Highly regarded hair salon in a popular Lake District town, operating from premises used as a salon for over 50 years. The business benefits from an exceptionally loyal client base, approximately 875 client profiles and an appointment diary consistently fully booked around four weeks in advance. The salon currently ranks first in relevant local Google searches and generated turnover of £69,000 with net profit of £35,000. With strong local demand and the Lake District's year-round visitor market, opportunities include introducing online appointments, increasing stylist capacity, extending opening hours and developing the beauty offering.
- Asking Price:
- £50,000 Furniture / Fixtures included
- Turnover:
- £69,000
- Net Profit:
- £35,000
Property Information
- Property:
-
Leasehold
- Leasehold Rent:
-
£6,180 per annum
- Location:
-
Popular town in the heart of the Lake District. The business benefits from strong local demand as well as the area's substantial year-round visitor and holidaymaker market.
- Premises Details:
-
Well-equipped hair salon with three styling stations, two backwash stations and one dedicated parking space. A beauty area is also currently used by a self-employed beauty practitioner.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
There is scope to increase turnover by introducing additional stylists or employees, extending opening hours and increasing chair-rental availability.
Further opportunities include developing the beauty offering and introducing online appointments and services aimed at visitors and holidaymakers in the Lake District's year-round tourism market.
- Competition / Market:
-
The salon benefits from an exceptionally loyal and secure client base, with approximately 875 client profiles held through the Fresha booking system.
Demand is strong, with the appointment diary consistently fully booked around four weeks in advance. Online booking is not currently offered due to this level of demand.
The salon currently ranks first in local Google searches for relevant hair salon terms, providing strong online visibility and a steady flow of enquiries. The source states that demand from local residents alone is sufficient to maintain a full appointment diary.
- Reasons for selling:
-
Retirement
- Employees:
- The current owner works four to five days per week. The salon also accommodates one self-employed stylist renting a chair three days per week, one self-employed beauty practitioner renting the beauty area approximately two to three days per week, and one freelance stylist attending approximately every four to six weeks. These arrangements provide additional rental income.
- Years established:
- The premises have operated as a salon for over 50 years. The business has been under the current owner's management for the past seven years.
