WT £1,000 - £1,200, 2nd Rental Income of £27,300 PA
Current owner not a stylist, exceptional staff
Outstanding social media presence
EPC Rating – Band D
Blacks Brokers are delighted to bring to the market this chic, state-of-the-art hair and beauty salon featuring an advanced hair extension boutique, Xtreme lash and HD brow lounge, operating from a busy main road location in Manchester.
This business is a limited company which has been trading for many years and the business is only being offered for sale due to the current owners plan to move abroad. This has therefore created a fantastic opportunity for a new owner to enjoy all the benefits of this well-respected business and enjoy the lucrative income stream.
The business has multiple sources of income which helps in reducing the liabilities associated with salon ownership and has the additional benefits of increasing the return on investment for a new owner.
The salon offers chair rental at a fixed fee on a contractual basis. Current capacity is for 6 stylists with extra facilities to increase this. The current owner specialises in hair extensions and therefore this income, along with the income from the three paid staff members, contributes to the actual turnover of the salon.
What makes this business such an impressive proposition is not only the lucrative income streams but the flexibility of the proposition itself. A new owner could step into the salon as a hair stylist, beautician or indeed, simply front of house. Therefore, the potential purchaser could be a fully trained person within the industry or similarly, someone new to the world of hair and beauty.
This award-winning salon holds a large client base that has enabled the salon to work with celebrities due to its connection with record companies and entertainment agencies. This high profile client list come to the salon for its' breakthroughs in hair technology and its' Hairdreams associations. The current owner is instrumental in this arena and has offered to stay on at the salon on a chair rental basis should the new owner wish to take advantage of this offer.
In summary, it is a breakthrough salon that offers clients a specialist service in a relaxing ambiance in this convenient location. Offering a new owner the security of chair rental arrangements on contract alongside salon turnover, this business certainly is a unique proposition providing a lucrative income. The business is offered to the market on a confidential basis to protect its brand and the valued team members that work within it. Early viewings are advised as a speedy completion is anticipated.Fixtures:
A full list of fixtures and fittings available upon request
Entrance, main cutting floor, treatment rooms, access to first floor, beauty rooms
Location Details: Town Undisclosed
Leasehold Term: Rent: £230 Per Week
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