Thriving Beauty Salon & Nail Bar Based in York

York, North Yorkshire
REF: INT3272

Asking Price:
£95,000
Annual Turnover:
£88,970
Annual Net Profit:
£47,517
REF: INT3272
Photo of Thriving Beauty Salon & Nail Bar Based in York
Photo of Thriving Beauty Salon & Nail Bar Based in York
Photo of Thriving Beauty Salon & Nail Bar Based in York
Photo of Thriving Beauty Salon & Nail Bar Based in York

Overview

Tenure:
Leasehold
Established:
2019
  • Excellent Reputation
  • Huge Growth Potential
  • Low Overheads
  • Well Equipped Business
  • Equipment Included

This successful and well-established beauty salon has been serving the York area for over 5 years, gaining a loyal clientele and a stellar reputation.

The salon operates with a skilled team of professionals offering an extensive range of treatments, including eyelash extensions, LVL, microblading, nail extensions, manicures, pedicures, waxing, eye treatments, massages, facials, and body treatments.

Situated in a prime location, the salon benefits from a strong and loyal customer base, with an impressive 80% client retention rate. Customers typically return every 2-6 weeks, ensuring a steady flow of business.

The salon's consistent demand has been driven by word-of-mouth referrals and repeat customers, without the need for formal marketing. It boasts a 5-star Google rating, a testament to its high level of service and customer satisfaction.

The clientele is diverse, predominantly women with a number of male clients. The salon is known for its excellent customer service, dedication to staff development through regular appraisals, and maintaining a professional, welcoming appearance.

This presents an ideal opportunity for anyone seeking a turnkey business with strong growth potential. A transition period can be arranged to ensure a smooth handover.

Situated in York, the salon attracts clients from various areas, with many coming from the Heworth neighbourhood. 6 self-employed professionals work flexible hours to suit their appointments and schedules.

The venue features large bay windows and prominent glass signage above the entrance. As you walk in, there is a spacious main area with 4 nail desks, with room to accommodate more if needed. Off the corridor are 3 treatment rooms, and at the end of the corridor is a pedicure area that leads to a kitchen and a W/C. There is also a back door providing access to the rear of the premises.

The salon is designed with neutral, relaxing décor and includes a striking curved wall at the front, featuring a mural. An inventory of equipment and supplies can be provided as negotiated.

The landlord is open to discussing lease terms with potential buyers, as the current lease is set to end in August.

Although the salon has thrived without advertising, introducing a targeted marketing strategy presents a major opportunity for growth. By leveraging both local and digital marketing, the business could attract a wider audience, reaching potential clients beyond its current customer base, especially in other areas around York.

Expanding the range of services and treatments would also boost the salon's appeal and increase revenue, drawing in both existing clients and new customers. The space is versatile enough to accommodate these additions, making it an ideal setting for further business development.

With effective marketing and an expanded team to meet growing demand, the salon could scale quickly by offering more services and increasing its staff. This would not only drive revenue growth but also establish the business as a top destination for beauty and wellness in the York area.

Features

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Location

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  • Close to Local Businesses
  • Nearby Car Parking

Property

Annual Rent
£15,050
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Year)
2025
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
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Annual Net Profit
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Stock at Valuation
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Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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