Hairdressers Salons for sale in Stoke-on-Trent

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S Martin (Feb 2013)
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Freehold Price: £64,950 Price Reduced Turnover: £10,000
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Business Description
Hilton Smythe is delighted to welcome to the market this well-established and popular hair salon in Stoke-on-Trent, Staffordshire.

The business was established by our client in 1976 and is only now, reluctantly, being offered to the market due to our client’s unfortunate health problems and desire for a well-deserved retirement. The business operates 4 days per week on limited hours and generates a turnover in the region of £10,000 per annum, with a good gross profit.

Our client offers a variety of hairdressings, cuts, blow dry’s and styling. The business has built up an excellent reputation within the area for the high quality of the service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

The property offers a salon area to the ground floor with three styling stations and two backwashes. To the first floor there are three rooms that could be converted into living accommodation, although they will need to be renovated and modernised.

We feel the turnover could be increased by extending the opening hours as the business is currently run at a pace to suit our client. A new owner could also embark on a modest marketing campaign to promote the business and service offered. There is also scope to rent out some of the styling stations to generate further income.

This is an excellent opportunity for a new owner to take this hair salon to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Neil James Hairdressing occupies substantial two-storey premises, ideally located within the city of Stoke-on-Trent, Staffordshire. The business is surrounded by densely populated residential areas, from which the business derives much of its trade. Being located on the busy Whieldon Road, the hair salon benefits from a high volume of footfall and passing trade. The business further benefits from free on-street parking facilities to the front of the premises.

Stoke-on-Trent is situated approximately halfway between Manchester and Birmingham and adjoins the town and borough of Newcastle-under-Lyme. To the east of the city is the Peak District, which includes parts of the Staffordshire Moorlands District, as well as parts of Derbyshire, Greater Manchester and West & South Yorkshire. According to the 2001 census, the city had a residential population 240,636.

The area of the business is well-served by the public transport system, with a bus stop directly outside the property. Stoke-on-Trent railway station is approximately 1½ miles away. The area is also well-served by the A-roads, with both the A52 and A500 being within easy driving distance, which link to the national A-road and motorway networks. Crewe is approximately 16 miles away and Stafford is 17½ miles away.

Large Victorian, mid-terraced property in a prime location, briefly comprising:

Ground floor with:

Windows to front to create a light and airy feel.

Tiled flooring.

Dado rail.

Customer waiting area.

3 x styling stations.

2 x backwashes.

3 x chairs with hair dryers.

Wall mounted towel storage.

Kitchen with:

Stainless steel sink unit with drainer and cupboard beneath.

Wall mounted cupboards.

First floor with:

2 x bedrooms, in need of renovation.

Bathroom with bath, WC, wash hand basin and airing cupboard.

External with:

Small secure garden.

Free on-street parking.

We are advised Freehold.

The business currently operates on limited hours:

Monday – Closed

Tuesday – 9.00am – 12.00pm

Wednesday - Closed

Thursday: 9.00am – 12.00pm

Friday: 9.00am – 12.00pm and 2.00pm – 4.00pm

Saturday: 9.00am – 1.00pm

Sunday: Closed

The business is owner run and managed.

The business generates a turnover in the region of £10,000 per annum, with a good gross profit.

Tenure: Freehold

Listed by: Hilton Smythe
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