Highly rated Hair and Beauty Salon for sale
Shoreham-by-Sea, West Sussex
- Asking Price: £19,995 +SAV
We are advised as per the 2020 accounts, the business generated a turnover in the region of £32,000. Full financials can be made available upon further request.
Please quote reference B06300
- Tenure: Leasehold
Please quote reference B06300
Hilton Smythe welcomes to the market a very well established Hair and Beauty Salon.
Identity Hair Salon was established over 10 years ago, with our client taking over in 2019, only now does the business come to market as our client is looking to relocate.
The deceptively large salon offers the full range of beauty and massage treatments along with 5 hairdressing stations, with 3 gold mirrors and 2 fully lit mirror.
The sale of the business includes the following equiptment -
- Beauty bed
- Waiting area seating
- Bespoke lighting
- Storage cabinet
- Children’s hair chair
- 3 backwashes with massage function
- Fully stocked kitchenette for client teas and coffees
- A range of hairdryers and heated styling tools
- UV Steriliser
- Brand new hair processor
- Brand new security alarm system
- PC & safe
- Washer dryer combo unit
A full range of treatments are available including manicures, pedicures, waxing, eyebrow shaping, eyelash tinting and massage therapy. There is currently 1 fully fitted beauty room, however the unused garage space could easily be converted to increase the number of rooms to 3, or into a separate children's salon to support this incredibly popular side of the business.
Our client currently uses Yell.com, Facebook, Instagram Google and the business website to predominantly advertise where they are. The salon business Facebook page has over 850 followers and is continuously growing.
The business currently generates a turnover in the region of £45,000. There is ample scope to increase the already thriving turnover, including utilizing modern marketing schemes such as Groupon and Treatwell, employing more staff members or renting out space.
There are currently 2 Nail Technicians renting space on the salon floor and 2 Aesthetic Beauticians renting the therapy room.
This is fast becoming 1 of the most important times in Shoreham’s history, with what has been projected as 300% of increase in the number of people living within walking distances of all the amenities. Any new owner would be best to capitalise on this opportunity and buy this beautiful business now.
Our client is keen to attract a quick sale which is being reflected in the very low asking price.
Early viewing comes highly recommended so as not to be disappointed.
We are advised that the business has 2 part-time Senior Stylist and 1 part-time Stylist. There is also 1 part-time beauty therapist who also manages front of house and the owner is also a part-time massage therapist.
The business hours are -
Monday – Saturday 9.30 - 6pm for nails, massage and aesthetic beauty
Tuesday – Thursday 9.30 – 5.30pm for hairdressing
Identity Hair Salon enjoys one of the prime trading positions on the High Street in Shoreham-by-Sea, West Sussex.
This busy parade of shops has become an eclectic mix of bars, cafes, restaurants, banks and building societies, quirky independent retailers and antique shops with several high street DIY stores and supermarkets located on the main road leading into Shoreham itself.
Shoreham is currently undergoing millions of pounds of new investment mainly driven by the increased need for both luxury and affordable housing caused by the overspill from nearby Brighton which is only 7 miles East. There has recently been permission granted for over 500 new homes at Shoreham Harbour with many other similar builders looking for new plots of land which may look over the River Adur, Shoreham Harbour and English Channel.
The business benefits from having several pay and display car parks within 2 minutes’ walk, free parking on the same street and a busy bus stop located just across, linking commuters from Worthing to Brighton.
Shoreham mainline station is also 2 minutes’ walk from the business, allowing both tourists and commuters to reach central London in approximately 1 hour 15 minutes.
We are advised the usable floor area is 82.75m2
Ground Floor -
- L shaped Reception desk
- 5 hair stations, 3 with ornate gold mirrors and 2 with fully lit bespoke mirrors
- 3 Relaxing backwash units, colour storage and staff kitchen
- A new security alarm has been fitted with CCTV: 'The downstairs of the property including the therapy room have recently been redecorated'.
- Client toilet with standard white sink with cupboard underneath.
- Treatment bed, sink unit, bespoke lighting and waxing equipment.
- Currently just used for storage but could quite easily be converted into two more beauty rooms. Currently has the washer/dryer.
We are advised that the business is being sold on a Leasehold basis, with 2 years remaining on the 15 year lease. The rent is £1,250 per month.