Fully Staffed 5 Treatment Room, Award Winning Beauty Salon, Edinburgh Ref. 2805

Leasehold £99,500

    3703

This is a great opportunity to acquire a profitable spacious beauty salon in the centre of Edinburgh.

One of the top rated beauty salons in Edinburgh it is fully operated by a mixture of employed and self employed therapists with the owner only managing the business.

With low overheads and no rates to pay this is a profitable business which generates an annual profit for the owner of between £40,000 and £45,000 with significant potential to increase profits.

Equipment including laser hair removal and CACI machines which in total cost over £70,000 included in sale.


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Staff
Staff run business with mixture or part-time staff some employed some self employed.
Tenure
The property is leasehold. Rent is £12,500. Lease runs until 2031 but can be extended. Rateable value only £9,100 so qualifies for 100% rates relief so no rates are payable.
Premises
High quality fit out and fully equipped with 5 good sized treatment rooms together with a large reception area which has space to retail beauty products and for two nail bars. The premises extend over two levels to 84m2 (887sqft) and internally, the property has been refurbished with new flooring, electrics, lighting and decoration.
Financial information
This is a profitable business which generates an annual profit for the owner, who does not work in the business, of between £40,000 and £45,000 with significant potential to increase profits either with more staff or an owner who wants to work in the business as a therapist. Equipment including laser hair removal and CACI machines which in total cost over £70,000 included in sale.