ENIGMA HAIRDRESSING LTD
REFERENCE NUMBER: 13431
Address of businesses: 6, Llewelyn Avenue, Llandudno, Conwy, LL30 2ER
Full details of the business, accounts, and a valuation report are available upon signing of an NDA.
The Opportunity
The business was established in 1999 by the present Directors and has grown into a turnkey operation. They also own the freehold of the premises and wish to pursue other interests. They have other income.
The business is staff operated, with eight staff. One of the Directors, Joanna, is still involved in the business when required, but it is a fully staff-run operation.
The turnover for 2022 is £190,479, with an EBITDA of approximately £26,164
Location
It is located in the popular and busy seaside town of Llandudno in North Wales. It has unlimited parking directly outside the premises and within walking distance of the salon. Most of the clientele are from within a 20-mile radius.
• Llandudno is a busy and popular tourist seaside resort.
• There is good road infrastructure with close proximity to the main A55 route.
• Located just off the main street of the town centre.
• There are plenty of public car parks as well as street parking outside the Salon
• Attracts both tourists and local people in surrounding areas.
Business Details
The business was established in 1999 by the present Directors and has grown into a turnkey operation. They also own the freehold of the premises and wish to pursue other interests. They have other income.
The business is staff operated, with eight staff. One of the Directors, Joanna, is still involved in the business when required, but it is a fully staff-run operation.
SCOPE FOR DEVELOPMENT
• Retail business could easily be promoted
• Hair extension service could also be promoted
• The full salon capacity is 8 x 39, which is 312 hours per week. Current levels are 177.
Products and Services
The following services are provided:
• Colour services
• Cutting
• Perming
• Wedding/hair up
• Kerastraight treatments
Their main retail product range
• Paul Mitchell
• Loreal
• Kerastraight
Trading Hours
Monday 9.00am - 6.00pm
Tuesday 9.00am - 6.00pm
Wednesday 9.00am - 6.00pm
Thursday 9.00am – 8.00pm
Friday 9.00am – 7.00pm
Saturday 9.00am – 5.00pm
Sunday Closed
Financial Details
Before Covid, in 2019, the turnover was £212,527. The turnover for 2022 is £190,479, with an EBITDA of approximately £26,164
Property Details
A full description of the property and valuation report is available upon signing of NDA.
Ground floor
• Entrance Hall
• Main salon with six workstations
• Staff/storeroom
• Enclosed courtyard to the rear
First Floor
• Additional Salon with two workstations
• Toilet
The Owners have 2-holiday flats which is separately rented.
Tenure
The Owners of the business also own the freehold of the property and are flexible on the granting of a lease. The rental will be £12,000 pa.
Ref No: 13431
Price: £59,995
