Well established Hair Salon business for sale
- Asking Price: £249,999 +SAV
We are advised as per the 2020 accounts, the buisness generated a turnover in the region of £390,000. Full financials can be made available upon further request.
Please quote reference B06126
- Tenure: Leasehold
Please quote reference B06126
Hilton Smythe is delighted to introduce to the market a well established Hair Salon in Surrey. The business was initially established over 35 years ago, only now does the business come to market due to our client relocating overseas.
This salon is extremely highly rated and well known in the area with great support from the local community. The recent accounts show the business reports a healthy turnover and a projected turnover for 2021 of £390,000. The salon offers a host of professional hair services to clients of all ages. The salon also stocks an excellent range of branded hair products which is promoted to clients to suit their hairstyle and type.
The business is a beautifully presented salon with stylish décor and high quality, modern-day equipment to suit the trade.
Boasting outstanding reviews, the business would be suitable for anyone looking to run their own already well-established salon.
The premises has a separate flat above the salon, which is included in the lease. The flat is set above the salon with a separate entrance to the rear. If the accommodation is not required by the purchaser, there is the option to rent out to generate extra income in the range of £1,450 pcm, the flat currently has a tenant on a 6-month agreement at this rental figure.
Early viewings for this long established and reputable business is highly recommended. The business comes fully equipped with an enviable client base. This really is an outstanding turn-key business opportunity.
We are advised that the business has staff members in place.
The business is trading 6 days a week.
The salon is located in a central trading position in Surrey.
The busy parade of shops includes high street banks, post offices, grocery stores including Sainsbury's, independent retailers, large multi storey car parks, council offices and limited free parking within the proximity.
The premise is beautifully presented throughout. The large windows to the front allow for a bright working space. The salon is bursting with character and boasts a unique style with an array of bespoke ornamental furniture and equipment.
Ground floor briefly comprising of: -
Reception area/waiting area. This area has a large bespoke service counter with product shelving. Past the reception is the main salon space, with the backwash systems to the rear of the premises.
1st floor (flat): -
Modern and stylish flat with 1 bedroom, lounge, bathroom, and kitchen.
The following assets are also included in the sale -
- Bespoke lighting and furniture
- Backwash systems
- Client base
- Social media accounts
We are advised that the business is being sold on a Leasehold basis, with 2 years remaining on the 5 year lease. The rent is £2,750 per month, and has £4,000 rates payable.