Unisex Hair Salon - Est 15 yrs
Price:
Leasehold - £40,000
Business Type:
Service Businesses
Advent Business Sales are pleased to offer to the market this well established unisex hairdressing salon, which has been trading successfully for the past 15 years.
The current vendor has been in ownership for the last 5½ years and is reluctantly selling due to family commitments and a desire to retire.
The salon itself is tastefully decorated and well equipped with a good regular client base, which could be built on.
It is a spacious salon, with natural lighting and excellent scope for adding other facilities such as a sun shower, mail bar or beauty treatments that would compliment the services already provided. Additional income could also be derived by adding selective retails items only available through hair salons.
The salon is in a prime city centre position with excellent car parking and a constant flow of footfall and available at a reasonable price.
This is an excellent opportunity for an enthusiastic hairdresser who has had a few years experience operating as a stylist.
REF: 9226LE
FINANCIAL INFORMATION:
We have been advised by the vendor of the following:
Annual sales: £54,141
Gross Profit: £38,418
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
Please complete the attached confidentiality agreement to ensure a prompt response to your enquiry
Disclaimer:
Viewing is essential to fully appreciate this business and strictly by appointment only through the agents.
N/B:
All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
Our client’s unisex hair salon is conveniently located in the city centre of Leicester, adjacent to The Highcross, which has become the premier shopping centre of the East Midlands.
Because of its prime setting, it has a fantastic footfall and its positioning ensures that many of its regular clients work in the surrounding area, creating long-term suitability to its business.
The city of Leicester is a multi cultural city with a large population and growing with the recent investment and regeneration program. Not only is it diverse in terms of culture, but also has a large student population with 2 very sought after Universities. The city is truly buzzing.
Due to its locality, links to Leicester are excellent, with rail and motorway networks easily accessible to the rest of the UK. East Midlands International airport is also nearby.
TENURE: Leasehold
Original lease: 9 years
Remaining lease: 3.5 years
Review every: 3 years
Rent: £722.58 per month
We are advised that the annual business rates are currently: £650.00 per annum
Mon, Tues, Thurs-Sat: 9.30am – 5.30pm
Wed: 9.30am – 9.30pm
The business occupies a ground floor and is single fronted with a large plate glass window to the left and a doorway to the right hand side and briefly consists of:
Ground Floor
• Large waiting area with comfortable seating and tasteful décor – there is enough space here to add a nail bar
• Reception desk to the left
• Cloak room and kitchen/colour mixing room
• 2 back wash positions
• Area which could be used for spray tan
• Rear storage and w/c
• 5 work stations
• At rear of building are staff car park spaces
External
• Paved to roadway
UK Non-Specific
£ 800,000
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