A fantastic opportunity to acquire a long-established and well-regarded hair salon in Shoeburyness, Essex. The business has been owned by the current vendors for over 23 years and has traded as a hair salon for many years prior, building a strong reputation and a loyal, regular clientele. This is reflected in its excellent 4.8★ Google review rating.
The salon is well laid out and currently arranged to provide five cutting stations and two backwash basins within the main salon area, with a stock room and additional facilities to the rear. The business generates a solid and consistent turnover, averaging approximately £1,250 per week, and operates to the strong gross profit margins typical of the sector. Pre-COVID accounts confirm a turnover of £65,231 with a net profit of £19,535, with earlier years showing similar turnover and profitability of up to approximately £32,000.
The business is currently operated on reduced trading days and hours, opening Tuesday to Saturday only, which presents significant scope for growth. Turnover could be increased by extending opening days and hours and by employing additional staff to fully utilise all available cutting stations.
The premises are situated within an established parade of shops, benefiting from free time-restricted layby parking directly to the front and along the road. The surrounding mix of independent retailers and national brands, including Co-op and Spar, provides strong footfall and a busy local trading environment.
This opportunity would suit an owner-operator or an experienced stylist seeking a proven salon with an established client base and clear potential for further growth. Viewing is strongly recommended.
