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Well Established Hair & Beauty Salon For Sale

Hampshire, Hampshire, UK
Asking Price:
£144,995
Turnover:
£310,422
Net Profit:
Available on request

Business
Please quote reference B06100

Hilton Smythe is delighted to welcome to the market an opportunity to acquire an outstanding Hair & Beauty Salon, located in Hampshire. The business has been trading for over 30 years and built up an enviable reputation not just locally but within the industry in general, a true testament to the hard work & dedication from the current owner, resulting in the high calibre of business on offer. The business is now being offered for sale due to retirement.

The salon trades 6 days a week and generates a turnover in the region of £300,000 with a high gross profit margin. Services offered include a full range of men’s and lady’s hair and beauty.. The salon is specifically well known for their specialised colouring techniques.

The reviews and ratings are 5 star including google, Facebook and my local salon. Our client is offering a handover period to ensure the continued success of the business.

Reasons to purchase -

Excellent area
Low overheads
Experienced, long serving staff members.
Highly rated and extremely well known.
Well established with excellent client retention

This is an excellent opportunity for a new owner to take this excellent business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

Location
The Hair & Beauty Salon enjoys a highly desirable trading position along a popular parade of shops in Hampshire.

The business benefits from ample car parking facilities within the proximity.

Premises
This busy hair and beauty salon occupies substantial double fronted, ground floor premises providing an abundance of footfall. The business is kept up to date with modern décor and furnishing, creating a fresh and modern look.

Upon entrance there are perimeter hair stations, with the backwash systems and additional hair stations at the rear of the service area.

The salon has large window display space at the front and is fully furnished with high quality assets and is fully air conditioned.

The premise has beauty rooms, staff room, office, laundry room, storage room with kitchenette and WC

The business also has an owners parking space.

The sale of the business also includes;

Website (online booking)
Social media accounts
Beauty beds
Beauty rooms
Hair stations
Consultation station
Large mirrors
Coffee bar
Hairdressing chairs
Reclining backwash systems
Makeup stations
Nail stations
Reception desk
Seating area

Tenure
We are advised that the business is being sold on a Leasehold basis, with a new 5 -7 year lease available for the new buyer. The rent would be £20,000 per annum and has £8,000 rates payable.

Hours
The business is currently trading 6 days a week.

Staff
We are advised that the business has staff in place. Further information can be made available upon request.

Financial Profile
We are advised as per the 2019 accounts, the business generated a turnover in the region of £310,000. Full financials can be made available upon further request.

Please quote reference B06100

Property Information

Property:

Leasehold

Contact Hilton Smythe

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