Elizabeth Ann Hair Studio
Turnover: circa £98k
Net Profit: circa £31.5k
The opportunity is a cherished hair salon with a legacy of 8 years that offers exceptional hair care services and nail treatments. The salon is situated on the main road into Puckeridge, which is a short journey from the historical towns of Stevenage, Ware and Hertford. The business has been operated by the current vendor since inception 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 8 years since it was established, and in this time has built up a loyal, repeat customer base. Our client is taking a step back into retirement; therefore, the business is available with a client book, making this an attractive turnkey business for a new operator.
Prime Location: The salon is in a residential area, with new homes having recently been constructed locally, which leaves the salon well placed to be easily accessible for their growing client base and provides ongoing opportunities for passing trade.
Excellent Growth Potential: The business operates through web, phone, email, and social media bookings for hair appointments and offers excellent scope to expand into a digital online booking platform using a dedicated website to compliment the listings on sites such as Fresha. 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
A well-presented hair and nail salon situated within a rural village location. The single-story building was designed and built by the current occupiers in 2016. The salon has a generous open-plan working space accommodating five mirrored workstations. The internal area benefits from ample natural daylight and has full accessibility. This new building is located within a secure, gated private courtyard that has designated parking spaces for staff and clients. The salon has excellent energy efficiency, featuring two air conditioning units and central heating for the cooler months.
To the side of the property is staff and customer parking, with additional parking made available and on-road parking available.
The property is made available by way of lease assignment for £11,200 per annum. 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 Loreal 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 which allows you to see information on products, services and contact information. 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:
5-star rating on Facebook
5-star rating on Google
MANAGEMENT AND EMPLOYEES
The business is managed by the vendor and 2 x self-employed hair stylists and 1 x employed apprentice 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.
· Introduce a training academy.
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.
