_Business_
_Please quote reference B07385_
Hilton Smythe are delighted to welcome to the market Aspects of Beauty
(Colchester) Limited, a highly rated beauty salon in Colchester.
Aspects of Beauty (Colchester) Limited was first established in 1998, with our
client taking ownership in 2011. The business has built up an excellent
reputation and loyal client base during their time of ownership. As seen by
online ratings and reviews, the business is extremely popular within the local
area.
The business has now come to the open market due to our clients desire to
retire.
The business, which is the longest established beauty business in Colchester
takes great pride on providing a range of treatments for both women and men
including;
* Body Massage
* Hot stone massage
* Warm bamboo massage
* Pregnancy massage
* Body espa Holistic Treatments
* Caci microcurrent
* Eyes and Brows
* Pedicures/Manicures
* Gel nails
* Lash extensions
* Nail extensions
* Facials
* Environ Facials
* LED Light Therapy
* Chemical peels
* Waxing and Electrolysis
* Laser Hair Removal
* Medical Micro Needling
* Microdermabrasion
* Plasma Cosmetic Corrector
The business has a mixed clientele with 60% women’s treatments and 40% men’s
and also offers training courses for junior therapists. The business also
sells a range of products via its e - commerce website.
Aspects of Beauty enjoys good visibility online and benefits from impressive
reviews such as;
* “Fantastic service, peaceful and relaxing environment “
* “Brilliant massage and lovely set of gel nails plus a little gift for my birthday. Thank you very much. Very calming environment. Will be back again soon”
* “Amazing customer service, the staff are very polite and welcoming. Highly recommended'
Across all thier social media accounts, the business has a following of over
2, 000.
Key selling points -
* A well established business with an enviable reputation and many existing customers
* Prime trading position in the centre of Colchester with loads of footfall
* Current owner happy to offer a handover to ensure the continued success of the business
* Ideal owner managed or partnership business
* A real opportunity to increase turnover and profits significantly, current owner has been running at a pace to suit
* Potential living accommodation for a new owner if required (and subject to normal planning permissions)
Scope to improve -
* Advertising and Marketing campaign
* Invest in seo and ppc to drive customers to the company website
* Extend the opening hours/days currently trading for 5 days at moment
* Increase the range of products sold online ( massive potential) – Owner recently paid to have e commerce shop on website sales so far are from non clients but searching product
* Reintroduce Hair services
* Reinstate coffee shop which proved very successful previously – reinstate afternoon teas
* Consider converting top floor to a hair studio or sublet to a complimentary business
* Introduction of treatments not offered
_Location_
Aspects of Beauty (Colchester) Limited is located on Osborne Street in
Colchester.
The business is well signed and receives high levels of footfall and passing
trade.
There are 4 inexpensive public car parks within easy walking distance of the
business.
_Premises_
Ground floor -
* Generous reception area, 2 treatment rooms, WC, 2 manicure bespoke quartz stations and a pedicure station.
* Treatment room 1 with patio doors to garden.
* Treatment room 2 – unisex disabled toilet with patio doors leading to courtyard garden.
* Large cellar - used as storage for stock.
First floor -
* 3 Treatment rooms (1 double)
* Kitchen facilities
* Male and female toilets
Second floor -
* Formerly a studio flat and offering potential conversion back if required.
* Currently offers a double treatment room, kitchen, WC and shower.
External -
* The business is beautifully presented and fastidiously maintained with a pleasing upmarket feel.
* There is a courtyard adjoining the Roman walls of Colchester
_Tenure_
We are advised that the business is being sold on a Leasehold basis, currently
on a 10 year lease. The rent is £18, 000 per annum, with rates payable at
£2, 300 per annum.
_Hours_
The current trading hours are -
Monday – Closed
Tuesday to Thursday – 9: 00am – 7: 30pm
Friday to Saturday – 9: 00am – 6: 00pm
Sunday – Closed
_Staff_
We are advised that the business is run and managed by our client, with the
help of 4 full - time members of staff, who are all trained on all treatments.
_Financial Profile_
We are advised as per the 2022 accounts, the business generated a turnover in
the region of £220, 000. Further financials can be made available upon request.

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