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Archived

Well Established Hair Salon For Sale

West Sussex

  • Asking Price: £140,000 +SAV
  • Turnover: We are advised the business generated a turnover of circa £180,000 as of 2020, further financial information can be made available upon request.

    Please quote reference B06262

  • Tenure: Leasehold

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Please quote reference B06262

Hilton Smythe are pleased to have been given the opportunity to manage the sale of this wonderful business which is a well-established Hair & Beauty 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.

The business has been a real labour of love for them, and they have strived to make it probably one of best, if not the best, businesses of its type in the area. The business benefits from an impressive number of regular customers, most of whom are known on a first name basis by the owners who are popular and well-respected members of the local community. Additionally, the business enjoys a fantastic reputation.

The business is now being sold only due to a wish to take a well-earned, retirement. The vendors have enjoyed a very good living from the business. The vendors are keen to see their beloved hairdressing business pass to an ambitious and entrepreneurial new owner(s) who can take this already thriving business to the next level.

Scope to improve

  • Advertising and marketing campaign, much of the current business comes from existing customers and word of mouth referrals
  • Introduce a range of additional beauty treatments, a major benefit of this business is the size of the premises and room to expand without impacting on the current business
  • The premises offer subletting possibilities to other complimentary businesses
Reasons to buy

  • A well-established business with an enviable reputation and many existing customers
  • Prime trading position in the centre of town with loads of footfall
  • Stunning period premises which have been sympathetically restored retaining many original features
  • There may be the possibility of purchasing the freehold
  • Current owners happy to offer a handover to ensure the continued success
Hilton Smythe highly advise early enquiry to avoid disappointment!

This lovely business is likely to attract considerable interest.

Available upon further discussions. 

Available upon further discussions. 

The business is beautifully presented and fastidiously maintained with clear visible signage.

There are a number of inexpensive public car parks within easy walking distance along with on street parking in the roads and streets surrounding the premises.

The premises are light and airy throughout and ideally suited to the trade with real wood flooring and original period sash windows. The building retains many original features and has a pleasing upmarket feel.

One of the top rooms is sublet to a complimentary  business and commands a rent of £10,000 per annum which would go some way to offsetting the rent on the business.

Tenure
We are advised the business is being sold on a Leasehold bases with a new Lease to be agreed with the owners.

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