Business
Please quote reference B08004

CoGoGo are delighted to welcome to the market a highly rated Hair Salon for sale in Bolton.

Svara Hair Salon, a great turn-key opportunity nestled in the heart of Bolton since 2017. Their salon emanates an aura of sophistication and warmth, beckoning patrons with its inviting atmosphere and stellar services.

Step inside and experience a haven of creativity and rejuvenation. The team of skilled stylists, with years of experience and a passion for their craft, specialise in an array of hair treatments tailored to each client’s unique needs. From precision cuts to vibrant colour transformations, they pride ourselves on delivering impeccable results that exceed expectations.

Svara Hair Salon is more than just a place for hair care; it’s a community hub. They foster a welcoming environment where clients can unwind and indulge in a moment of self-care, while our attentive staff cater to their every need.

Despite their success, we believe there’s always room for growth. To expand their reach and elevate their services, you can explore several exciting avenues. Collaborations with local businesses and influencers could amplify the presence, while targeted marketing campaigns and social media initiatives can attract a broader audience.

Additionally, introducing new services such as spa treatments, bridal packages, or men’s grooming could diversify our offerings and appeal to a wider demographic. Investing in ongoing staff training and incorporating eco-friendly practices not only aligns with modern trends but also demonstrates our commitment to sustainability.

Equipment Included:

• Mirrors
• Chairs
• 3x Backwash systems & chairs
• Website

Location
Svara Hair Salon, a thriving oasis nestled in the heart of bustling Bolton. Situated on a vibrant street, their salon exudes charm and allure, drawing in clients with its inviting ambiance and exceptional service.

Premises
Ground Floor:

• Beautifully designed open plan salon
• 8 x Stations
• 3x Backwashes
• Kitchen Storage
• Beauty Room
• WC

Tenure
This opportunity is being sold on a Leasehold basis.

We are advised there is to be a new lease negotiated with the new buyer.

The current rent is £20,000 per annum.

We have been advised there is ample space for the new buyer to rent another 4 chairs as well as one beauty room, to potentially double the rental income to £40,000

Hours
The current trading hours are:

Monday – 9:30am to 8:00pm

Tuesday – Closed

Wednesday – 9:30am to 5:00pm

Thursday – 9:30am to 8:00pm

Friday – 9:30am to 6:00pm

Saturday – 9:00am to 5:00pm

Sunday – Closed

All renters are able to have their own hours before and after the salons operating times.

Staff
The business is run and managed by our client with the help of 1 full-time stylist, 1 part-time stylist, receptionist, and 4 self-employed staff (renting a space)

Our client has advised they have another 3 more potential renters to be joining them at the end of this year.

Financial Profile
The business generated a turnover of £63,000 in 2023.

• Income for rented chairs – over £20,000 per annum

Full financials can be made available upon further request.