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Popular Hair And Beauty Salon For Sale

Birmingham, West Midlands
Asking Price:
£64,995
Turnover:
£80,000
Net Profit:
Available on request

POPULAR HAIR AND BEAUTY SALON - WEST MIDLANDS
Stunning premises finished to the highest of standards
Well established and highly reputed business
Situated in the desirable city of Birmingham
Well appointed and presented throughout
High amount of regular and repeat trade
With an advised annual turnover of £80,000
Ideal lifestyle opportunity
Genuine reason for sale
Walk in condition
LEASEHOLD


Location
This superb hair and beauty salon is situated in the desirable city of Birmingham, West Midlands. The local area has an excellent display of highly affluent residential properties, commercial and corporate style businesses, offices, historic Birmingham landmarks and popular visitor attractions. Birmingham offers some of Europe's most desirable shopping, dining, and entertainment venues which bring a consistent flow of business and visitors to the city throughout the year. The city benefits from being situated right in the centre of the UK's motorway network with access to the M6, M5, M40, M42 and connecting M1 which makes visiting and commuting very easy.


Business History
Meridian Business Sales are delighted to offer to the market this brilliant hair and beauty salon which has been established since 2000 and in the careful hands of our client since 2006. Our client is reluctantly offering the business to the market due to her desire to concentrate on other business interests.

Since our client took ownership of the business she has invested time and money into the business and premises to the point where it is in full walk in condition.

Our client informs us that annual turnover currently runs at £80,000 Plus additional rental income of £30,000 per annum four rooms are currently rented with a fifth vacant. which is derived from the provision of a full range of hair and beauty services including colours, cuts, perms, styling, spray tans, nails and many more.

The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. Due to the ideal location of the business, it enjoys a large daily passing trade and high footfall and customers are further attracted by the unique product range and the high quality customer service provided.

Our client has continually developed and improved the business introducing new lines and income streams which have enhanced the business massively, recently built 3 rooms within the salon to enhance the business income by improving offer to clients making a 'one stop location' for both hair and beauty services.

The business has been run at a pace to suit our clients lifestyle meaning that there is scope for a future purchaser to further develop the business.

The business is fully equipped throughout and is being sold with all fixtures and fittings included in the sale price which is a huge plus for a new owner as additional funds will not need to be spent on modernising for many years.

This is a fantastic opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this excellent business is not to be missed.


Finical Profile
Turnover: £80,000pa
Stock approximately: £5,000

Tenure
We are advised Leasehold
Rent: £30,000pa


Accommodation
Well signed property briefly comprising:

GROUND FLOOR
Secure entrance leading to:
Various display units
Sales counter with Casio cash register
5 x styling positions with 5 x chairs and mirrors
Wall mounted climazone x2
1 x backwash with chair
Storage shelves
Refrigerator
Storage cupboard
Nail bar with chairs
2 x 2 seater sofas and glass table

MEZZANINE LEVEL
4 x feature backwashes with chairs
1 x ceiling fans
2 x styling positions with chairs
2 x wall mounted climazones
1 x dryer
Kitchen/ stock area
W.C
Staff room with stainless steel sink unit, counter, 4 x chairs, microwave, fridge/ freezer.
1 x hair loss/wigs consulting room

FIRST FLOOR
3 x styling positions with chairs
Manicure table with 2 x chairs (belongs to the lady who rents the beauty room)
4 x leather chairs
2 x 2 seater sofas
4 x beauty rooms (1 x could be converted into an office)

Property information

Property:

Leasehold

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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