Busy Hair Salon with Beauty Room
Glasgow, City of Glasgow
- Asking Price: £16,000 +SAV
Fusco`s Hair Design generated an advised turnover of circa £31,000 as of the 2018 accounts.
- Tenure: Leasehold
Hilton Smythe is delighted to welcome to the market this well-established and very popular unisex hair salon business in Glasgow, Scotland. The business was established in 1950 and has been in our client`s careful ownership since 2017. Only now is the business being offered to the market due to our client living overseas. The business operates 6 days per week and according to the 2017 accounts, generates a turnover in the region of £31,073 per annum.
Our client offers unisex hairdressing services, including colouring, cutting and much more! The premises are well-equipped to suit the trade and have been newly fitted to a high standard throughout costing around £40,000.
The property boasts a spacious salon area with a reception area, 6 workstations and two backwashes. The business has an excellent reputation within the area for the high quality of services offered, which has resulted in a very loyal client base, with a lot of repeat trade and word of mouth referrals.
We feel the turnover could be increased by being run by a hands-on Owner/Manager. In addition, there is a separate beauty room, currently unused, but could be let out to a Beautician to bring in additional revenue. A new owner could also embark on a small marketing campaign to promote the business and the services offered to new customers.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early viewing must come highly recommended.
The business is currently run and managed by the two members of staff as our client is current living overseas
The business currently opens:-
Monday, Tuesday, Wednesday 9.30am to 5.30pm
Thursday 9.30am to 8.00pm
Friday 9.30am to 6.00pm
Saturday 9.30am to 5.00pm
Fusco`s Hair Design Ltd occupies substantial ground floor premises, ideally located on a very busy main road in the City of Glasgow, Scotland.
The premises benefit from ample parking facilities within the vicinity and are surrounded by a range of complementary shops and businesses, therefore benefitting from a vast amount of footfall and passing trade. Glasgow is the largest city in Scotland and the fourth largest in the United Kingdom, after London, Birmingham and Leeds. As of the 2011 census, the city had a population density of 3,395 people per square kilometre.
The business is opposite Cambridge Street car park and just a two minute walk from Cowcaddens underground station. The area of the business is well served by the public transport system, with several bus stops within close proximity to the property.
The nearest railway station is less than a mile away from the business. The area is also well served by the A-roads and motorway system, with the M8 within easy driving distance. Paisley is approximately 9½ miles away and East Kilbride is 11 miles away.
Ground floor, mid-parade, lock-up premises, briefly comprising:
Main salon area with:
- Reception area
- 6 Cutting stations
- 2 Mani-pedi stations
- Beauty room
- Staff room,
- Bespoke reception and product displays
- 2 Large client televisions
- 2 Back wash stations
Promotional videos and material
Social media accounts
To the rear: Small kitchen area. WC with wash hand basin.
External: Good signage.
We are advised the business is being sold as a Leasehold.
Original lease length: 10 years.
Remaining lease length: 7 years as of 2019.
Rent: £15,900 per annum.
No Business Rates