For Sale

Long-Established Town Centre Hair Salon

Bingham, Nottinghamshire

£12,500 +SAV

Ref: B04766

Contact sales negotiator

Sarah Moores

01204556309

Email Sarah Moores

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Description

Hilton Smythe welcomes to the market The Little Hair Room, a long-established town centre hair salon, business for sale due only to our client's wish for a well earned retirement.

The business benefits from a healthy and large number of very regular clients who are extremely loyal to its stylists. Offering, blow dry and set, colourings, and traditional styling, the salon also offers a superb selection of products. There is a quality mix of clients via much footfall, walk-in and passing trade.

Established over 5 years, the salon has a fantastic reputation and is renowned locally and more widely, with client's coming from far afield. Although, listed online via local directories, there would be scope and merit in updating the business’s current website and local social media channels.

An already successful and long-established operation with consistent and excellent historical financials, there is always room for organic growth. There is the opportunity to extend or play with the current opening times, which are currently set to suit our client and their lifestyle. Suitable as a first-time business buy, or young blood partnership purchase, there remains excellent growth and scope for someone to drive the business on to a newer level.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold.

Rolling Lease

Rent: £ 8500 per annum.

No Business Rates

Hours

Monday: Closed
Tuesday: 9:00 am - 7:00 pm
Wednesday: 9:00 am - 5:00 pm
Thursday: 9:00 am - 5:00 pm
Friday: 9:00 am - 7:00 pm
Saturday: 9:00 am - 2:00 pm

Staff

The business is run by our client with the help of two self-employed hairdressers.

Financial Profile

The Little Hair Room generated an advised turnover of circa £36,000 as of the 2017 accounts.

Location

Hilton Smythe welcomes to the market The Little Hair Room Bingham, Bingham is a market town in the Rushcliffe borough of Nottinghamshire, England, nine miles east of Nottingham and 11.7 miles south-west of Newark-on-Trent.

The town had a population of 9,131 at the 2011 UK.

The business benefits from both passing traffic and footfall, with vehicles stopping at the traffic just outside the business.

There is free pavement parking to the front and the business benefits from good clear signage.

Premises

A beautifully presented ground floor salon, in a prominent position.

Well presented, maintained, and appointed throughout with lovely décor and ambience.

The sale includes all fixtures and fittings such as:

• Chairs
• Back washes
• Shelving
• Microwave
• Kettle
• Fridge
• Styling equipment and much more

3 styling sections including:

• Mirrors and hand held back mirrors
• Client chair
• Reception desk and 3 waiting chairs
• Hood dryer
• Hair towels
• Wall unit with double back bowels and shower units
• Stock (including colours, perms)
• Washer
• Dryer


Our client values the assets at £10,000.

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