Extremely well established Hairdressing business for sale
- Asking Price: £375,000 +SAV
We are advised as per the 2020 accounts, the business generated a turnover in the region of £230,000, with an adjusted net profit in the region of £35,000. Full financials can be made available upon further request.
Please quote reference B06457
- Tenure: Freehold/Leasehold
Please quote reference B06457
Leasehold available at £115,000.
Hilton Smythe are pleased to be present in the sale of this very popular successful well-established hair salon. This is a unique opportunity to acquire a popular and profitable business.
The business was founded by current owner who is a well-known respected member of the community.
The business is being sold only due to the owner wishing to slow down with a view of retirement, a great opportunity for the right person to expand.
The sale of the business includes -
- All hair equipment
- Reception desk
- Computerised booking and till system
- Washing machine and dryer,
Services include Cuts, Colours, and Treatments.
The sale will include the company Facebook page and the business enjoys great visibility on the internet.
Scope to Improve -
- Advertising and marketing campaigns
- Maximise the use of social media, particularly Instagram and Twitter
- Extend the opening hours
- Website to extend services offered & online bookings
A well established business with desirable reputation. A long-standing client base. Low running costs with inexpensive rent. All fixtures and fittings Included. Prime trading position with a great deal of footfall ideal only managed or partnership business.
Hilton Smythe highly advises early enquiry to avoid disappointment.
We are advised that the business has full time and part time mebers of staff.
The business operates 6 days a week.
The business is situated on a busy thoroughfare with complimentary retail businesses. Easy parking.
Ground Floor - Windows and glazed door to front. Bespoke reception desk, waiting area, retail shelving area, multiple styling units, shampoo area, towel storage, electric water heater, stockroom, rest room and kitchen facilities.
Rear Salon - 3 x backwash, towel storage, triton water heaters, 4 x hair station, window to rear, suspended ceiling, large wall mounted mirror.
WC window to side, close coupled toilet, vanity unit with ceramic bowl
Door to secure yard and bin store
First Floor - Salon, Bay window to front, wood effect flooring, spotlighting, 2 x backwash, 4 x hair stations, nail bar.
Staff Room - Window to side, stainless steel sink and drainer with Triton water heater, generous run of worktop, space for fridge, perimeter shelving. Stock / Laundry room, window to rear, washing machine, Hotpoint dryer, Dexion type shelving.
We are advised that the business is being sold on both Freehold and Leasehold Options. The Leasehold is £115,000 + SAV, with a new lease to be negotiated and the rent at £17,500 per annum.