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Thriving Specialist Children’s Hair Salon

Leamington Spa, Warwickshire

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For Sale

£38,999 +SAV

Ref: B05872

Leasehold

Overview

Please Quote Reference B05872

Hilton Smythe are pleased to have been given the opportunity to manage the sale of Mopp Heads which is a well established Hair salon with a renowned reputation amongst local residents. This is a superb opportunity to take on a well known local business in an area teeming with customers.

Mopp Heads was founded by the current owner eight years ago when he identified a gap in the market and has been a real labour of love for him, accruing many regular customers and a burgeoning reputation.

The business is now being sold, albeit reluctantly and with a heavy heart only due to the owners wish to enjoy a well earned retirement.  He is keen to see his beloved hair salon pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

Mopp Heads provides a specialist Children’s hair salon to clients throughout Leamington and the surrounding towns and villages. The business has an impressive number of regular customers, many of whom are known on a first name basis by the current owner who is a popular and well respected member of the local community.

The sale will include the company Facebook page and the business enjoys great visibility on the internet via websites such as freeindex.co.uk, yell.com, beautynailhairsalons.com etc.

The business benefits from really great reviews online.

Scope to improve

  • Advertising and marketing campaign
  • Maximise the use of social media particularly Twitter and Instagram
  • Website, ideally with an online booking facility
  • Employ an additional stylist and apprentice
  • Extend the opening hours
  • Introduce children’s make over parties
Reasons to buy

  • A well established business with an enviable reputation and many existing customers
  • Low running costs with inexpensive rent and no business rates
  • Little or no competition locally
  • Current owner happy to offer a handover to ensure the continued success
  • Ideal owner managed or partnership business
Hilton Smythe highly advise early viewing to avoid disappointment

Turnover
Mopp Heads generates an advised current turnover of circa £30,000 per annum but it needs to be appreciated that the business is currently being run at a pace to suit.

For Further Information please contact Hilton Smythe quoting reference B05872

The business is run and managed by our client.

Monday Closed

Tuesday to Saturday 09.30 – 17.00

Sunday by appointment only

Mopp Heads is located in Leamington Spa.

Royal Leamington Spa is a beautiful and prosperous town and located in the heart of Warwickshire. With a population of around 50,000 the towns growth was largely due to the natural springs that were discovered and commercialised in the nineteenth century.

Wide boulevards, stunning architecture and award winning parks provide a sophisticated backdrop to this Regency town. Often described as ‘the best bits of London’, all in a ten minute walk, Leamington town centre combines a treasure trove of independent, specialist boutiques alongside High Street brands. With an impressive array of entertainment venues and restaurants plus some of the country’s best spas and salons this makes Leamington one of the most appealing towns in the UK.

Mopp Heads is situated just off the main shopping centre of the town and thus benefits from high levels of footfall and passing trade. The business is nicely presented and maintained with clear visible signage and distinctive livery. There is free on street parking close to the premises.

Mopp Heads occupies the ground floor of an attractive, period style property and briefly comprises:

Salon

Windows and glazed door to front creating a light, airy and inviting interior, wood effect flooring, 2 hair stations each with chair mirror and electrical sockets etc, sofa for waiting customers, spotlighting.

Store Room

Useful store room offering potential to convert to a treatment room, tongue and groove wood panelling to ceiling.

Vestibule Area

Vinyl tile effect flooring, plumbing for washing machine.

Tenure
We are advised that Mopp Heads is being sold as a leasehold business opportunity.

The existing lease is arranged on a monthly rolling and we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The current rent is £6760 per annum which is really reasonable given the size and location of the premises.

We are advised that the business benefits from being exempt from business rates.

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