Fully Equipped Edinburgh Hair Salon For Sale

Business description

Leasehold Modern Unisex Hair Salon in City of Edinburgh. Fully fitted and equipped to an excellent standard. Located on a busy main road with ample on-street parking. Ideal opportunity for hairdresser(s) to establish own business. Widespread reputation and client base with huge scope for expansion of services and extended hours to increase profits.

The subjects comprise retail premises on the ground and 3 basement floor areas, stone built tenement. The shop benefits from a fully glazed frontage and security alarmed.

The salon is finished in an excellent standard providing a reception area and waiting area, kitchen and WC with disabled access. There are five stylist positions with two backwash sinks and colour mixing bar. The basement provides a staffroom and staff WC with sub-basement area for extension of salon for either beauty rooms or styling positions. There is also a basement room area housing the water tank and ample storage.

The business has an established customer base with a varied clientele resulting in a high level of repeat custom being situated in a highly desirable residential catchment area and ideally located to benefit from passing trade. Viewing highly recommended as tremendous potential for further growth.

Included in the sale are goodwill, all furnishings and fittings, Salon computer system, climazone and many extras.

Financial documentation will be provided to interested parties after viewing. Income for 12 months to 31st July 2009 is £138,000.

The asking price is £40,000 or nearest offer.

Value of Stock, fixtures & fittings is an average of £9,000.

Also includes 2 year advertising from Nov 09 in busy Edinburgh shopping area that the current business owner has agreed. More information can be provided to seriously interested parties only.

Property information

Property:

Leasehold

Lease terms:

£12,500 pa includes VAT

Location:

Unisex Hair Salon in City of Edinburgh. Located on a busy main road with ample on-street parking.

Other information

Expansion potential:

The basement provides a substantial area for extension it offers an excellent potential to expand to accommodate more styling positions, beauty rooms or even other avenues to the business.

Competition / Market:

No direct competition.

Support & training:

The price includes advertsing for 2 years from Nov 09 in a busy Edinburgh shopping area that the current business owner has agreed. More information can be provided to seriously interested parties only.

Reasons for selling:

Family priorites and needing to concentrate on other business.

Furniture / Fixtures value:

£5,000 (included in the asking price)

Inventory / Stock value:

£4,000 (included in the asking price)