Unisex Hair Salon For Sale
Business for sale
Asking Price:
£159,950
Turnover:
£242,000
Annual profit:
£65,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales are delighted to offer this superb unisex hair salon for sale.The business is probably the leading salon in the town with virtually with no effective competition.
It has achieved a priceless local and invaluable reputation over the last 40 years when the current vendor established the salon.
This superb opportunity has now arisen due to the vendor wishing to slow down and retire.
The vendor is willing to work on a part time basis for the new vendor as well as conduct a hand over period subject to negotiation.
The salon provides all the normal hairdressing services. It is fully equipped for purpose and has the following:
- Computerised till
- Commercial washing machine & Dryer
- Display shelves with lighting
- Cloak’s cupboard
- Reception seating area for 2/3
- 11 work stations
- 4 back washes
- 3 wall mounted climazones
- 2 colouring trolleys
- 4 general trolleys
- 4 Wall mounted Dryers
The salon has been fully refurbished and maintained to exacting standards similar to a corporate hairdresser. It benefits from both central heating and air conditioning.
In our opinion potential purchasers are strongly recommended to view early in order to avoid disappointment.
The business has been realistically priced and the vendor may still be willing to negotiate with the right minded purchaser.
The accounting information given to us is excellently presented reflecting a fair and true trading picture with a high net benefit consisting of the vendor’s salary and the trading profit.
In addition the premises are fully refurbished to exacting standards.
A new owner could simply take hold of the reins quite easily and would spend a long time searching for a business of this quality, profitability and genuinity.
General Information
Employees:The business is staffed by: The vendor who is a stylist , shampooist for 3 days , 2 juniors, 1 improver, 4 stylists, 1 part time and 1 full time receptionist
Trading hours:Mon - Wed 9.00am – 5.30pm, Thurs; Fri: 9.00am – 6.00pm Sat: 7.30am – 12.30pm
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: 15 years Remaining lease: 15 years Review every: 3 years Rent: £13,500 per annum We are advised that the annual business: TBC.
Living accomodation:BUSINESS PREMISES The property briefly consists of: Ground Floor - Entrance door - Reception area - Computerised till - Leading into work areas - To rear stock room with metal shelving, staff rooms & male and female w/c’s The premises have ceramic floor tiling throughout and are very clean, modern and well laid out. In fact many have commented that ‘it’s the best salon in town’ and ‘it must be a lovely place to work in’.
Location:Our client is located just off the main town centre high street. The business is surrounded by a multitude of businesses, both corporate and independent retailers.
The shopping area attracts a very high volume of both passing and regular trade. Our client has the additional benefit of 17 free car-parking spaces to the rear of the premises, which are specifically reserved for staff and customers.
This town is growing in size and stature and benefits as the main shopping facility in the area.
Financing available:Please let us know if you require finance for the purchase of a business.
Employee details
Fulltime staff:
8
Parttime staff:
1
