Hilton Smythe is delighted to welcome to the market this well-established and popular hair salon in Southport, Merseyside. The business was established by our clients in 1979 and is only now being offered to the market due to our clients` desire for a well-deserved retirement. The business operates 5 days per week as a unisex salon and generates a turnover in the region of £78,000 per annum, with a gross profit of approximately 80%.
Our clients` offer a range of salon treatments including styling, colouring and tinting. The business has built up an enviable reputation within the area for the high quality of the services offered, which has resulted in a very loyal client base, with a vast amount of repeat trade and word of mouth referrals. The premises are well-equipped to suit the trade with 14 workstations and 5 back washes and have been finished to a high standard throughout.
We feel the turnover could be increased by extending the opening hours of the business, perhaps by opening the business on Monday, The business would also benefit from a modest marketing campaign to highlight the business and the services offered. A new owner could also launch a website to promote the business. We are advised there is potential to rent out areas of the property to the beauty trade and expand the business. This is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore early viewing must come highly recommended.
Heads & Co Hair Design occupies first floor, mid-parade premises, ideally located on the very busy Lord Street in Southport, Merseyside. Lord Street is one of Southport’s most celebrated sights and is a Victorian boulevard edged in scenic gardens. Lord Street has been a favourite shopping destination for over a century. The hair salon is surrounded by a wealth of complimentary shops and businesses and benefits from a vast amount of footfall and passing trade.
Southport is a large seaside town in the Metropolitan Borough of Sefton in Merseyside. According to the 2001 census, Southport was recorded to have a residential population of 90,336, making it the eleventh most populous settlement in North West England. The town lies on the Irish Sea coast and is fringed to the north by the Ribble Estuary.
The area of the business is well served by the public transport system with several bus stops within easy walking distance of the property. Southport Railway Station is approximately a 10 minute walk away. The area is also well-served by the A-roads, with business located on the A565 (Lord Street), which links to the vast A-road and motorway networks. Southport is situated 16½ miles to the north of Liverpool and approximately 15 miles southwest of the City of Preston.
First floor, mid-parade premises, briefly comprising:
Stairs leading from main door to main salon.
Reception area with customer seating.
14 x workstation with mirrors and hydraulic chairs.
5 x back washes.
2 x climazones for colour processing.
5 x overhead dryers.
Ladies and gents WCs.
All equipment is included in the sale.
The business id fully alarmed.
We are advised Leasehold:
Original lease length: 10 years
Remaining lease length: 10 years
Review every: 5 years.
Rent: £700 per calendar month including VAT
The business is open:
Sunday – Monday: Closed
Tuesday – Saturday: 9.00am – 5.30pm
The business is owner run and managed with 7 x staff members.
The business generates a turnover in the region of £78,000 per annum, with a gross profit of approximately 80%.
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