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£0 £1000000

Beautifully Presented Salon

Lancashire

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For Sale

£44,995 +SAV

Ref: B05788

Leasehold

Overview

Please Quote Reference B05788

Hilton Smythe is delighted to introduce to the market a beautifully presented hair salon. The business has been established for over 20 years now comes to the market, with our client looking to retire.

The salon currently offers Shampoo, Cutting, Finishing, Hair Pin Up Styles, Permanent Colour, Colour Change, Semi-Permanent Colour. Hair extension fitting and make up sets. There is ample space to add more beauty treatments including a nail bar and make up station which is currently rented at a daily rate.

This Leasehold unisex salon is very well known in the area with great support from the local community, with a high volume of repeat clientele.

The premises are beautifully presented with stylish décor with a good level of modern-day equipment to suit the trade. The salon has lots of word of mouth recommendations along with a loyal and regular client base.

The salon is voted in the top 3 in the area! with an excellent 5 star google rating with customers stating ‘Very friendly and professional Salon. Would definitely recommend’ and ‘Excellent job at good price always with a smile’. Our client is also offering a hand over period to ensure the continued success of the business.

The business has been operated by our client single handed, therefore there is ample scope to improve the already thriving turnover, such as employing staff, renting out chairs, pushing advertising, leaflet drops, and creating marketing accounts such as treatwell.

The business already has highly active social media accounts and website.

The salon currently has three staff which our client expects to continue as is:

  • One full time apprentice.
  • One part time receptionist.
  • One part time Saturday & Friday evening girl (still at school).
Early viewing is highly recommended. Viewings are by appointment only, please contact Hilton Smythe for further details.

Turnover
The business reports a turnover of £91,000 as per the 2018 accounts. For further information quote reference B05788.

The business currently employs one full time apprentice, one part time receptionist and a part time Saturday and Friday evening girl (still at school).

Makeup artist renting the beauty station.

Monday - Friday   10.00 – 19.00

Saturday   09.30 - 17.00

The business is located in Lancashire.

The business is surrounded by a wealth of complimentary shops and businesses benefitting from a high volume of footfall and passing trade.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

The area is also well served by the A-roads.

Well-presented Salon with excellent eye – catching signage. Due to the location, the business has a high volume of footfall. There is also ample free street parking.

Ground floor;

The salon is fully equipped to suit the trade. The sale includes:

  • 2 Back wash basins.
  • 4 ladies hair stations and chairs.
  • Reception counter.
  • Till.
  • Make up station and nail bar.
  • Rear kitchenette with storage.
  • WC.
  • Mirrors.
1st floor;

  • 1 bed self-contained flat (currently has a sitting tenant on a rolling tenancy agreement).
  • Potential living accommodation should the purchaser desire.
The premises are up to date with fire and safety regulations, with cctv and an external roller shutter.

The rear of the premises has a secure yard used for parking with a rolling garage door.

Tenure
A new 5-year lease is being offered (term negotiable).

The annual rent is £15,900.

The business further benefits from being rates exempt.

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