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Fabulously Refurbished Hair Salon On Busy Nottingham High St For Sale

Nottingham, Nottinghamshire, UK
Asking Price:
£85,000
Turnover:
Available on request
Net Profit:
Available on request

This business has been established for over 20 years, with the current owners for 9 years, who now wishes to retire.
Located in the very busy high st shopping area of Mapperley, Nottingham, with heavy footfall and surrounded by residential properties.
The business has a large and loyal customer base, with advance bookings flooding in now that lock down has been eased.

There are 2 full time stylists, one of which is the owner who is looking to retire, but is prepared to continue working through a reasonable hand over period and might also consider staying on for 2 days a week. The business is currently looking to recruit a junior and has a relationship with the local NHTA College from where they have taken on juniors in the past.

The salon has been refurbished, giving a fabulous fresh, tranquil and on trend feel and is ready for a new owner to step in and deliver the opportunity and potential the salon now has.

Our Opinion:
This well established salon is extremely well located and would provide a great foundation for a new owner to really grow on the existing loyal customer base. Only 2 of the 7 stations are currently being utilized and there would be space to introduce a nail bar. Also the business does not currently promote the sales of any associated hair products.

Key features:
- On-trend refurbishment completed during lock down, this has been a stunning transformation
- Covid ready with screens and necessary equipment
- Loyal customer base now filling up the appointments book
- Owner/stylist prepared to stay on in a part-time basis for as long as is required to ensure a seamless handover
- Potential to increase trade and grow the business, with 7 well spaced stations
- Busy High St location
-
Asking price includes stock, equipment, fixtures and fittings

Property Information

Property:

Leasehold

Premises Details:

Ground floor salon with high st access and rear door access, where there is 1 dedicated parking space. There are 7 work stations, 2 back wash stations, clients reception/seating area and reception counter. There is a large car park adjacent to the property that offers 2 hours free parking. 9 year lease, with 6 years remaining – fully protected -  £855 pcm

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