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Buying a Hair Salon with Hilton Smythe

Do you dream of giving up your rented chair?

Buying a hair salon is the first step to becoming your own boss and reaping the rewards of your hard work. At least one hairdresser’s can be found on every high street and you shouldn’t have to worry about ever losing business – everyone needs a regular hair cut!

Can you handle the heat in this powerful industry?

Hair salons are a mainstay in every British town, village and neighbourhood, and as such there are around 40,000 hair and beauty businesses in the UK. If you owned your own salon then you would help to contribute to the £7bn generated in turnover each year by the hairdressing, beauty and barbering industry.

Many hair salons also have beauty rooms which can be rented out by nail technicians and other beauticians. This improves convenience for clients who can often get a blow dry and their nails done at the same time! Hair salons often work with a business model which suits self-employed hairdressers and beauty therapists, rather than paying individual salaries. This can work in the owner’s favour, as you don’t have to worry about bringing clients through the door to pay wages.

 

Salon 19 in Consett is currently up for sale, as its owners seek retirement in the sun. Click here.

The rise of the barber shop

The trend for male grooming has rocketed over the last few years and has made way for a rise in the traditional barber shop. It’s one of the biggest drivers behind the boom in the overall beauty industry, as men are now increasing their annual spend on grooming. More men are brandishing facial hair and flaunting hipster hairstyles, and these need regular upkeep. Cool barber shops which only offer men’s services such as haircuts, wet shaves and eyebrow trims, have been popping up in trendy neighbourhoods all over the nation and are now a huge part of the industry. Search for your ideal commercial property to transform into your perfect barbers today.

How to own a business

It can be daunting making the leap from hairdresser to business owner. However, if you are successful in your field and have the right skills, it could be the best career move you ever make. Start making more money by investing in your own hair salon or barber shop and building up your client base.

The majority of people require some sort of loan or funding in order to finance their business. It can be a complex process, but at Hilton Smythe we like to help people achieve their dreams and will help you secure the finance you need.

Don’t get tangled up about your finances – just leave it to us. We have a dedicated finance team to help you apply for the capital you need to buy your dream business. Browse the hair salons currently for sale and get in touch to start your journey of becoming a business owner.

Read some of our helpful guides and blogs

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