Beauty Salons for sale in Bradford

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 We were searching for a retirement business opportunity and we found it on www.daltonsbusiness.com 

Mr & Mrs Neville (Sept 2013)
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Freehold Price: £176,000 Turnover: £26,000 Gross Profit: £18,200
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established hair and beauty salon business, which is ideally located within Bradford, West Yorkshire.

The business was originally established in 1990 and has been in our client’s careful ownership since 1998. Only now is the business being offered to the market due to our client’s desire for a well-deserved retirement. The business currently operates 6 days per week and generates a turnover in the region of £26,000 per annum, with a gross profit of approximately 70%.

Our client offers a variety of unisex hair and beauty salon services. The salon boasts approximately 31 sq. metres of floor space, is well maintained and fitted out to suit the trade. Also included within the sale is the owners’ accommodation, which comprises a large lounge area, kitchen/dining room and three bedrooms. Located to the side of the house is a detached garage and rear garden.

The property is suitable for a number of uses, it was previously a butchers, but could potentially be a convenience store, should a new owner desire.

The business has built up an excellent reputation within the area for the high quality of the service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, as the business is currently being run at a pace to suit our client. A new owner could also embark on a modest marketing campaign to highlight the services offered. We feel the business would benefit from the launch of a website to promote the business.

This is an excellent opportunity for a new owner to take this business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

LOCATION
Cutting Edge hair and beauty salon occupies substantial premises, ideally located within Bradford in West Yorkshire. The business is located on Boltby Lane and is surrounded by densely populated residential areas, from which the business derives much of its trade. The hair salon benefits from a high volume of footfall and passing trade, as well as good car parking facilities to the front of the premises and on-street parking.

Bradford is a city, set in the foothills of the Pennines. According to the 2011 census, the city had a residential population of 528,155. Bradford is a vibrant, creative and cosmopolitan city. It has a lively nightlife with restaurants serving food from all over the world, as well as shops, cinema’s and sporting venues.

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 Low Moor, which is approximately 2½ miles away. The area is also well served by the A-roads, with the A6036 being within easy driving distance of the property. Bradford city centre is approximately 3½ miles away and Halifax is 4½ miles away.

PREMISES
Substantial premises, ideally located within a prime trading location, briefly comprising:

The salon has two entrances, one to the front of the shop and one from the owners’ accommodation.

To the right of the entrance is a large tiled room, which could be used as a beauty room or for sun beds.

To the rear of the main salon is a small room, currently used for beauty treatments.

The main salon boasts two styling stations, a backwash and reception desk.

Owners’ accommodation with:

Ground floor:

Large lounge with a corner bar area.

Large country style kitchen with base units, free standing oven and overhead cupboard.

First floor:

Three bedrooms.

Bathroom with shower over bath.

External:

Large triangle shaped garden with views overlooking the Pennines.

Small raised decking area.

Detached garage.

TENURE
We are advised Freehold.

HOURS
The business is open:

Monday – Saturday: 9.00am – 5.00pm

Sunday: Closed

STAFF
The business is owner run and managed with 1 x sub-contracted staff member.

FINANCIAL PROFILE
The business generates a turnover in the region of £26,000 per annum, with a gross profit of approximately 70%.



Tenure: Freehold

Listed by: Hilton Smythe
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