Archived
Well Established Hair Salon For Sale
Newcastle-under-Lyme, Staffordshire
- Asking Price: £29,995 +SAV
-
Turnover:
We are advised the business generated a turnover of circa £30,000 as of 2019.
Please quote reference B06285
- Tenure: Leasehold
Please quote reference B06286
Hilton Smythe is delighted to present to the market a small but fully equipped hair and beauty salon opportunity with over 8 years trading history in this very desirable location.
Eshanyas Hair is now being offered for sale due to the main stylist now looking to relocate however our client has advised she will continue to work on a part time basis to help with the smooth transition to any new owner.
The salon currently only employs one stylist however there are two styling positions available which would allow this to increase as a fully equipped beauty room which is not currently being used.
We are advised the current stylist offers a full range of hairdressing services, including -
- Hair cutting, restyles, blow dry’s and colouring
- Ladies & gents cutting
- Hair up, party and wedding hair
Many local salons use their website to work in conjunction with their booking system, allowing clients to book on-line or re-arrange if need be by text.
The rear beauty room could either be rented out to a self-employed therapist, used by an employed therapist or used as an additional space for hairdressing if any new owner wanted to extend.
We are advised a new lease will be offered.
Key selling points -
- Desirable location
- Low running costs
- Potential to expand
- Free car park
- Busy link road
- Proof of turnover provided
- Ideal first business opportunity
- Nil business rates
- Fully equipped salon space
- Option to increase opening hours
- Handover period offered
Main Salon -
- Reception desk
- Wash basin & seat
- Salon chairs x 2
- Salon mirrors x 2
- Small sofa
- Small table
- Storage cupboard
- Trolley
- Hooded dryer
- Hair dryer processor / accelerator
- Massage table
- Range of kitchen units
- Small sink
- Facial steamer
The business is currently run by 1 part time member of staff.
The business trading hours are as followed:
Monday - Closed
Tuesday & Wednesday - 09:00am - 17:00pm
Thursday - 09:00am - 19:00pm
Friday & Saturday - 09:00am - 17:00pm
Sunday - Closed
Eshanyas Hair Salon occupies a desirable salon unit within the Station Stores building in Baldwins Gate, Newcastle.
The salon is surrounded by a choice of complementary businesses which included the community store itself, the Street Anchor bar & restaurant, local surgery, butchers, village hall, church & garage.
Baldwins gate has become a much sought-after area due to its semi-rural location and close connection to both the A53 and M6 north/south motorway.
Newcastle Road (A53) acts as the main link road from Shrewsbury/Market Drayton in the south, up to the centre of Newcastle in the north.
The business benefits from a free client car park to the rear of the property.
Ground Floor -
- Main salon - includes 2 hair styling stations, client waiting area, single backwash unit
- Beauty room
- Shared kitchen/toilet facilities
Tenure
A new lease is to be negotated with a new buyer
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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
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