Status: For Sale
Tenure: Leasehold
Leasehold Rent: £628 per month
Turnover: £52,000
Busy Hair & Beauty Salon in Birmingham For SaleBusy Hair & Beauty Salon in Birmingham For SaleBusy Hair & Beauty Salon in Birmingham For SaleBusy Hair & Beauty Salon in Birmingham For SaleBusy Hair & Beauty Salon in Birmingham For SaleBusy Hair & Beauty Salon in Birmingham For SaleBusy Hair & Beauty Salon in Birmingham For SaleBusy Hair & Beauty Salon in Birmingham For Sale
£31,950 + SAV

Busy Hair & Beauty Salon in Birmingham For Sale

For Sale
  • Reference: 2754 G
  • Location: Birmingham, West Midlands
Hilton Smythe is delighted to welcome to the market this well-established and popular unisex hair & beauty salon in Birmingham, West Midlands.

The business was established in 2005 and has been in our client's careful ownership since 2009. Only now is the business being offered to the market due to our client's other interests. The business operates 5 days per week and generates a turnover in the region of £52,000 per annum, with a good gross profit.

Our client offers a variety of services including haircuts and styling, hair colouring, gents styling and spray tanning. The business has built up an enviable reputation within the industry for the high quality of the service 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 introducing more beauty treatments or a nail bar. There is also scope to increase the opening hours or embarking on a modest marketing campaign to highlight the excellent services offered. A new owner could also rent out the beauty rooms to generate further income.

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: 7 years
Remaining lease length: 2½ years as of 2017
Review every: 3 years
Rent: £628 per month.

HOURS

The business operates:

Monday: Closed
Tuesday: 9.00am - 5.00pm
Wednesday: 10.00am - 8.00pm
Thursday: 9.00am - 7.00pm
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 £52,000 per annum, with a good gross profit.
NKB Hair and Beauty occupies substantial ground floor premises, ideally located in Birmingham, West Midlands. The property is situated within a small parade of complimentary shops and businesses on the busy Hollybank Road, therefore benefiting from a high volume of footfall and passing trade. The business is surrounded by densely populated residential areas from which the business derives much of its trade.

Birmingham is a city and metropolitan borough in the West Midlands. It is the largest and most populous British city outside London, with an estimated residential population of 1,123,300. The city boasts a variety of attractions including a state-of-the-art library and beautifully restored Victorian buildings, as well as picturesque canals with waterside bars, restaurants, attractions and cruises.

The area is well-served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is at Yardley Wood, which is just over one mile away. The area is also well-served by the A-roads, with both the A41 and A441 being within easy driving distance, which link to the vast A-road and motorway networks. Birmingham city centre is approximately 6 miles away and Coventry is 18 miles away.
Substantial ground floor mid-parade premises, briefly comprising:

Main salon with:

Large windows creating a light and airy feel.
Laminate flooring.
Customer seating area with two leather settees.
Bespoke counter with free standing shelving unit.
4 x styling stations with mirrors, shelving and power points.
2 x backwashes with Triton shower units.

Beauty room 1:

Good sized treatment room with reclining chair, free standing shelving unit and tiled flooring.

Beauty room 2:

Currently being refurbished as a tanning room.

Beauty room 3/Office:

Currently being used for storage, but has potential for use as an office.

Kitchen/Staff room:

Vinyl flooring.
Stainless steel sink unit.
Worktops with space for kettle, microwave and tumble dryer/washing machine beneath.

WC.

External:

Good signage.
Free parking to front.

Contact us today for more information

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