Hair & Beauty Salon
Turnover: circa £31k
Net Profit: circa £11.5k
The opportunity is a cherished hair salon with a legacy of 12 years that offers not only exceptional hair care but also beauty and spa services on the premises. The salon is situated on Heaton Lane, which is a short walk from the historical industrial town of Stockport. The business has been operated by the current vendor since 2022 and has been completed to an extremely high specification with comfort in mind.
THE OPPORTUNITY
Proven Success: Walk into a business with a solid foundation, with a proven track record of success over the 12 years since it was established, and in this time has built up a loyal, repeat customer base. Our client is taking a step back from the industry to focus on other opportunities; therefore, the business is available with a client book, making this an attractive turnkey business for a new operator.
Prime Location: The salon is on a very busy high street nestled in a busy commercial area within Stockport, which is on a main street leading into the centre of Stockport. This leaves the salon well placed to be easily accessible for their growing client base and provides ongoing opportunities for passing trade. The salon is located next to a new viaduct, with 253 new homes being constructed and a recently agreed-upon metro station planned.
Excellent Growth Potential: The business operates through web, phone, email, and social media bookings for hair appointments and offers excellent scope to expand into more digital online booking platforms using a dedicated website to compliment the 24-hour booking facility on the current Treatwell website. The business also hosts growing social media pages. The brand lends itself well to additional locations throughout the UK, utilising the established local presence to springboard from.
An experienced hair stylist could use this business to grow into additional areas and introduce a training academy to boost the reach of the salon.
PREMISES
The premises are located in a new complex called Under Bank, which is next to a brand new bus station. The main high street location lends itself well to passing trade. The high-quality look and feel of the detached modern premises include 3 x hair workstations, 2 x washing basins, 1 x nail station, 4 x beauty rooms, 1 x tanning sunbed, kitchen, and bathroom with an additional back room which could be further utilised or sublet (the upstairs is sublet for £600pcm boosting income). To the side of the property is staff and customer parking, with additional parking made available by the nearby multistorey car park. The premises have the benefit of electric security shutters.
The property is made available by way of lease assignment for £660 pcm. Viewing is essential to appreciating the level of quality on offer.
PRODUCTS
The business has ongoing relationships with suppliers and preferred terms for products used in the salon, all of which a new owner will benefit from. The business has an ongoing working relationship with OSMO and local hair suppliers.
MARKETING
The business has limited marketing needs and enjoys ongoing referrals from new and existing clients. There is a user-friendly website through Treatwell, which allows you to see information on products and services and make client bookings 24 hours a day. The business also benefits from a following on Instagram and Facebook to boost public awareness of the salon.
The business has attracted several 5-star reviews, as follows:
4.6-star rating on Google
4.7-star rating on Treatwell
MANAGEMENT AND EMPLOYEES
The business is managed by the vendor, with an apprentice hairdresser, one self-employed stylist, and one self-employed nail technician who will remain in post with the business.
GROWTH OPPORTUNITIES
There is endless growth potential for an existing operator or someone looking to enter the market with an established brand and customer base.
· Expansion into new locations.
· Product diversification, focusing more on beauty services.
· Enhanced digital marketing.
· Website platform implementation to include online bookings.
· Online booking through the website directly.
· Introduce a training academy.
FINANCIAL INFORMATION
Detailed financial statements are available upon request.
FURTHER INFORMATION
Don't miss out on this incredible opportunity to own and grow this unique business with an exceptional branding presence.
Further information is available by speaking with us and for more information, please contact us.
