For Sale

Newly Refurbished Hair Salon

West Yorkshire

£27,950 +SAV

Ref: 2381 F

Contact sales negotiator

Kai Pollitt-Parry

01204556303

Email Kai Pollitt-Parry

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Description

Hilton Smythe is delighted to welcome to the market this well-established and very popular hair salon in West Yorkshire. The business was established by our client in 2010 and is only now being offered to the market due to our client`s desire to re-locate. The business operates 5 days per week and generates a turnover in the region of £38,000 per annum, with a gross profit of approximately 95%.

Our client offers a wide variety of unisex hair services including cutting and styling, conditioning treatments and colouring services and Hair extensions. The premises are well-equipped to suit the trade and have been fitted to a high standard throughout. The business has built up an enviable reputation within the area for the 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.

The business has an excellent website already in place to advertise the business and services offered. We feel the turnover could be increased by extending the opening hours of the business, perhaps by opening on Monday as currently the business is closed on that day. A new owner could also embark on a small marketing campaign to highlight the services offered. 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

Leasehold

The current tenant is on a rolling lease, we are advised the Landlord is happy to renegotiate a new lease.
Current rent figure of £369 per month.

Hours

The business is open:

Monday-Saturday, late nights to suit

Staff

The business is owner run and managed with 1 full time self employed, 2 part time, 1 part time self employed and a beautician.

Financial Profile

The business generates a turnover in the region of £38,000 per annum, with a gross profit of approximately 95%.

Location

This popular hair salon occupies substantial modern ground floor lock-up premises, ideally located just off a main road in a well known town in West Yorkshire just 5 miles from Pontefract. Therefore benefiting from a large volume of footfall and passing trade. The property is surrounded by densely populated residential areas, from which the business derives much of its trade. The business benefits from ample free parking facilities to the front of the premises. Close by to the business is a large housing development which is yet to be complete. This development will bring in a high increase in footfall, which will allow the purchaser to expand their customer base.

The area of the business is well-served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is approximately 10 minutes` walk away. The area is also well served by the A-roads, with the property located just off a busy A-road, which links to the vast A-road and motorway networks.

Premises

Detached self-contained unit in a prime trading location, briefly comprising:

Main salon with:

Laminate flooring.
Reception desk with chair, PC and telephone.
Waiting area with 3 x chairs.
6 x hairdressing stations with mirrors.
Display shelving.
Separate hair wash room with 2 x backwashes.
WC.
Attractive décor and high quality fixtures and fittings.

This is a newly refurbished property, that looks modern, clean and fresh.

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