Established Award-Winning Hair & Beauty Salon for Sale in Solihull. Prominent main road location. Parking to the rear.
Veritas Business Sales is delighted to offer for sale this respected hair & beauty salon, which is located in Shirley, Solihull. The business has been established for over 50 years, has been in the careful hands of my clients for the last 21 years, and is reluctantly being offered for sale so that they can enjoy a well-deserved retirement.
Since ownership, they have rewired, refurbished, and continually invested in new equipment along with fixtures & fittings, which are all bought, paid for, and included within the sale price, which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is overseen by the owner and requires the help of 4 part-time staff members. For the year ending November 30, 2023, they posted an annual turnover of £85,840 with a GP of £78,289 (91.2%). The ground-floor hair salon offers cutting, styling, perms, and colors and is a Gold Award-winning salon for Great Lengths Hair Extensions. The first floor offers beauty & holistic treatments to include, nail treatments and manicures.
We believe that there is further potential to increase trade and would benefit from new owner-operators. The business enjoys a strong reputation within the local community and beyond and, as such, has a high level of regular and repeat business. This is a superb opportunity to purchase an established business, which is a great base to build upon, and as such, early viewing is highly recommended.
