Fantastic Investment Opportunity - Hair & Beauty Salon for Sale
Price:
Leasehold - £35,000
Business Type:
Service Businesses
Fantastic Investment Opportunity
Hair & Beauty Salon for sale
An amazing investment opportunity has arisen to purchase a successful Hair and Beauty Salon in East Herts. The salon, which has been trading for 2 years in February 2010, was originally founded by an experienced Beauty Therapist and Hairdresser who have built up a loyal client base. The sale has arisen due to one of the partners wishing to emigrate.
The premises, which have been leased to hairdressers for over 20 years, are well placed within a beautiful village. The surrounding area is affluent and the salon is approx 500 yards from a main line train connection into London therefore it is classed as a very desirable commuter area. The property is leased for £7500 per annum and currently has 3 years remaining on the lease which we have been advised will have no problem renewing.
The exterior and interior of the salon are decorated to a very high standard. The salon is divided into the main service area, with a kitchen / staff room, colour mixing area and W.C. at the rear of the property. Approx. Size of the service area is 20m², and contains a well equipped beauty treatment room - completely enclosed for privacy, three styling stations, a backwash area, a reception desk and a waiting area. There are also plenty of display shelves for retail. Prior to opening in February 08 the salon was given an extensive refurbishment with a full re-wiring, re-plumbing (new boiler) and a new floor throughout. The salon also benefits from Gas Central Heating.
The business currently operates 5 days a week Tuesday through to Saturday with one late evening on a Thursday until 8pm. Late Summer through to Christmas 2008 the salon trialled extra opening hours on Sundays and Mondays and found these very popular – especially during December. Staffing levels are currently, both partners working full time in their respective roles – hair and beauty, one part-time stylist and one part-time therapist, who also combines her role with reception and junior roles as and when required.
The salon has quickly established itself within the area, with a very good reputation. The business prides itself on excellent customer service and a professional but friendly approach which has proved popular with clients. Currently drawing clients from the surrounding area the owners have continued to push marketing within local press, leaflet drops and most successfully word of mouth.
The brands used within the salon reflect the professional nature of the business with Wella being the choice of product for Hair services and Dermalogica and Bio Sculpture for Beauty. All services are popular within the salon with many clients rebooking their next appointment on completion of their current appointment.
Average monthly turnover £8500 (April 09 - Dec 10)
Current asking price is £35,000 plus stock on completion. The landlord will also require a deposit of £4000 on re-assignment of the lease.
For further information please contact sellers on 07890715604
|
|
|