LEASEHOLD HAIR SALON CENTRAL BRISTOL - PRICE REDUCED
Price:
Leasehold - £49,500
Business Type:
Service Businesses
Phoenix Business Transfer Agents are delighted to place onto the market this thriving and successful hair salon which has been established for 7 years, by our client. He now wishes to sell due to relocation.
This very good business opportunity provides high quality hair styling for both sexes. It attracts a different array of clientele, from “yummy mummy’s”, to trendy 20 year olds. A typical cut and colour costs from £85 - £100. The business is the premium concern of its kind in the area and competes locally for the Tony and Guy and Regis customers. It caters for the upper end of the market.
The concern employs 2 juniors who are paid £100 between them. There are 2 full time stylists who are paid £145 and £170 respectively. There are also 3 self employed personnel with whom takings are divided equally. The owners’ role is mainly stock control and he works 4 days a week styling.
The owner markets the business in local magazines and on local radio.
The particular highlights of the business are: - A superb location - A fantastic looking salon with a contemporary feel and atmosphere - A high caliber clientele - High quality service with huge repeat business
The concern has huge potential. In particular the turnover and profits can be increased by: - More advertising - A promotional website - More motivated management as our client is now burnt out and needs a change
The owner would be available for a business familiarisation period if required
This superb business opportunity enjoys a magnificent location. It lies on a main road very close to the centre of Bristol. It forms a parade of complimentary independent businesses all of which feed off each other well. There is parking directly outside. There is student accommodation directly above and a new shopping complex lies very close by. There are many Hotels and Trendy Bars in the area, which is very vibrant and affluent.
The location is the main commercial hub of the city and attracts huge amounts of passing trade. Our clients window display provides excellent advertising for those using the area at night.
Bristol itself is a very affluent City with excellent motorway links to the rest of the country and Wales, with the M4 and M5 Motorways.
The original length of the lease was 15 years with 7 years remaining. The rent is £12,000 plus VAT. The rates are
£5,000.
Mon 10 – 6, Tue 10 – 5, Wed 10 – 7.30, Thurs 10 – 7.30, Fri 10 – 6, Sat 9 – 4
Property Details
The property is has a very large glass front which has a very noticeable and attractive window display. Upon entry, there is a prominent reception area which resembles a five star hotel. The reception area contains individual leather seating and drinks are served to waiting clients. There are 3 workstations to the right, and a jewellery and cards display to the front. There is also a small selection of nail accessories.
The flooring is all wooden and the lighting is also of a high quality. There are a further 2 workstations and 5 more to the left wall. Further to the rear there is a raised area with 3 hair wash basins.
To the rear is a large staffroom, toilet and staff facilities.
North Yorkshire
£ 750,000
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