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INDEPENDENT HAIR & BEAUTY SALON - £435,000

Seller: Attn: Andrew Hudson
Location: Worksop, Nottinghamshire, United Kingdom, GB
Listing Number: "CQ132 "


Asking Price: $720,434 USD USA Dollars
Industry: Services: Hair, Nails, Spas, Tanning
Reason for Selling: new owners would be able to grow the business
Year Established: 19995
Number of Employees: 9
Yearly Revenue: $220,616
Yearly Net Profit: $34,817

Overview of the Business:

This is a small independent Hair & Beauty salon which was set up by the owner in 1995. From that time it has firmly positioned itself as the market leader and the busiest salon in the town, with a regular clientele coming from in and around the nearby area. The business has gone from strength to strength within that time offering exceptionally high standards in all hair, and most recently, beauty services.The owner looks after the running of the hair salon and sub lets part of the building to a beauty therapist on a monthly basis. The hair salon only utilizes brand leading hair treatments and has long standing relationships with their suppliers, who provide ongoing training and advice on new treatments, which ensures the salon can in turn offer their customers the very latest products. The business has been built on providing the quality of services and treatments normally associated with leading city center chains, but at far more competitive prices The staff are a true asset of the business and able to provide a comprehensive cutting and styling portfolio as well as coloring, perming, hair extensions and styling for special occasions such as weddings.


Property Features and Assets:

This is a large stone built, four story property in a high street location in Worksop with a large private car park at the rear of the salon. The basement cellars are at present used solely for storage but are dry, clean and could easily be converted into a working area. On the ground floor is a reception, cutting room, coloring room, shampooing area and storage room with separate customer and staff toilets. The first floor is split into two with a cutting room on one side and the beauty salon separately partitioned off on the other side with a separate downstairs entrance. The beauty salons have three treatment rooms and tanning booth on the first floor. The top floor is also partitioned into two with the hair salon staff room on one side and another treatment room and on the beauty side. The owner would ideally like to sell the freehold property with the business but would be prepared to listen to offers for the business and lease the premises over a period of time.


Market Competition and Expansion:

The owner has no marketing or advertising budget. She believes that they would benefit however from having their own website.


Additional Details:


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