For Sale
Extremely well established Hairdressing for sale
West Midlands , West Midlands
- Asking Price: £14,000 +SAV
-
Turnover:
Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07633
CoGoGo are pleased to have been given the opportunity to manage the sale of Style O's Hair Studio which is a well established Hairdressing business with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular and profitable local business in an area teeming with customers
The business was founded over 30 years ago during which time it has accrued an impressive number of regular customers and a great reputation.
This great little business is now being sold, albeit reluctantly and with a heavy heart only due to the current owners wish to pursue a change of direction, she is keen to see her beloved hair salon pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.
Style O's Hair Studio offers a wide range of hair treatments and services in a relaxed and friendly environment. The business prides itself on its range of services and treatments and provides friendly advice on everything required to keep their customers hair beautiful and in top condition. Services include;
- Ladies haircuts and styling
- Cut and blow dry
- Hair straightening
- Wedding, Evening Hair Up and Prom hair
- Colour work using Igora Schwarzkopf treatments
- Restyles
- Perms
- Highlights
- Lowlights
- Balayage
- Root Stains
- Toners
- Curls and French Plaits
Key selling points -
- A well established business with an enviable reputation and many existing customers
- Low running costs with inexpensive rent and no business rates
- All fixtures and fittings included making this a real Turnkey business
- Prime trading position just off the busy High Street
- Ideal owner managed or partnership business.
- Advertising and marketing campaign. A local leaflet drop usually yields good results
- Maximise the use of social media
- Introduce a range of complementary beauty treatments perhaps nails or brows
- Extend the opening hours
We are advised that the business is staffed.
The current trading hours are -
Monday - Closed
Tuesday to Friday - 9:00am - 4:00pm
Saturday - 9:00am - 2:00pm
Sunday - Closed
Style O's Hair Studio is located on Heathfield Road, in the Kings Heath area of Birmingham.
The salon sits alongside other complimentary retail businesses and thus benefits from high levels of footfall and passing trade. The business is nicely presented and maintained with clear visible signage.
There is free on street parking in the roads and streets surrounding the premises.
Salon area -
- Reception desk
- Customer waiting area
- 3 Hair stations
- 1 Hood dryer
- Wheeled trolleys with drawers.
- Back wash with Mira Electric shower
- Built in storage unit
- Kitchen area
- Toilet and hand wash basin facilities
Tenure
We are advised that the business is being sold on a leasehold basis, with further information available upon request.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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