Hairdressers Salons for sale in Thornbury

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S Martin (Feb 2013)
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Leasehold Price: £60,000 Price Reduced Turnover: £59,863 Gross Profit: £43,524
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Business Description
BUSINESS
Hilton Smythe is delighted to introduce to the market Hair Studio.  This thriving business was originally founded by our client in 1991 and has firmly become a favourite destination hair salon with the local community.

The business reports a healthy turnover of circa £60,000 per annum with a gross profit of around 73%.  This well-established business has an enviable reputation for excellent customer service, care, quality and value for money and has a very loyal client base.  The salon offers all aspects of hair styling and colouring practises using cutting edge techniques with a team of highly skilled stylists.

The salon is immaculately presented with vibrant modern décor.  The studio is a very good size with the benefit of a beauty room to the rear (currently unused), opening up the option for any new owner to introduce beauty treatments to increase revenue further.

We also feel the business would benefit from extending opening hours and certainly the introduction of a website or having a presence on social media websites would increase awareness of the business.

This is a fantastic well established business opportunity in a lovely location, which reluctantly comes to the market due to retirement and we highly recommend early viewing.

LOCATION
The business is located in the picturesque market town of Thornbury, Gloucestershire.

Ideally located within an attractive parade of complementary businesses in the vibrant town centre, the area has a constant footfall throughout the day.  The business benefits from free parking directly opposite.

Thornbury is around 12 miles from the City of Bristol, and is a popular affluent place to live and work.  The town is a Britain in Bloom award winning town adding to its charm.  The town is easily accessible from the A38 and M5 motorway beyond.

PREMISES
Well-presented mid parade premise briefly comprising:-

Attractive frontage with vibrant signage, highly visible to passing trade.

A generous sized salon with windows to front creating a light and airy interior.  Reception area with marble effect flooring, bespoke wooden reception desk, freestanding glass display unit, suspended ceiling with feature spotlighting.  Customer waiting area with comfortable sofas and side tables and carpeted floor, main salon with laminate flooring, 2 back washes, 5 freestanding hair dryers 4 work stations, feature glass block wall.  Immaculately presented and tastefully decorated.

Rear Store room

A generous sized room ripe for redevelopment of for alternative use, suspended ceiling with fluorescent lighting and spotlights, perimeter shelving and ample space for additional storage

Kitchenette

With stainless steel sink and drainer and cupboards above and beneath

WC

Beauty Room

A generous sized beauty room with power and light and ideal for offering a range of additional beauty treatments.

TENURE
We are advised leasehold

The original lease length is 3 years

Reviewed every 3 years

1 year remaining on lease

Rent is £9,600 per annum.

HOURS
The business opens:-

Tuesday, Thursday and Friday 10.00am – 7.00pm

Saturday 10.00am – 5.00pm

The business is currently closed:-

Monday, Wednesday and Sunday.

STAFF
The business is owner run and managed with the assistance of 2 full time and 1 part time member of staff.

FINANCIAL PROFILE
The business reports a healthy turnover of circa £60,000 per annum with a gross profit of around 73%.  


Tenure: Leasehold

Listed by: Hilton Smythe
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