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Leasehold and Very Profitable Town Centre Hairdressers in Hampshire PRICE R

Price:
Leasehold - £58,000
Turnover:
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Seller Ref:
2465
Location:

Hampshire , Fleet

Business Type:

Service Businesses

See Other:
Hairdressers salons for sale in Hampshire
Service businesses for sale in Hampshire
Description:
THE BUSINESS:
The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favourable lease terms (see below).
- Turnover in excess of £120,000 pa with a net profit of £31,000 (see financial summary below).
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business.
- Low rent and rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation
- The concern provides ladies hairdressing including powerdose and nanomax treatments, colouring and highlights, chemical straightening, wedding hair and colour corrections. Gents hairdressing is also available.

History
Phoenix Business Transfer Agents are delighted to place onto the market this very profitable town centre hairdressers which has been established since 2010. The business has been in the hands of the current owner since 2010 and he now wishes to sell due to other business interests.

Services
This very good business opportunity provides ladies hairdressing including powerdose and nanomax treatments, colouring and highlights, chemical straightening, wedding hair and colour corrections. Gents hairdressing is also available.

Staffing
The concern employs 1 part time and 3 full time staff.
Owners Role
The owner is involved in the day to day running of the business.


Marketing
No marketing or promoting of the business has recently been undertaken as the business is well known and has a very good website.

Competition
As far as competition is concerned there are 4 other similar businesses in the area.
There is no local competition.

Market
The client base consists mainly of female customers although it does also cater for gentlemen.

Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the services to include beauty treatments. There is sufficient space to patrician off a beauty treatment room and rent to increase income.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.

Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.
Location Details:
- Situated in the town centre area of Fleet in Hampshire. - Prominent location on main arterial road. - Part of a parade of shops. - Excellent parking facilities nearby. - Industrial estates nearby. - Surrounded by a densely populated residential area with schools and other local amenities. - High levels of passing trade. - Good volumes of traffic and pedestrian flow. - Commercially thriving area. - Well linked with the A3013, A323 and M3. - Aldershot, Farnborough and Camberley all lie close by. - Area enjoying much growth and regeneration. - A lifestyle area. - Excellent local demographics for this type of area. - Affluent area.
Lease Terms:
The original length of the lease was 7 years with 5 years remaining. The rent is £23,000 pa with a review in 2013. The lease may be renewable or negotiable for longer term if required. The rates are £7,450
Trading Hours:
Monday – Thursday & Saturday 9am – 6pm Friday 9am – 7pm Sunday Closed
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