Beauty Salons for sale in Greater Manchester

View the "Large Well Established Hair and Beauty Salon" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Ian McGregor (Nov 2013)
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Leasehold Price: £27,950 Price Reduced Turnover: £60,000 Gross Profit: £10,000
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Business Description
BUSINESS
Hilton Smythe are delighted to welcome to the market Pride & Joy, established in 1975 the business is well known within the area, and benefits from the vast local community. This has resulted in a very loyal client base, with trade from repeat customers and word of mouth custom.

Our client has owned the business since 2007, and is now reluctantly selling the business due to retirement. The business has good trade all year round, and offers a range of salon treatments including styling, colouring and tinting.

We feel the turnover could be increased by opening the shop on Mondays and Sundays and/or increase trading hours. The business is currently only open 5 short days a week.

The salon is stylish with a fresh feel. The salon is decorated with a black feature wall and pink extras. There is a seating area, in the middle of the salon, giving the customers a view of all the salon.

The premises is large enough to open a nail bar or beauty room. This would be an opportunity to attract more customers and increase revenue throughout the business. We also think the business could benefit from a website.

LOCATION
Pride & Joy hairdressers occupies a double fronted property within Burnage, Greater Manchester.

Mauldeth Road a main thorough fare in Burnage, and is close by to Kingsway A34. Due to this prime trading position, the business benefits from the vast amount of footfall and passing trade. The shop is surrounded by a large amount of other retails stores.

Next door to the shop is an Italian and also a Chinese, and a varied range of other different types of shops. Along this stretch of road, is on street parking. At the front of the business is a space for parking on the path, this makes it easy for customers to just call in.

The business is surrounded by public transport, with a bus stop just outside the store, heading to Stockport or in the opposite direction Bolton. There is also a train station a 5 minute walk away.

PREMISES
The premises is based on the open plan ground floor. The salon is well presented and is well equipped for the trade.

Equipment-

6 fully equipped hairdressing stations with chairs and mirrors.
2 back wash sinks
Small reception desk at the entrance.
Till
3 hood dryers

To the back of the business-

Toilet
Kitchen
Stock room
Small cupboard

The business is fitted with CCTV and a burglar alarm.

TENURE
We are advised that the business is Leasehold

Original lease length 5 years

Remaining length of lease 5 years

Review period 3 years

HOURS
Business opening times-

Monday- Closed

Tuesday- 9am-4pm

Wednesday- 9:30am-3pm

Thursday- 9am-4pm

Friday- 9:30am-4pm

Saturday- 8:30am-4pm

Sunday- Closed

STAFF
The business is run and managed by our client with the help of 7 part time members of staff.

FINANCIAL PROFILE
We are advised that the business is Leasehold

Original lease length 5 years

Remaining length of lease 18 months

Rent £500 per month

Review period 3 years

A new 5 year lease will be granted.


Tenure: Leasehold

Listed by: Hilton Smythe
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