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A Main Road Hair Salon In Kimberley, Nottingham For Sale

Kimberley, Nottinghamshire, UK
Asking Price:
£24,950 Furniture / Fixtures included
Turnover:
£50K - £100K
Net Profit:
Available on request

Ellis & Ellis are proud to present this Main Road, Hair Salon in Kimberley 'For Sale'

This fun & unique children's and men's hair salon trades from conveniently located premises on Main Street in Kimberley, Nottingham. It is an attractive, light & bright salon catering mostly to children but also men's cuts in the specifically created barber's area at the rear of the salon.

Prior to opening just over a year ago, the premises were used as a ladies salon for almost 30 years. With limited competition in the area (and none in the immediate vicinity) and plumbing in place, there is potential to revert the premises back to a ladies salon if desired.

With a £20,000 fit-out just over a year ago, the salon has received lots of positive customer reviews for both its services and environment.

There is scope to grow the business further by opening Monday & Tuesday, adding hair braiding to the services, and also by utilising the multiple stations through increased staff levels or simply renting out chairs.


Key Information:

Sales: We are advised these are in the region of £50,000 per annum.
Product: To be taken at valuation. Expected to be modest.
Trading Hours: Wednesday, Thursday & Friday, 9 a.m.–6:00 6:00pm, Saturday, 8:30 a.m.–4 p.m.
Staff. 1 part-time senior plus 1 Junior (Fridays & Saturdays).
Tenure. Leasehold

For details of rent and rates payable and specific details of the accommodation and location of the business, please request the full sales details by completing the enquiry form.

Property Information

Property:

Leasehold

Lease Terms:

For details of the rent and lease please complete the enquiry form.

Location:

On a main road in Kimberley, Nottingham.

Premises Details:

Recently fitted out at a cost of £20,000. Parking for 1 staff car at the rear, with plenty of nearby parking for customers.

Business Operation

Expansion Potential:

Plenty of potential to grow this business; revert back to a ladies salon, increase the opening hours, rent out chairs, utilise all of the stations but increasing staffing levels.

Competition / Market:

No direct competition for children's cuts. Limited competition should you wish to revert the premises back to a ladies hair salon.

Reasons for selling:

Genuine reason for selling; the owner has another business and is finding herself overstretched.

Trading hours:

Wednesday, Thursday & Friday 9am - 6:00pm, Saturday 8:30am to 4pm.

Employees:
1 Full Time Senior and 1 Part time Junior (Friday & Saturday)
Years established:
1