Sold
Reputable Award Winning Salon For Sale
Glasgow,
- Asking Price: £89,995 +SAV
-
Turnover:
We are advised the business generated a turnover of circa £230,000, further financial information can be made available upon request.
Please quote reference B06448
- Tenure: Leasehold
Please quote reference B06448
Hilton Smythe is delighted to welcome to the market an opportunity to acquire an outstanding, award winning Hair & Beauty Salon, located in Glasgow’s Southside.
Gary Thomson Hairdressing has been trading for over 30 years and built up an enviable reputation not just locally but within the industry in general, a true testament to the hard work & dedication from the current owner, resulting in the high calibre of business on offer. The business is now being offered for sale due to our client wishing to leave the industry after many successful years of trading.
The salon offers a host of professional hair services to clients of all ages and also stocks an excellent range of branded hair products which is promoted to clients to suit their hairstyle and type.
The business is beautifully presented with stylish décor and high quality, modern-day equipment to suit the trade and further benefits from having an excellent and loyal team in place to assist with the day to day running of the salon.
We feel there is scope to increase turnover with the undertaking of a robust marketing campaign via local press, social media, and further promotion of the dedicated website, along with offering some further treatments and products.
This is a highly desirable business with an excellent business model in place and would be a very attractive proposition for either an individual or partnership looking for their first business in this sector which is already established, or for an experienced operator looking for an additional business with an attractive income stream.
All fixtures and fittings are to be included within the sale, along with the computerised system currently in use, along with an extensive database of 1500 + clients.
Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment.
The business is run and managed 6 full-time members of staff.
The business trading hours are as followed:
Monday - Closed
Tuesday - 09:00am - 17:30pm
Wednesday & Thursday - 09:00am - 19:30pm
Friday & Saturday - 09:00am - 17:30pm
Sunday - Closed
The business is located on the busy and thriving Battlefield Road, within the Mount Florida area on the southside of Glasgow, surrounded by a host of complementary local businesses, leading to a good amount of footfall, and passing trade.
The area is well serviced with a host of amenities including restaurants, delicatessens and bars nearby and in the popular Shawlands area. It further benefits from being situated close to Mount Florida station with a frequent service to Glasgow Central, with the local area being well serviced with a regular bus service to all other parts of the city.
The business is located in a traditional salon premises that is modern, fresh, and very well presented.
The salon is set over 2 floors with a waiting/reception area on the ground floor with coffee machine and cloakroom space, this leads to 5 styling stations and 2 backwash units then through the door to the laundry area, toilet, and staff room.
Upstairs are 5 more styling stations leading through to 2 more backwash units, a dispensary area/stock store and a storeroom housing the audio equipment along with more storage.
The salon can be found in true “turn-key” condition after an extensive programme of refurbishment over the last few years.
Tenure
We are advised the business is being sold on a Leasehold basis with 10 years remaining on the Lease, the rent is £833 per month.