Sold

Stunningly Presented Hair Salon

Leeds, West Yorkshire

£49,995 +SAV

Ref: B05076

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Description

Under Offer

Hilton Smythe are delighted to present to the market Sketch Hair, established by our client in 2009 and now reluctantly offered to market due to a career change.

This is an already reputable business with fantatsic opportunties for growth and expansion and needs someone ready and prepared to take it to the next level.

Our client spent a significant amount transforming the business into a contemporary City Centre salon with lots of work stations.


The large salon offers a range of services including full hair colouring and cutting services.

The beautifully presented salon enjoys a very loyal customer base including a salon team. 

The business operates 6 days per week and generates a turnover in the region of £71,000 per annum, with a high gross profit.


Early viewing of this rare and outstanding business opportunity is highly recommended, with the business genuinely coming to the market as our client desires a change of career

Tenure

Leasehold

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

New 10 Year Lease to be arranged with landlord

Rent: £19,500 per annum.

 Business Rates was £7487 but recently reduced to £4900


Hours

Monday to Wednesday 10.00am - 6.00pm
Thursday 11.00am - 8.30pm
Friday 10.00am - 5.30pm
Saturday 9.00am - 5.30pm
Sunday Closed

Financial Profile

Sketch Hair generated an advised turnover of circa £71,000 as of the 2018 accounts, with a gross profit of £ 67,707.

Location

Sketch is a cosy salon situated right in the hub of Leeds City Centre.

The business is surrounded by a wealth of shops, offices and businesses and benefits from a high volume of footfall and passing trade.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

Leeds central station is just a 2-minute walk away. 

The area is also well served by the A-roads within easy driving distance of the business, which link to the M621 motorway network.


Premises

Immaculately presented with stylish décor with a good level of Modern-day equipment to suit the trade.

Equipment -

  • 10 salon chairs
  • 11 mirrors
  • 3 back washes
  • 300 year old antique cupboard
  • 250 year Victorian chair
  • 300 year old bureau desk
  • 2 reception chair benches
  • 10 side tables
  • Salon master boiler
  • Air con unit
  • Set of drawers
  • Audio speakers built in to ceiling.
  • Audio speaker connected to speakers, ready for iPods etc.
  • Coat stand
  • Tumble dryer, fridge

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