Under Offer
Highly rated Hair Salon business for sale
Welwyn Garden City, Hertfordshire
- Asking Price: £29,995 +SAV
-
Turnover:
We are advised as per the 2021 accounts, the business generated a turnover in the region of £92,000. Full financials can be made available upon further request.
Please quote reference B06635
- Tenure: Leasehold
Please quote reference B06635
Hilton Smythe is delighted to present to the market a prestigious ‘turn-key’ salon occupying one of Welwyn’s most sought after trading positions.
The business first opened its doors in 2018 following a £80,000 refurbishment, it is now being offered for sale due to our clients wish to concentrate on their other business interests.
Our clients advise the unit was just a shell when they took over, their design experience and flair is clear to see in the business photographs attached.
They offer the following services -
- Highlights
- Babylights
- Balayage
- Foilayage
- Face framing
- Colour melt
- Ladies cut & finish (form £35 upwards)
- Restyle (from £40 upwards)
- Children (£20 upwards)
- Blow Dry (£16 upwards)
- Male grooming £25 upwards)
- Brazilian Blowout (£195 upwards)
- Colouring (£25 upwards)
- Hair extensions
- Brows & lashes
Key selling points -
- Excellent location
- High end refit recently completed
- Opportunity to add both Treatwell and Groupon
- Opportunity to offer chair rental
- Business handover offered
- Full client database
- Olaplex & Kerastase stockists
- Opportunity to add more beauty treatments
Very rarely do salons of this standard or location come on to the open market and we therefore highly recommend early viewing to avoid disappointment.
We are advised that the business has 2 full-time members of staff.
The business hours are -
Monday – Closed
Tuesday – 9:00am – 6:00pm
Wednesday – 11:00am – 8:00pm
Thursday – 11:00am – 8:00pm
Friday – 9:00am – 6:00pm
Saturday – 8:30am – 5:00pm
Sunday - Closed
The business occupies a highly prominent trading position on Howardsgate in Welwyn Garden City.
Howardsgate is one of the most desirable streets within the heart of Welwyn town centre and is accessed just off Parkway with its manicured garden space/Coronation fountain. The business is surrounded by key destination brands such as John Lewis, Cote, Sainsburys & Halifax building society.
The area offers an excellent choice of bars and restaurants.
Welwyn Garden City is a thriving town within Hertfordshire, located just 20 miles north of London.
It was the second garden city created in England and was founded in 1920.
There are several pay and display car parks within walking distance.
The town's mainline train station located directly left of the salon.
Ground floor -
- Reception desk & client waiting area
- 6 x spacious hair styling stations
- 3 x backwash units
- Staff kitchen
- Bathroom
Tenure
We are advised that the business is being sold on a Leasehold basis, with 12 years remaining on the 15 year lease. The rent is £2,250 per month and has £7,393 rates payable.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
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
Rates may differ as they are dependent on individual circumstances. Subject to status.
