Prime Location | Loyal Client Base | Low Overheads
Well-established independent hair salon in a prime high street location near Great Missenden. Trading for over 60 years and owned for 22 years, the business benefits from a strong reputation and loyal, repeat clientele.
Key Highlights
- Turnover: £138,000 p.a.
- Weekly sales: ~£3,000
- Low rent: £7,500 p.a.
- Modern, fully fitted premises
- Consistent repeat business
Staff
Team of 4 stylists, manager, and 2 support staff.
Opportunity
Run under management, offering excellent scope for a hands-on owner to reduce costs and increase profits (potential £30,000+ savings), plus grow through extended hours, services, or retail.
Lease
The landlord has agreed to offer any new purchasers the lease in one of two ways subject to approval, the assignment of the current lease in the new tenant’s name for the next 7 years with the removal of the break clause for peace of mind or alternatively a new 10-year lease with agreed new terms. The other movement on the lease is the landlord is also allowing other usage such as beauty and nails if the business remains predominantly about hair dressing.
Retirement sale. Genuine growth potential.
