Busy Hair Salon in Birmingham
Price:
Leasehold - £29,950
Location:
West Midlands , Birmingham
Business Type:
Service Businesses
Preferred Commercial is delighted to offer for sale this busy hair salon, which was established by our clients in 1963 and which is only now offered to the market due to our clients' wish to retire. The business trades 5 days a week and generates a turnover in the region of £72,885 with a gross profit of 64%. Rogers of Quinton offers general hairdressing services, along with specialist colouring and perming. We feel the turnover could be increased by extending the opening hours and perhaps embarking on a modest marketing campaign. The new owner could, if desired, introduce beauty products and treatments and perhaps a nail bar. The business has an excellent reputation for providing a high quality service and enjoys a loyal customer base, with much repeat trade. The premises are well-equipped and have been finished to a high standard throughout. This is an ideal opportunity to acquire an already busy hair salon, in such a sought after area, with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Rogers of Quinton occupies ground floor lock-up mid-parade premises, ideally located on the busy A456, leading into Birmingham city centre. The salon is surrounded by a large residential area, from which it draws much trade. There are a variety of complementary independent shops and businesses and numerous bus stops close by. The business enjoys a high footfall and receives much passing trade from the busy A-road and the M5 motorway, which is nearby. Quinton is a popular residential area 5 miles from the city centre of Birmingham. Dudley lies approximately 6 miles away, while Wolverhampton is 11 miles away.
Leasehold
Original length:10 years
Remaining: 4 years
Review:every 5 years
Rent:£8,160 per annum
Mon:Closed
Tues - Sat: 9:00am to 5:00pm
Sun:Closed
Substantial ground floor lock-up salon premises. Briefly comprising:
Ground Floor
• Open-plan salon with reception area, 8 x mirrored cutting stations, bank of 5 fixed drying stations, washing area with 2 x back wash stations and front wash station
• Staff room
• Kitchenette
• WC with wash hand basin
• Store room
• Exit to rear
External
• Shared service yard
• Front and rear parking facilities
North Yorkshire
£ 750,000
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