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Turnover £142/155k - Profit £45/55k Asking Price £35k plus SAV
LOCATION, LOCATION, LOCATION This successful and beautifully presented large Beauty Salon and Spa has a prime location situated in the town centre of Bridlington. Located close to Costa Coffee and the Promenades Shopping Centre with other retail stores such as New Look, 3, H Samuel, Boots etc. Trading Since 2011, now reluctantly being offered for sale due to health problems and emigration. Footfall is plentiful!
The property is very large, over 2000 square feet, comprising of double fronted premises, ground floor and first floor. This business benefits a great deal from passing trade due to its fantastic central location.
The business is for sale including all Fixtures, Fittings, Furniture and all Equipment.
The premises are Leasehold currently £15,00 per annum. The current lease is renewable in June 2020 (previously renewed every 3 years, since 2011) The Landlord has confirmed a new lease is available at £15,000 for the next 5 years or longer if required.
The business really does need to be viewed to appreciate the size of premises together with everything that is included in the sale to allow immediate takeover.
On the ground floor the Beauty Salon is located comprising of large open plan design of:-
Manicure Area (3 stations)
Pedicure Area (4 stations)
HD Brow Station
4 Treatment Rooms (currently used for all aspects of treatments including Facials, Massage, Waxing, Lashes, also including a Tanning Room)
Office and Stock Room
On the First Floor the Spa is located and comprises of:-
Fire and Ice Spa
Spacious Lounging Area
2 Infrared Saunas (3/4 Seater and 2/3 Seater)
Herbal 6 seater Steam Room
Turkish Mud Rasul
Ice Shower Area
Changing Rooms and Showers
Manicure Area (2 stations)
Pedicure Area (2 stations)
3 Treatment Rooms (including 2 Couples Suites)
As well as substantial fixtures, fittings and furniture included in the sale, there is also an extensive amount of equipment and other items enabling immediate takeover and trading, including electrical facial machines, nail lamps, premier software computer booking system, wax pots, Dermalogica retail stock, Elemis retail stock, Professional Dermalogica stock, Professional Elemis stock. Cnd Shellac and Cnd Vinylux, St Tropez, Sienna & Crazy Angel Tan and much much more. There is a complete inventory available.
The business uses brands such as Dermalogica, Elemis, Nouveau Lashes, St Tropez, Sienna Spray Tan, Crazy Angel Tan, HD Brows, Cnd Shellac, Cnd Vinylux, Mesoestetic Skin Peels, Spa Factory, Studex and many more.
The salon carries out an extensive menu of treatments such as general beauty treatments Manicures, Pedicures, Waxing, Tinting, Lashes, Tanning, Facials, Body Scrubs, Massage, Ear Piercing, using CND Shellac, CND Vinylux, large range of Luxury Facials using Dermalogica and Elemis, Microdermabrasion & Non Surgical Facials using Dermaco Machine (dermabrasion, ultrasound, led, wrinkle comb, microcurrent, hot & cold hammer) Elemis Bio Tec Electrical Facials (ultrasonic, oxygen infusion, led, galvanic, Skin Peels using Dermalogica and Regim A and Mesoestetic Peels (glycolic, lactic, salicylic, jessner, melanostop etc) Massages from Back, Neck & Shoulder, Indian Head Massage, Full Body Massage to Hot Stone Massage.
Spa Days are also offered, which are very popular. Bookings can be made online also for salon treatments. The domain name is included in the sale together with all necessary software and equipment for the computerised booking system including relevant licences etc.
We currently employ 4 staff. The business is registered as two separate businesses for Vat purposes, the salon and the spa, with the turnover for each being under the vat threshold. The combined annual turnover is £140-£155k (18/19 & 17/18)
per annum. Net profit ranging from £40-50k (18/19 & 17/18) per annum. The asking price includes EVERYTHING enabling a smooth transition and immediate takeover. Any assistance or help required to enable this to the new owner is also offered, such as transferring details re PAYE, the Website, Electronic Diary Booking System or any training required etc.
Over the 8 years this salon has been trading a very large client base has been developed with many loyal and regular clients. Bridlington is a seasonal seaside town and therefore visitor numbers to the town increase substantially from Easter until October each year. We have many clients who have caravans in the area, and visit us regularly for treatments as part of their “holidays”!
Extensive professional and retail stock is available in addition to the sale, which can be purchased for £5,000 (valued SAV is £10,000 +). Inventory available.
The current owner has commitments to Elemis until Mar 20 for £457.50 per month, to finalise the purchase of the Elemis Biotec Machine and extensive Elemis Products as well as Free Staff Training at any Elemis Academy and full ongoing support as part of the Elemis Contract. The new owner would be required to take over these payments or pay the full amount outstanding (£3,660) for ownership of these items to be transferred. Otherwise these items will not form part of the sale.
If interested, please contact the seller through the form on this page.
12 months left on current lease, fully extendable
£15,000 per annum
Spacious ground floor and first floor
All necessary consents are in place
Many things are possible due to the location and size of premises
Medi Spa options, laser skin clinic etc
Hairdressing, sunbeds, gym, fitness classes etc
Opening longer hours
Opening Sundays especially throughout the summer
We are the largest Salon and Spa in Bridlington
The only Day Spa in Bridlington
The only Spa offering Fire and Ice Spa Days
Ill health and early retirement
Monday - Saturday
10am - 5pm
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