Highly rated Hair & Beauty Salon for sale
- Asking Price: £39,995 +SAV
We are advised as per the 2019 accounts, the business generated a turnover in the region of £90,000, with an adjusted net profit in the region of £10,000. Full financials can be made available upon further request.
Please quote reference B06328
- Tenure: Leasehold
Please quote reference B06328
Hilton Smythe is delighted to welcome to the market on a leasehold basis a well-established hair and beauty salon. The business has been under the careful and meticulous ownership of our client for the last 6 years and is only now on the market for sale as they look to exit the industry due to family commitments.
The business offers a host of hair and beauty treatments such as Cut and finish, blow dry, colours, highlights, makeup, waxing, lashes, eyebrow shaping and tinting, pedicures, manicures, facials, massage to name but a few. There is currently a team of 4 friendly staff that support the management, and the business sees a high amount of repeat trade and word of mouth recommendations, under new ownership there would be plenty of room for growth.
A full breakdown on all fixtures and fittings can be made available upon further request.
Currently there is 1 full time beauty therapist and 3 part time hair stylists, the current owner is also a beauty therapist and works 2 days a week and covers holidays.
We feel there is scope to increase the turnover by introducing some further treatments and undertaking a robust marketing campaign via local press and social media, along with further promotion of the dedicated website to help increase the client list. The current owner has also indicated that they would be happy to offer a handover / shadowing period for the new owner if required.
Very rarely do such well-established businesses come to the open market on a leasehold basis, therefore early viewings must come highly recommended to avoid disappointment.
We are advised that the business has 1 full-time and 4 part-time members of staff.
The business hours are -
Monday – Closed
Tuesday – 08:30 – 17:00
Wednesday - 08:30 - 17:00
Thursday - 08:30 – 18:00
Friday – 08:30 – 18:00
Saturday – 08:30 – 14:00
Sunday - Closed
The business is located on a busy road, and benefits from being surrounded by a host of complementary businesses leading to a good level of footfall and passing trade.
The town is well serviced in terms of local amenities with a range of individual shops, boutiques, cafes, public houses, hotels as well as retail, commercial, educational and leisure facilities.
The business is located in a bright and well-presented salon premises, and benefits from the main reception area, with two fully equipped beauty rooms, main hair salon area with four hairdressing stations, two back washes and feature mirrors. The premises also has a staff tearoom area with various kitchen equipment and w/c facilities.
The business has excellent signage and is easily visible to passing trade.
We are advised that the business is being sold on a Leasehold basis, with 5 years remaining on the 10 year lease. The rent is £540 per month.