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Profitable Hair Salon In Town Centre - Hampshire For Sale

New Milton, Hampshire, UK
Asking Price:
£205,000
Turnover:
£338,000
Net Profit:
£102,000

This highly profitable and well-established town-centre hair salon represents an excellent opportunity to acquire a thriving business with strong financial performance and a loyal client base. Established in 2018, the salon generates turnover of approximately £338,000 with an impressive EBITDA of more than £102,000. The business benefits from around 1,350 active clients, a 90% returning-client rate, over 85% staff utilisation, competitively priced premises and seven years remaining on the lease. With an established team, modern air-conditioned salon and prominent Hampshire town-centre location, this is an attractive acquisition for an experienced salon operator, expanding group or investor seeking a profitable and proven business.

Leasehold (7 years remaining)
Rent: £12,000 pa
The salon has hot and cold air conditioning installed.

Employees: 3 plus and rent a chair stylist plus 2 operator owners.

90% returning client rate with over 85% staff utilisation.
Number of active clients within 12 months is approx 1350.


Type: Hair Salon
Location: Town Centre of Hampshire Town

Established: 2018

Turnover: £310,000 plus £28,000 for rent a chair stylist (40% of £70,000)

Net Profit: £102,000+ (EBITDA)

Property Information

Property:

Leasehold

Lease Terms:

Expires in 7 years

Leasehold Rent:

£12,000 per annum

Location:

Town Centre

Business Operation

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

Retirement

Employees:
3
Years established:
8 years