Hilton Smythe are proud to present to the market Newton Hair Design.
The well-known business was established in 1966 and our clients took over the business in 1985 but now, have reluctantly, decided to sell due to wanting an early retirement. She also feels that the right new owner can take this already thriving business to the next level and reach its full potential.
The current business activities include styling, cutting and colouring hair on a daily basis as well as offering nail services, the salon is currently turning over a figure of £62,000 and has a gross profit circa 99%. However, we feel there is scope to improve this business by adding more beauty treatments such as eyebrow tinting and waxing, eyelash extensions and sunbeds. This could compliment the business to take it to the next level, it would also bring more trade to the shop and therefore increase the turnover.
The hair salon has its very own website www.newtonhairdesign.co.uk which is regularly updated with new products, a gallery of pictures of different styles they have created, new nail designs and contact details for the salon. Newton Hair Design could create a social media page for Facebook and Twitter and this could keep customers up to date as well as having the website as more people are on social media.
We feel as though an early viewing will be very beneficial to avoid disappointment.
TENUREWe are advised that the business is Leasehold.
A new lease is to be assigned.
Rent £10,000 per annum.
HOURSThe business is open from:
Tuesday - Thursday: 9:00am - 5:00pm
Friday: 9:00am - 7:00pm
Saturday: 8:30am - 4:00pm
STAFFThe business is currently run by 1 full time staff member, who is also a stylist, another stylist and a junior.
FINANCIAL PROFILEThe business reports an annual turnover of £62,000 per annum and a gross profit circa of 99%.
Newton Hair Design is located in the town of Newton Le Willows, Merseyside. The business is situated on busy main road with residential homes and other thriving businesses including the local vets, subway restaurant and a traditional sweet shop. The business benefits highly from the footfall due to the residential homes in the area.
Newton Le Willows is a market town in the Metropolitan Borough of St Helens and is located about 15 miles away from Manchester and Liverpool. According to a census that was taken in 2011, Newton Le Willows is home to 22,114 people.
The area is served by a public transport system with several bus stops within walking distance of Newton Hair Design. Newton Le Willows railway station is located a 2-minute drive and about a 10-minute walk from the hair salon. The M6 runs close to the area.
The business premise is a very open and welcoming space.
Newton Hair Design is fitted with a reception area and is completed with a cash machine, 2 back wash areas and a front wash area. There are 7 styling chairs located in the shop and it is beautifully decorated with mirrors fitted on the walls.
This room is currently used as a colouring room and is nice and private, there are 2 dressing chairs located in here with mirrored walls, this room is also beautifully decorated.
To the rear of the shop there is a nail room and this is fitted with 2 nail bars with chairs.
The premise is also fitted with a toilet which is brightly and nicely decorated and a kitchen area which is completed with wall and base units, a stainless steel sink, washing machine, dryer, microwave and CCTV.