Business Summary

Business Profile:
Established since March 2004 this attractive salon has been designed to create a warm, welcoming,
approachable atmosphere where the clients feel nurtured & respected.
Treatments include electrolysis, massages,threading,waxing, facials and laser treatment using the very best products such as Environ and OPI.

Employees:
In addition to the vendor who works part time in the salon the business currently employs three full time thepists two part time therapists.

Tenure:
We are advised that the renewable ten year lease commenced in May 2008 and has a rent of £10,000 Per Annum. We are also advised that the landlords would be prepared to give a new lease (subject to status) for up to 25 years.
Business rates are £3353 (includes small business discount) Per Annum.

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 £162,543 Per Annum.

Location/ Premises:
Kingston upon Thames is a vibrant Surrey market town at the heart one of London’s liveliest
boroughs. The town is in a beautiful location as it nestles on the banks of the River Thames and, as it’s just 12 miles south west of central London,. Kingston boasts everything you would expect from a thriving market town including superb shopping, a vibrant cafe culture, a well respected university and a great nightlife.The town boastsan exciting mix of themed markets, street activities, diverse shopping and busy cafes, bars and restaurants lend Kingston Town Center its welcoming atmosphere and make it a popular destination for culture, shopping and entertainment.
The reception area area leads through to four fully equipped treatment rooms with motorized
couches. There is air conditioning throughout. There is ample storage facilities including a basement and shower room plus spray tan booth and parking for two cars to the rear of the premises.
The salon uses Premier Spa software and currently has 6660 clients on its data base. There is also a webcam system throughout the salon.

Business Hours:
Monday/ Thursday - 9am - 9pm, Friday 9am - 7pm, Saturday 9am - 6pm, Sunday 10am - 4pm

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 is looking at a change of carer after successfully building this salon business over the last eight years.

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 £60,000 plus stock as valued.
(CACI machine , not included)

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

Property Details