An opportunity to acquire a long-established and well-regarded hair and beauty business located within a popular Nottinghamshire village. The village is also expanding, with new-build residential development in the area, providing a positive backdrop for future local demand.
The business has traded for over 20 years and has built a loyal customer base, strong local reputation and consistent repeat appointment-led trade. It operates from fully equipped leasehold premises and provides both hair salon and beauty treatment services, creating a diversified income model with scope for further growth.
The current structure includes employed support, self-employed stylists and self-employed beauty practitioners, helping to keep fixed overheads controlled while maintaining good service capacity.
This is an ideal opportunity for an owner-operator, hair or beauty professional, or an existing salon operator seeking an established business with immediate income and growth potential.
BUSINESS HIGHLIGHTS
· Long-established hair and beauty business
· Over 20 years of trading history
· Loyal repeat customer base
· Hair salon and beauty treatment income streams
· Fully equipped premises
· Flexible staffing and practitioner model
· Self-employed stylists and beauty practitioners
· Dedicated beauty treatment rooms
· Additional salon/studio space
· Immediate trading opportunity
· Scope to increase chair and room utilisation
· Suitable for an owner-operator or existing salon operator
FINANCIAL OVERVIEW
· Annual Turnover: Approximately £124,000
· Combined Net Profit: Approximately £13,500
· Additional owner benefit through dividends and drawings
· Business Structure: Limited Company
· Tenure: Leasehold
· Rent: £1,000 per month combined
The business generates income from both hair salon and beauty operations. Further financial information will be made available to genuinely interested parties following NDA completion and initial discussions.
ASSETS INCLUDED
The business is fully equipped and ready for continued trading.
Assets and facilities include:
· 6 styling chairs
· 3 wash basins within the main salon
· Additional upstairs studio with 2 styling chairs
· Additional upstairs wash basin
· 2 fully equipped beauty treatment rooms
· Fixtures, fittings and equipment required for ongoing trade
GROWTH OPPORTUNITIES
There is clear scope to increase revenues through:
· Increasing chair rental income
· Increasing beauty room utilisation
· Expanding the self-employed practitioner base
· Extending opening hours
· Introducing additional treatments
· Enhancing social media marketing
· Introducing online booking systems
· Reviewing pricing and margins
· Maximising use of the upstairs studio
· Developing packages, memberships or loyalty schemes
· Benefiting from the expanding village population and nearby new-build residential development
TENURE
Tenure: Leasehold
Lease: Rolling lease
Rent: £1,000 per month combined
The flexible lease arrangement provides a low-risk entry point for an incoming purchaser, with potential to discuss longer-term lease security with the landlord if required.
REASON FOR SALE
The business is being offered for sale due to early retirement, creating an excellent opportunity for a new owner to acquire a long-established salon with an excellent local reputation and clear scope for further growth.
ASKING PRICE
OIRO £64,950 + SAV
The asking price reflects the business’s established trading history, loyal customer base, equipped premises, multiple income streams, expanding village location and future growth potential.
NEXT STEPS
All enquiries are strictly confidential, and viewings will be arranged strictly by appointment only.
Goodwins Business Brokers
Tel: 0330 236 7030
Email: [email protected]
Website: www.goodwinsbrokers.co.uk
