Status: For Sale
Tenure: Leasehold
Leasehold Rent: £15,000 per annum
Turnover: £80,000
Busy Hair & Beauty Salon in Urmston, Greater ManchesterBusy Hair & Beauty Salon in Urmston, Greater ManchesterBusy Hair & Beauty Salon in Urmston, Greater ManchesterBusy Hair & Beauty Salon in Urmston, Greater ManchesterBusy Hair & Beauty Salon in Urmston, Greater ManchesterBusy Hair & Beauty Salon in Urmston, Greater Manchester
£69,950 + SAV

Busy Hair & Beauty Salon in Urmston, Greater Manchester

For Sale
  • Reference: 12672 D
  • Location: Urmston, Greater Manchester
Hilton Smythe is delighted to welcome to the market this well-established and popular hair and beauty salon in Urmston, Greater Manchester.

The business was established by our client in 2004 and is only now being offered to the market, due to our client's personal reasons. The business currently operates 5 days per week and generates a turnover in the region of £80,000 per annum, with a gross profit of approximately 85%.

Our client offers a wide variety of unisex hair and beauty services including cutting, colouring, restyling, men's styling and children's styling. The business is the first salon outside of central Manchester to be awarded 5 stars by the Good Salon Guide.

The business has built up an excellent reputation within the area and further afield, for the very high quality of the services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering Monday trading. A new owner could also embark on a modest marketing campaign to highlight the excellent services offered. The business already has an excellent website in place to advertise the business, which could incorporate online booking facilities.

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

TENURE

We are advised Leasehold:

Original lease length: 10 years
Remaining lease length: 8 years as of 2017
Rent: £15,000 per annum

HOURS

The business is open:

Monday: Closed
Tuesday: 9.00am - 6.00pm
Wednesday: 9.00am - 4.00pm
Thursday: 9.00am - 9.00pm
Friday: 9.00am - 6.00pm
Saturday: 9.00am - 4.00pm
Sunday: Closed

STAFF

The business is owner run and managed with 1 x part time staff member.

FINANCIAL PROFILE

The business generates a turnover in the region of £80,000 per annum, with a gross profit of approximately 85%.
Nikki & Co occupies substantial ground floor premises, ideally located within the town of Urmston in Trafford, Greater Manchester. The property is situated on the very busy Flixton Road and is surrounded by a wealth of complimentary shops and businesses, therefore benefiting from a very high volume of footfall and passing trade, as well as on-street car parking facilities to the front of the premises.

Urmston is a thriving town in Trafford, Greater Manchester. According to the 2011 census, the town had a residential population of 41,825. Historically in Lancashire, it is approximately six miles southwest of Manchester city centre. Urmston is one of the main urban areas in Trafford, which includes Davyhulme and Flixton.

The area of the business is very well served by the public transport system, with a bus stop directly outside the property. Urmston railway station is less than 5 minutes' walk away. The area is also well served by the A-road and motorway networks, with the M60 being just a short drive away. Eccles is approximately 3½ miles away and Sale is 5 miles away.
Substantial ground floor premises, in a prime trading location, briefly comprising:

Double fronted lock-up premises.
Large open plan salon.
Reception area with sofas and computer system with automatic booking system.
7 x styling stations.
2 x back washes.
Beauty room to the left.
Small spray tan room.
Kitchen to rear.
Small beauty room.

The beauty rooms are currently sub-let, which covers half the rent.

Equipment included:

7 x styling stations.
2 x back washes.
Sinks.
Chairs.
Mirrors.

The salon benefited from a £25,000 refurbishment in the past twelve months.

Contact us today for more information

To help prevent spam please type the code on the left into the textbox below: