Hilton Smythe welcomes to the market Geo Hair Design. The business was originally established in this area over 50 years ago. Over the years this salon has generated a generous clientele base. Our clients first took over the business around 14 years ago. The owners are now looking to sell the salon due to the desire to focus on other business interests.
The business offers a great range of services such as semi-permanent make-up, nails, facials waxing and other beauty treatments. The salon also offers party packages and cater for weddings and bridal parties. The semi-permanent make-up is done by a woman who rents the room. She provides the owners with 15% per client.
The salon generates an advised turnover of around £62,000 per annum with a gross profit of 83%. This is a healthy turnover that could be increased if the new owner was to set up an advertising and marketing campaign. The business has a Facebook page that is updated daily with products and photos of clients after treatments. This is a fantastic way of advertising the business and should be carried on by the purchaser.
This is a very popular hair salon in this location with a huge client base. This is a turnkey opportunity perfect for a first time purchaser. Hilton Smythe highly advise early viewing to take in the full potential of this trade.
Geo Hair Design is located in Uplands, Bristol.
The salon is situated on a retail parade of stores. There is a café and a Premier store. Directly outside are parking bays for customers. This is a residential location from which the business received much of its trade. This is the main hair salon in this area.
The road on which the business is situated runs off from an arterial road through Bishopworth. The main road is the A38 which heads directly into Bristol. Bristol is just a short 15 minute drive away from this area. This is a great location as the salon sees a heavy amount of passing trade.
The business boasts a large double fronted property. There are windows across the front which allow for a bright interior.
On entrance is the service counter with a till, on the left is a sofa for awaiting customers. On the left wall is the hair wash station. Across the back wall are three stylish stations with separate mirrors and shelving. There is also another styling station behind the counter.
The nail station is moved around where it fits best, currently next to sofa but often by the hair chair behind the till. Through to the rear of the premise are more rooms. There is a kitchen with a sink, fridge, washing machine and tumble dryer. There are also two further rooms where all the beauty treatment is done.
Beauty room and tattoo room – where the semi-perm make up is applied, both rooms have beds. The tattoo room is rented by a women who is qualified to do it and she pays 15% per client.
Equipment included in the sale is as follows-
4 x Hair Chairs
Universal Contour Wrap – body fat reducer
Beautician beds x2 – one for tattoo
Washer – Dryer
We are advised the business is being sold as a Leasehold opportunity.
Original lease length: 3 years
Remaining lease length: 3 years as of 2016.
Rent: £933 per month
The business opening hours-
Tuesday: 9am – 4pm
Wednesday: 9am – 4pm
Thursday: 9am – 6pm
Friday: 9am – 7pm
Saturday: 8:30am – 2pm
The business is run and managed by our clients with the help of 2 part time members of staff.
The business generates a turnover in the region of £62,000 per annum.
Gross profit 83%
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