Colabella Hair Team
Turnover circa: £120k
Net Profit: £59k
Colabella Hair is an established hair salon with a legacy of a few decades from the current owners, offering exceptional hair and beauty services business within Wolverhampton. The business has been operated by the vendor since inception and is now made available to either a new owner/operator or an existing operator looking to expand.
THE OPPORTUNITY
Proven Success: Walk into a business with a solid foundation, with a proven track record of success since inception, and in this time, has built up a loyal, repeat customer base. Our client is looking to sell the business along with the client book, offering a turnkey opportunity for an incoming owner.
Prime Location: The Wolverhampton salon is located amongst a large residential area providing consistent local custom.
Excellent Growth Potential: The business already has a solid foundation to build upon with an excellent model to work from with the brand lending itself to being expanded into further locations throughout the UK.
Accommodation: The salon benefits from being fully equipped for an incoming operator with 5 x hair stations, 3 x hair washing bowls, a customer waiting area, 1 x private beauty room, 2 x nail bars, 1 x pedicure bar, 3 x tanning sunbeds, 1 x leg tanner room, kitchen, and storage.
The business will come fully furnished and equipped for an incoming operator to begin operating as a turnkey business, with fixtures/fittings included within the sale.
The premises benefits from LED low energy lighting and high-end quality fixture and fittings.
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 as part of a handover agreement.
MARKETING
The business has limited marketing needs and enjoys ongoing referrals from new and existing clients.
MANAGEMENT AND EMPLOYEES
The business is managed by the vendor and 5 x part time staff members. The salon currently operates Wednesday to Saturday on the current annual turnover allowing further growth if operating a 5 or 6 day week.
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 with this well-established business:
· Expansion into new locations.
· Product diversification to include aesthetics.
· Enhanced digital marketing.
· Ecommerce platform upgrades for online bookings and to sell products.
· Introduce a training academy.
· Organise events and partner with local businesses.
FINANCIAL INFORMATION
Detailed financial statements will be made available upon request.
PREMISES
The premises is made available by way of an assignment of the lease with current passing rent of £1000 per month.
The accommodation currently comprises of and included in the sale:
Large reception area
· Reception desk and displays
· 4 styling units
· 3 back wash units
· Water system SALON MASTER efficient and reliable
· The salon has a private office
· Allocated free parking bays for owner & staff
· Ample on road parking for clients
· A laundry room with additional storage
· Fully kitted out with industrial laundry equipment
· Large, fitted stock storage cabinets
· Private rear gardens
· Staff and separate client toilets
· Fitted kitchen with large stock storage
Beauty Salon
· Reception area
· 2 nail stations
· Pedicure station
· Separate beauty room
· Mega sun lie down sun-bed
· 2 x Stand up sun bed
· Private room leg tanner
Safety
· Compliant with all ECIR testing & PAT testing
· Fully installed smoke alarms
· Smoke detectors
· Emergency Lighting
· Fully serviced fire extinguishers
· CCTV
· Security shutters
· Disabled parking
· Disable ramp access at rear
Viewing is essential to fully appreciate the scope of this business...
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.
