Intelligent Business Transfer are thrilled to bring to the market this superb opportunity to acquire a fashionable hair and beauty salon in Ilkeston.
They have been established for almost 10 years and has experienced growth on an annual basis since then. The business offers a range of different hair and beauty treatments to their loyal customer base. The salon has been renovated to a stunning standard and offers their clients a different experience to what they would find at other salons in the area.
The turnover of the business is in the region of £90,000, despite limited opening hours due to the vendor’s personal commitments. The business also boats impressive gross profit margins and a net profit figure of £24,528.
Despite the impressive financial figures of the business a potential buyer could increase these significantly. A potential buyer could choose to rent out a chair or room to a hairdresser or beautician, which would increase the sales revenue significantly. The current vendors have been approached to do this on a number of occasions but have chosen not to.
It is with a heavy heart that the current vendor is looking to sell the business due to personal commitments. This business would suit an entrepreneur with a passion for hair and beauty, who is looking for a fashionable salon with huge potential.
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