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Established Hair Salon In Mapperley, Busy Main Road For Sale

Mapperley, Nottinghamshire, UK
Asking Price:
£35,500 Furniture / Fixtures and Inventory / Stock included
Turnover:
£132,000
Net Profit:
Available on request

An Established Hair Salon in Mapperley, on a busy main road 'For Sale'

Established 37 years ago, this tastefully and immaculately presented salon trades from the busy and upmarket area of Mapperley. The premises are spacious and extremely well maintained. A public car park is just a few minutes’ walk away for customers.

The salon offers both ladies and gents hair styling. Featuring 5 styling stations, 2 back washbasins and 2 floor mounted drying hoods. Kitchen with washing machine and dryer, client coat hanging area, storage and WC.

Key information:
Sales: 2023 accounts show a turnover of £132,000 pa.
Stock: £1,500 - £2,000 included in the sale price.
Trading Hours: Tuesday & Wednesday 9am - 5:30pm, Thursday 9am - 3:30pm, Friday 9am - 7pm & Saturday 9am - 3pm. Closed Sunday & Monday.
Staff: Ideally Vendor + 4 staff. 3 members of staff are required at all times.
Tenure: Leasehold.
Business Rates: £ Nil currently with S.B.R.R.

For details of rent and rates payable and specific details of the accommodation and location of the business please request the full sales details.

Property Information

Property:

Leasehold

Location:

On a busy main road, in Mapperley, Nottingham. Mapperley is an upmarket area, with a thriving town centre.

Premises Details:

Large open plan salon with reception and waiting area. Surrounded by other businesses. Nearby parking for customers. The staff have the option to use paid parking, on-street parking, or purchase a parking permit for a nominal cost per year.

Business Operation

Expansion Potential:

The salon operates with 3 staff at all times. There is potential to increase this to 5 and utilise all 5 styling stations. Increasing the opening hours is also another avenue for potential growth.

Competition / Market:

This salon has been trading for over 37 years.

Trading hours:

Tuesday & Wednesday 9am - 5:30pm, Thursday 9am - 3:30pm, Friday 9am - 7pm & Saturday 9am - 3pm. Closed Sunday & Monday.

Employees:
Vendor + 4
Years established:
37 years