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Hairdresser / Barber Shop for sale

New Road,Milnathort,Kinross,KY13

61 sq. m. | £76,500

Property Description

Commercial information

  • Business for sale
  • 666 sq ft (61 sq m)

Key features

  • REF: 2832
  • FREEHOLD

Full description

Tenure: Freehold

LOCATION
The Zen Zone occupies substantial ground floor premises, ideally located within the small town of Milnathort in Perth & Kinross. The business is surrounded by a mix of commercial and residential properties, from which the business derives much of its trade. The property is located on the busy A911, therefore the business benefits from a high volume of footfall and passing trade. The business further benefits from free on-street parking to the front of the premises.

Milnathort is a small town in the parish of Orwell. It is the smaller neighbour of nearby Kinross and has a population of approximately 2,000 residents. The town is situated amidst picturesque countryside at the foot of the Ochil Hills, near the north shore of Loch Leven. Amenities within the town include a primary school, traditional pubs and cafes and a shop which sells renowned ice cream.

The area of the business is served by the public transport system, with bus stops within easy walking distance of the property. The nearest railway station is in Dunfermline, approximately 10 miles away. The area is also well served by the A-roads, with the business being situated on the A911 and the A91 within a short distance, which links to the national A-road and motorway networks. Perth is approximately 16 miles away and Stirling is 24 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this popular beauty salon, ideally located within the town of Milnathort, Perth & Kinross.

The business was established by our client in 2002 and is only now being offered to the market due to our client's desire to move abroad. The business operates 4 days per week and generates a turnover in the region of 45,000 per annum, with a gross profit of approximately 76%.

Our client offers a wide variety of beauty treatments including massage, reflexology, spray tans, nails, waxing, facials, Indian head massage, and botox, which is through a GP. The business has built up an enviable reputation within the area for the high quality of the services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We are advised that a new retirement flat development will soon be built in the area, as well as an upmarket school. This popular beauty salon is unopposed within the town, the nearest salon is approximately two miles away. We feel the business could boost turnover by expanding the salon into a hair salon.

We feel there is scope to increase the turnover by extending the opening hours, as the business is currently closed on Mondays and Tuesdays. A new owner could also embark on a modest marketing campaign to highlight the services offered. There is also scope to increase the range of beauty treatments offered, as well as offering a mobile service.

This is an excellent opportunity for a new owner to take this already popular beauty salon to the next level; therefore early viewing must come highly recommended to avoid disappointment.

PREMISES
Substantial ground floor premises, briefly comprising:

Main salon area with:

Well-presented reception area.
Bespoke reception desk.
Comfortable seating area.
Shelving for beauty products.

Corridor to treatment rooms.

Room 1 with: treatment bed and product storage.
Room 2 with: treatment bed.
Room 3 with: treatment bed, shower room and product storage.

WC.
Kitchen area with storage.

Equipment:

3 x hydraulic treatment beds.
Nail station.
2 x magnifying lamps.
2 x spray tan kits with tents.
2 x hot stone units.
All fixtures and fittings included.

External:

Very well signed.

TENURE
We are advised Ownership.

HOURS
The business is open:

Monday - Tuesday: Closed
Wednesday - Friday: 10.00am - 8.00pm
Saturday: 9.00am - 5.00pm
Sunday: 12.00pm - 5.00pm

STAFF
The business is owner run and managed with 1 x full time and 1 x part time staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of 45,000 per annum, with a gross profit of approximately 76%.

Map & Street View

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