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Premium Hair Salon – St Albans For Sale

St Albans, Hertfordshire, UK
Asking Price:
£200,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

40 Years of Successful Trading
New Lease
Excellent Out of Town Location with Free Parking

This is an exceptional opportunity to acquire a highly established and profitable premium hair salon in St Albans, benefiting from an impressive 40-year trading history and an excellent out-of-town location with convenient free parking. The salon generates excellent annual turnover and net profit figures and is being offered for sale due to the owner's retirement, at an asking price of £200,000 plus SAV. The spacious, well-equipped premises feature 10 styling chairs, four wash chairs and air conditioning, with a new five-year lease and an established employed team comprising three stylists, a colourist and three salon assistants. Combining strong profitability, longevity, an experienced team and an attractive location, this represents a rare opportunity for an experienced salon operator, expanding group or ambitious industry professional to acquire a substantial and proven business with an outstanding foundation for continued success.

PREMISES & STAFF

Leasehold: New 5 Year Lease
Rent: £25,000 pa
Service Charge: £2000 pa
10 Chairs + 4 Wash Chairs
Air Conditioning
Next to Major Retailer
Free Customer Parking
Staff: Employed

BUSINESS OVERVIEW

Type: Hair Salon
Location: Popular Out of Town Location in St Albans
Established: 40 years
Turnover: £ TBA
Net Profit: £ TBA
Reason for sale: Retirement
Asking Price: £200,000 + SAV

Property Information

Property:

Leasehold

Lease Terms:

New 5 year lease

Leasehold Rent:

£25,000 per annum

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Retirement

Years established:
40