Fantastic opportunity to acquire a long-established hair and beauty salon in the heart of Lincoln city centre. Fully fitted and ready to trade, with an established clientele, excellent reputation and significant potential for further growth.
- Asking Price:
- On request Furniture / Fixtures and Inventory / Stock included
- Turnover:
- On request
- Net Profit:
- On request
Property Information
- Property:
-
Leasehold
- Location:
-
Prime Lincoln city-centre location within a busy and well-established retail and commercial area. The salon benefits from excellent visibility, strong passing footfall and easy access to nearby public car parks, bus and train stations. The central location attracts both regular local clients and visitors to the city.
- Premises Details:
-
Spacious and well-presented salon premises arranged over two floors and fully equipped for both hair and beauty services.
The premises include six hairdressing stations, hair washing facilities, dedicated treatment rooms and additional beauty/lash treatment space, along with reception and client waiting areas.
The layout provides excellent flexibility for a range of hair, beauty, aesthetics and complementary services and offers substantial capacity for a new owner to develop the business further.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
There is considerable scope for a new owner to further develop the business. The size and layout of the premises provide capacity to expand the team and increase income from chair rental, beauty professionals and treatment-room use.
Further opportunities include extending opening hours, introducing additional treatments or practitioners, increasing retail sales and developing the salon's marketing and social media presence.
The premises and existing infrastructure are already in place, allowing expansion without the significant set-up costs associated with establishing a new salon.
- Competition / Market:
-
Lincoln has a healthy hair and beauty market with a number of independent salons and national operators. However, many businesses specialise predominantly in either hair or beauty, with fewer established city-centre salons offering a comprehensive range of both under one roof.
Having traded successfully for over 20 years, the business benefits from an established client base, strong local reputation and long-standing presence within the city.
- Reasons for selling:
-
Change in Personal circumstances
- Trading hours:
-
Tuesday 9-5
Wednesday 9-5
Thursday 9-7
Friday 9-5
Saturday 9-3
- Employees:
- Team of 7 mix of employed & self employed
- Years established:
- 21
Other Information
- Support & training:
-
Training and handover
- Furniture / Fixtures value:
- £100,000 - included in the asking price
- Inventory / Stock value:
- £1,000 - included in the asking price
