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Established Hairdressing Salon, Norfolk For Sale

Norfolk, UK
Asking Price:
£39,950
Turnover:
£68,514
Net Profit:
£8,536

Overview

An excellent opportunity to acquire a long-established, well-regarded hairdressing salon in Norfolk. Trading from a prominent town-centre location for 22 years, the salon has built a loyal, steady client base and is presented in good order as a genuine turnkey operation. Serving on average around 30 clients a week across 48 weeks of the year, it enjoys a reliable pattern of repeat business built on long-standing client relationships.

This is offered as an asset sale. The brand and trading name are not included, and a buyer will trade under a new name of their choosing after completion. The limited company is not being sold. With five workstations, potential for a sixth, and a fully air-conditioned, ground-floor space with easy access, the salon is ready for a new owner to step in and continue trading from day one.

Business Highlights

  • Longestablished salon with 22 years of trading from the same location
  • Turnover of approximately £69,000
  • Loyal, repeat client base averaging around 30 clients a week over 48 weeks
  • Groundfloor premises with easy walkin and wheelchair access
  • Fully air conditioned and presented in good order
  • Five workstations with potential for a sixth, plus three back wash basins
  • Turnkey operation ready for a new owner

Location

The salon is situated in a prominent town-centre position within Norfolk, an established market town setting that supports steady footfall and repeat custom. The precise location is disclosed on receipt of a signed NDA.

Premises & Tenure

The salon is a ground-floor unit, presented in good order throughout and fully air conditioned, with easy walk-in and wheelchair access. The premises are held on a leasehold basis, providing a new owner with a ready-to-trade base in a central position.

Next Steps

This is an attractive proposition for an experienced stylist, an expanding operator or an investor seeking a turnkey salon with an established client base. The Information Memorandum is released on completion of a short NDA. Full details are available in the Information Memorandum.

Property Information

Property:

Leasehold

Lease Terms:

has 2 years left - landlord would be happy to extend

Leasehold Rent:

7200 per year per annum

Business Operation

Reasons for selling:

Retirement

Employees:
The owner cuts hair,he's has assistants that assist him with washing and preparing the clients and a cleaner
Years established:
Work for 45 years there but owned it 22 years ago