Hair & Beauty Salon
Turnover: circa £105k
Net Profit: circa £12k
The opportunity is a cherished hair salon with a legacy of 7 years offers not only exceptional hair care, but beauty services on the premises also. The salon is situated centrally in the City and is a short walk from the city centre and the city train station. The business has been operated by the current vendor since 2017 and has been completed to an extremely high specification with comfort in mind.
THE OPPORTUNITY
Proven Success: Walk into a business with a solid foundation, with a proven track record of success over the 7 years since it was established, and in this time has built up a loyal, repeat customer base. Our client is taking a step back from the industry to focus on other opportunities therefore the business is available with a client book making this an attractive turnkey business for a new operator.
Prime Location: The salon is on a very busy high street nestled in a very busy commercial hotspot within the city centre and is on the main street with high vehicle and pedestrian traffic, leaving the salon well placed to be easily accessible for their growing client base and provides ongoing opportunities for passing trade.
Excellent Growth Potential: The business operates through phone, email, and social media bookings for hair appointments and offers excellent scope to expand into more digital online booking platforms using a dedicated website to compliment the 24-hour booking facility. The business also hosts growing social media pages. The brand lends itself well for additional locations throughout the UK utilising the established local presence to springboard from.
An experienced hair stylist could use this business to grow into additional areas and introduce a training academy to boost the reach of the salon.
PREMISES
The premises is located in a busy main high street and lends itself well to passing trade. The high-quality look and feel of the modern premises include 8 x hair workstations, 2 x back wash basins, 2 x nail station, 2 x beauty treatments room which are currently sublet, 1 x vertical tanning sunbeds, kitchen and bathroom.
The property is made available by way of lease assignment for £2600pcm. Viewing is essential to appreciate the level of quality on offer.
PRODUCTS
The business has ongoing relationships with suppliers and preferred terms for products used in the salon, all of which a new owner will benefit from.
MARKETING
The business has limited marketing needs and enjoys ongoing referrals from new and existing clients. There is a user-friendly website which allows customers to see information on products, services and contract details. The business also benefits from a following on Instagram and Facebook to boost public awareness of the salon.
GROWTH OPPORTUNITIES
There is endless growth potential for an existing operator or someone looking to enter the market with an established brand and customer base with this well-established business:
· Expansion into new locations.
· Product diversification focusing more on employed beauty services.
· Enhanced digital marketing.
· Website platform upgrades to include online bookings.
· Online booking though the website directly.
· Introduce a training academy.
FINANCIAL INFORMATION
Detailed financial statements available upon request.
FURTHER INFORMATION
Don't miss out on this incredible opportunity to own and grow this unique business with an exceptional branding presence.
Further information is available by speaking with us and for more information please contact us.
