Asking Price: £95,000
Turnover: £140,000
Profit before tax £45,000
Here is an exceptional opportunity to acquire a successful extremely well established all-in-one hair and beauty treatment centre founded in 2004.
The business has huge potential for expansion and comprises of a hair salon, nail bar, three treatment rooms, sauna, sunbed and a hot tub.
The turnover figure shown relates to the revenues that would be received including subletting to other hairdressers and beauticians, and the profit figure of £45,000 p.a. shown is before tax but after the current rent of £18,000 per annum is paid.
Business Details
The company has built up an excellent reputation and loyal client base of over 4,000 clients.
The company specialise in the provision of the following services for ladies, men & children:-
Hair styling, cutting
Balayage and creative colouring
Blow-drying and hair conditioning treatments
Hair extensions
Japanese hair straightening
Keratin smoothing
Much loved, friendly salon
Loyal professional staffing team in place
Excellent customer reviews
Very busy town central location
Ideal ‘Owner/stylist’ opportunity
Treatment room rentals providing guaranteed income – achieving £1120 per month
Close to beautiful harbour and beach
One stop hair and beauty shop offering all services in hair, nail, beauty and aesthetics
Open 7 days a week
A full breakdown of all the equipment included in the sale will be made available upon request.
The business has eye-catching signage and receives high levels of footfall and passing trade.
The premises consists of a reception, retail and waiting area as well as a nail desk.
The salon area has six styling stations (plus one if required) and a backwash area. There is also a juice bar coffee area and storage as well as a staff room and kitchen.
There are toilets, as well as 3 treatment rooms, a sauna with a capacity for four people, a hot tub that takes five people, and one sunbed.
The current trading hours are -
Monday - 9:00am to 5:00pm
Tuesday –9:00am to 5:00pm
Wednesday – 9:00am to 6:00pm
Thursday – 9:00am to 8:00pm
Friday – 9:00am to 6:00pm
Saturday – 9:00am to 4:00pm
Sunday - 10:00am to 2:00pm
The premises are owned by the business sellers, and therefore a new lease will be granted with mutually agreeable terms.
The business currently has five members of staff.
The reason for the sale is to allow the owner to pursue other interests. The business is being sold on a cash free/debt free basis.
Property Information
Property: Leasehold