to self employed tecnicians, academy training, utilising the website and developing online sales.
Staff
The business is at present operated by the vendor's wife
Trading Hours
The vendor works 3½ Day week but the premises is open longer hours for treatments.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2023 with reviews every 3 years (next review 2026) at a current rent of £13,000 p.a.
We are advised the salon is exempt from business rates offering further financial benefits.
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023 AND OFFERED FOR SALE DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS
Price
TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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