Beauty Salons for sale in Birmingham

View the "WEST MIDLANDS - Hair, Nail & Beauty Salon" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I sold my business through Daltons. We had so many enquiries; It’s definitely the best place to sell a business. 

Sarah Hughes (August2016)
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Leasehold Price: £75,000
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Business Description
Established Since 2016
Annual Turnover £81,000
Gross Profit 74%
Ill Health Forces Sale
Free Customer Parking
EPC - C
REF 5767 – Leasehold Hair, Nail & Beauty Salon

Blacks Brokers are proud to bring to the market this leasehold hair, nail and beauty salon located in a popular and busy area of Birmingham, West Midlands.

INTRODUCTION

Inspiration Hair and Beauty has been trading since 2016, with a business of the same nature at this location since 1980. During this incredible trading history, the business has firmly established itself within the local community and has built up a large and loyal customer base with excellent reputation. The business offers an array of hair and beauty services, including nail enhancement and waxing.

LOCATION

Birmingham is a popular and much sought-after city with a huge residential community. Hollies Croft is positioned within a residential area close to the city centre. This small parade of shops and businesses benefits from a large, free car park directly outside with additional, roadside parking close by.

REASON FOR SALE

Inspiration Hair and Beauty is only being offered for sale due to our client’s ill health and other business commitments. The business has become busier than anticipated and our client simply cannot continue to run both businesses.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 10 years with rent reviews every 5 years. The current lease began in 2016 at a cost of £7,900 per annum and is provided by the local council.

BUILDING LAYOUT AND DESIGN

Inspiration Hair and Beauty is housed within an attractive, single storey, end of terraced retail unit with excellent signage and branding on display. The shop frontage is mainly glazed with side entrance. Inside, the main salon area is exceptionally well presented, with wooden flooring throughout and a reception/waiting area to the front. The seven cutting stations are all identically presented with large mirrors and comfortable chairs. The area also has two backwash stations, three nail bars and flat screen T.V.’s on display. To the rear are two immaculate, private treatment rooms in addition to a colour dispensary room and toilet.
All areas are air conditioned and beautifully presented with great attention to detail.
There are two additional, private parking spaces available to the rear of the building.

STAFF

Inspiration Hair and Beauty is currently operating with three members of staff in employment.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Inspiration Hair and Beauty has traded solidly over its trading history. The business generates an annual turnover of £81,000 with gross profits of 74%. Most customers are from the local area as one would expect, with some additional trade from commuters and city workers.

SUMMARY

This leasehold business offers a new owner an exciting opportunity to acquire this newly refurbished, yet long-standing business with large customer base. Scope to expand into further beauty services and possibly complementary services are available and the introduction of late night opening could also push the business more. This proposition would ideally suit a new owner/operator able to push the business forward and build upon the solid and impressive trading foundations. Early viewings are very strongly advised. Fixtures:
x3 nail bars

x7 cutting stations

x2 back wash

Reception desk

x3 flat screen screens

CCTV, 4 cameras

Air Conditioning

Glass FSDU
Trading Hours:
Mon - Sat - 10am - 6pm
Sun - By Appointment

Tenure: Leasehold

Location Details: Birmingham

Leasehold Term: Rent: £151 Per Week

Downloadable Documents

Listed by: Blacks Business Brokers Limited
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5767
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