9055S Freehold Hair Salon F/H £210,000 or L/H £55,000 Sheffield
Advert ref: #3219
Category: Hair and Beauty
Location: England -> Yorkshire & Humberside -> South Yorkshire -> Sheffield
Category: Hair and Beauty
Location: England -> Yorkshire & Humberside -> South Yorkshire -> Sheffield
Business for sale
Asking Price:
£210,000
Turnover:
£61,200
Annual profit:
£1
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
12
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
LOCATIONOur client is ideally located within a small parade of shops within a residential area south of the city of Sheffield. The immediate vicinity consists of a mini market and a laundry and cleaning business, surrounded by a good stock of residential houses.
There are ample parking facilities for customers in front of the premises with further private parking for staff to the rear.
The area is accessed by the A61, which links Chesterfield to Sheffield.
THE BUSINESS
Advent Business Sales are delighted to offer for sale this popular and well established ladies and gents hairdressing salon.
Established over 35 years ago, the business has been in the careful ownership for the last 30 years and has now decided to offer the business for sale, with retirement plans in mind.
Our client has built up an enviable reputation with several repeat customers. The salon has been kept updated to modern keeping and has recently been refurbished with several new acquisitions.
The salon consists of 7workstations, 7 dryers, three backwashes and a fixed infrazone and two climazones.
Our client offers all the usual services including cut, wash, blow dry, colouring, perms, sets and styles. A work station is used for gent’s barbers, which is also highly popular.
The business is staffed with two full time and 2 part time employees plus vendor who also works part time.
Our client does not advertise anywhere as the customers are regular and some come from a great distance.
Recently a new boiler and water system has been installed to allow maximum effect with other décor enhancements.
The business offers a pleasant experience for its customers.
To the rear of the premise, there is an extension of approximately 30x8ft which currently is used as storage, however in the past it was used as a beauty room.
There is tremendous scope to generate further business by extending the opening hours in the evenings to entice those who cannot come during the day.
There is also scope to use the rear extension as a beauty room which could generate further income.
REF: 9055S
TRADING HOURS
Mon-Fri: 9am – 4pm
Sat: 9am – 1pm
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £61,292
Gross Profit: £54.563
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
A well presented salon with a good parade location consisting of the following:
Ground Floor
• Entrance from parade leading into main salon
• Reception area
• 7 x work stations
• 7 x dryers
• 3 x back washes
• Infrazone and 2 climazone
• Kitchen, staff area and w/c to rear
• 30x8ft extension with glass roof.
• Rear fire exit
TENURE: Freehold
We are advised that the annual business rates are currently: £422 inc water
Lease terms to be negotiated
