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Established Hair Salon - Liverpool For Sale

Liverpool, Merseyside, UK
Asking Price:
£15,000
Turnover:
£70,000
Net Profit:
Available on request

Prominent Main Road Location
Operating Just 4 Days A Week
Fantastic Online Reviews
Annual Turnover £70,000
New Lease Available
Further Financial Info Available After Viewing
Scope To Introduce Additional Services
Fully Fitted With CCTV
New Lease To Be Negotiated
EPC - F

Blacks Brokers are pleased to bring to the market this leasehold hair salon located in Huyton, Liverpool.

INTRODUCTION

The Makeover Lounge 2 has been trading on Tarbock Road since early 2014 there has been a hair salon located at this property for over twenty years. Our client has created a huge amount of goodwill and has built an enviable reputation within the local area supported by an impressive 4.2 rating on Google.

LOCATION

This hair & beauty training academy occupies a prominent trading position above a parade of shops and offices. The area is densely populated residentially and commercially with neighbouring businesses including independent retailers and large multiples such as The Post Office and Asda. Cressington Station and Liverpool South Parkway Station are also close by. This area is well linked by the M62 with strong public transport links and parking available in the immediate area.

REASON FOR SALE

This opportunity has become available due our client’s other business interests and therefore the business has been placed on the open market at this appealing price point.

LEASE

The property is available for rent on a FRI basis ( Full Repair and Insurance). This is the most common type of lease. A new lease will be fully negotiated with the landlord. The rent will be £153 per week which represents excellent value for such a prime location property in the heart of this busy town. The rental figure includes a service charge for the property.

BUILDING LAYOUT AND DESIGN

This hair salon operates from the first floor of a large, two storey property.

Once inside the main salon is fitted to an extremely high standard with a ‘no-expense spared’ feel. The building is beautifully presented and has a light and airy feel.

There is no living accommodation on the lease it is 100% commercial.

The building is fully alarmed.

STAFF

The owner oversees the operation and is supported by three full time employees. All staff have contracts of employment.

FINANCIAL DETAILS

We are informed by our client that the salon currently has a turnover of £70,000 over a four day trading week.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief.

SUMMARY

This is an exceptionally efficient run salon that has been trading consistently since 2014 with a trading heritage that dates back to the 1990’s.
The business does not actively advertise as there is no requirement to do so as all marketing is done through social media. Facebook along with other platforms will of course be transferred to the new buyer upon completion.
This salon would ideally suit a buyer who could enjoy the solid platform that our client has established and push the business on to the next level. Early viewings are advised as a speedy completion is anticipated.

Property Information

Property:

Leasehold

Contact Blacks Business Brokers

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