Business Summary

Business Profile :
Established in 2007 and under the present owner’s stewardship since 20011 this is an upmarket and
professional concern.
The salon offers a comprehensive range of beauty treatments including CACI, body treatments and
rituals, massages, waxing, tinting & eyelash perming, manicures and pedicures.
The overall effect of this salon is both stylish and modern with an extremely practical and functional layout giving a calm, friendly and relaxing ambiance.
The business was a finalist in the best massage business in London in 2010 and 2012.

Employees:
The business currently has seven freelance massage therapists. They are paid according to how many
treatments they do. There is also one F/T manager, one P/T therapist, one P/T spa assistant, and three P/T self employed therapists. The owner has a supervisory role in the business.

Tenure:
We are advised that the current five year lease expires in 2018 and has a rent of £52,000 Per Annum (currently reduced to £45,000)
Business rates are £540 Per Month.

Financial Information :
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of County Business Sales. Latest accounts support a turnover circa £210,000 Per Annum.

Location/ Premises:
The premises command a highly visible position in Notting Hill, close to the north-western corner of Kensington Gardens, in the Royal Borough of Kensington and Chelsea. Notting Hill has a contemporary reputation as an affluent and fashionable area; known for attractive terraces of large Victorian townhouses, and high-end shopping and restaurants.
The salon entrance leads to a small reception area, spray tan room, WC and laundry room with a washing machine and dryer and office. The property has been converted from two shops into one and is 1800sq ft in size.
Stairs lead down to a client waiting area and manicure and pedicure room complete with three nail bars.
However the real surprise lays behind a door which leads through to a beautifully fitted salon area with client WC and shower, two changing rooms with lockers and a large relaxation area complete with comfortable sofa and chairs. Soothing music is piped throughout the salon.
From this part of the salon doors lead off to four good sized, fully equipped treatment rooms,
measuring approximately 150 sq ft each with sinks, motorized couches (in three rooms), sky lights and fans.
The current owner has spent £7,000 recently refitting the downstairs area and viewing is highly
recommended to fully appreciate this attractive and spacious salon in a truly enviable and sought after location.

Business Hours :
Monday Closed, Tuesday - Sunday 10am - 8pm Thursday - Friday 10am - 9pm

Reason for Sale:
This is a genuine sale and the owner will assist the purchaser on handover in order to ensure that the business moves forward in the future. The current owner by her own admission does not have the experience to move this business forward.

Support and Training:
All necessary training and a full handover are available to ensure continuity of trading.

Assets:
Significant assets are included in the sale price.

Asking Price: Only £80,000 plus stock as valued.
(CACI machine , not included)

Viewings:
Please DO NOT approach, under any circumstances without an appointment through the
agent.

Property Details