Hilton Smythe welcomes to the market Creations. The business was originally established in 2000. Our client first took over the business in 2008 and has run the salon to a high standard. The owner is now looking to sell the business due to family commitments.
The business runs as a hair and beauty salon offering a full range of products and services; such as perms, cut and blow, colouring, wedding hair, eyebrows, makeup and eyelashes. There is a plethora of treatments to choose from, making this a very popular salon, which benefits from repeat loyal clientele.
The salon generates a healthy turnover of around £63,000 per annum with a gross profit of 91%. This turnover could be increased with a website and Facebook page. Free social media sites are a great way of advertising a business.
The business does offer an online booking page through Treatwell. This has all services available with a price list and a time scale of each treatment. The site also allows for reviews; the salon has excellent reviews from very happy customers.
This salon would make a perfect first time purchase, it would also be a great bolt-on opportunity, for those experienced in running a successful salon. Hilton Smythe highly advise early viewing to take in the full potential of the trade.
Creations is located in Stockport, Greater Manchester.
The salon is situated in a corner property at the end of a retail parade. There is a variety of stores on this stretch, which allows for heavy footfall. Next door to the property is a Co-Op store, there is also a pub, post office, electrical repairs, barbers and much more. Directly outside these stores is bay parking.
The business is located on an arterial road that connects to major A-roads and motorway networks. The M60, A6 and A34 are an easy drive from the property. These great road links allow for an easy commute to surrounding towns, such as Stockport, Didsbury and Manchester City Centre.
Directly outside the property is a bus stop, this has regular daily routes. The closest train station is also just up the road; this is a 5 minute walk away.
Creations is a corner property on the end of a retail parade. The property boasts large windows to the front and side of the property. The windows allow for a bright and airy retail space and also eye catching window displays.
The waiting area is set on entrance this has sofas and a service counter. The treatment area is on a raised section just past the counter. There are two steps leading up to this space, this is open but separated with bannisters. On the left hand wall are three hair stations, there is a further three on the opposite side. At the back of the room is the back wash stations, beauty station and another hair station.
Through to the rear of the premise is the kitchen, stock room and staff area. This is where colour is prepared.
Equipment included in the sale is as follows-
Back wash station
To the rear of the property is allocated parking.
We are advised the business is being sold as a Leasehold opportunity.
Original lease length: 8 years
Remaining lease length: 1 year as of 2016.
Rent: £928 per month
The business opening hours-
Monday: 9:30am – 6pm
Tuesday: 9:30am – 6pm
Thursday: 9:30am – 6pm
Friday: 9:30am – 6pm
Saturday: 9:30am – 6pm
The business is run and managed by our clients, with the help of three self-employed members of staff.
The business generates a turnover in the region of £63,000 per annum.
Gross profit 91%
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