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Well Established Traditional Hair Salon For Sale

Rotherham, South Yorkshire, UK
Asking Price:
£39,995
Turnover:
£32,848
Net Profit:
Available on request

Business
Please quote reference B06060

Hilton Smythe welcomes to the market an exciting opportunity to acquire, (on a leasehold basis) a long standing, popular and exceptionally well run hair salon. The business has built up an enviable reputation within the local area, a true testament to the hard work & dedication from the current owner.

The Hair Salon has been under the careful and meticulous ownership of our client for the last 16 years and is only now on the open market for sale as a result of our client’s poor health. The business has built up a fantastic client base over the years, with many loyal customers and is seen as a real hub within the community and can be found in true “turnkey “condition after an extensive programme of refurbishment over the last year.

The business offers traditional hair salon services, but we feel there is fantastic scope to increase turnover with the introduction of further beauty treatments, along with the potential to rent a chair to another stylist, and the undertaking of a modest marketing campaign via local press, radio, social media, and introduction of a dedicated website to help further promote the salon and services.

The business trades on its reputation and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the local area.

A tremendous opportunity to own this turnkey business, and early enquiries must come highly recommended to avoid disappointment.

Location
The business is located in Rotherham, situated within a small parade with a good amount of footfall and passing trade.

The area further benefits from being well serviced in terms of local amenities.

Premises
The business is located in a traditional semi-detached commercial premises, with wheelchair friendly access from street level, into a bright well-presented salon, with customer waiting area, feature reception desk, backwash station and stylist area, product display stands, stock room located to the rear along with W/C, further room that could be utilised as a beauty room, rear exit leading to designated parking at the rear of the premises.

The business further benefits from double glazing, gas heating, alarm system and excellent signage.

The following equiptment is also included in the sale;

Chairs
Styling stations
Retail stand
Reception chairs
Reception table
Desk & stool
Backwash
Dresser unit
2 x trolleys
Advertising board
Fridge & Microwave

Tenure
We are advised that the business is being sold on a Leasehold basis, which currently on a yearly rolling lease. The rent is £500 & the business has £0 rates payable.

Hours
The business is currently trading;

Monday – Closed
Tuesday – 09:00 – 16:00
Wednesday – Closed
Thursday – 09:00 – 16:00
Friday – 09:00 – 19:00
Saturday – 08:30 – 17:00
Sunday - Closed

Staff
We are advised that the business as 1 full time staff member.

Financial Profile
We are advised that as per the 2020 accounts, the business generated a turnover in the region of £35,000, with an adjusted net profit in the region of £20,000. Full financials can be made available upon further request.

Please quote reference B06060

Property Information

Property:

Leasehold

Contact Hilton Smythe

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