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Established Hair And Beauty Salon, Hampshire For Sale

Hampshire, UK
Asking Price:
£70,000
Turnover:
£247,000
Net Profit:
£30,300

Overview

This is a confidential opportunity to acquire a well-established hair and beauty salon in Hampshire. A salon has traded from the location for approximately 40 years, giving the business deep roots in its local community and a client base built up over decades. The current owner purchased and rebranded the business three years ago, refreshing its identity while retaining its loyal, repeat clientele.

Operating through a limited company, the business generates a turnover of approximately £247,000 with a net profit of approximately £30,300. A team of six employed staff runs the salon day to day, and a manager was brought into the business in November, meaning the operation is already structured to trade under management. The sale arises through the owner's genuine retirement, and she is willing to pass her own personal clients on to the buyer.

Business Highlights

  • Approximately 40 years of trading from the same location
  • Turnover of approximately £247,000 and net profit of approximately £30,300
  • Six employed staff, with a manager in place since November
  • Owner willing to pass her own personal clients on to the buyer
  • Nails and beauty room available to rent at £500 per month
  • 11year lease in place
  • Genuine retirement sale

Location

The salon is located in Hampshire, where its long, unbroken trading history has made it a familiar and trusted name among local clients. The precise location is disclosed on receipt of a signed NDA.

Premises & Tenure

The premises are well configured for a busy hair and beauty operation, comprising 10 styling sections, 4 backwash units, a separate nails and beauty room, a staff room and a utility area. The nails and beauty room is available to rent at £500 per month, offering a supplementary income stream or space to expand the in-house beauty offering. The premises are held on a leasehold basis, with a long lease in place providing security of tenure for an incoming owner.

Next Steps

This is a rare opportunity to acquire a profitable, long-established salon with staff and management in place, suited to a hands-on salon professional, a first-time owner or an investor seeking a managed business. The Information Memorandum, including the business name, precise location and full financial and lease details, is released on completion of a short NDA. Full details are available in the Information Memorandum.

Property Information

Property:

Leasehold

Lease Terms:

11 years

Leasehold Rent:

6150 quaterly per annum

Business Operation

Reasons for selling:

Retirement

Employees:
6 staff, employed brought in a manager back in November.The owners has her own clients.
Years established:
Bought the business 3 years and re branded, the business has been around 40 years