Hairdressers Salons for sale in Middleton

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Established Hair & Beauty Salon - Middleton

Middleton, Greater Manchester, England

  • Freehold Price: £124,995
  • Annual Turnover: £60,000
  • Annual Gross Profit: £50,000
Seller Reference: 7259
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Business Description
 
 
 
 
 
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Seller Reference: 7259
Request Details
Business Description
Handover Period Offered If Required
Rental Income From Beauty Room £50 Per Day
Projected Annual Turnover £60,000
Projected Gross Profit £50,000
Further Financial Info Available After Viewing
Scope To Expand Services Offered
Extending Opening Hours Could Increase Turnover
EPC - TBC
Blacks Brokers are pleased to bring to the market this freehold hair and beauty salon located in Middleton, Greater Manchester.

INTRODUCTION

Hairways has been trading on Wood Street since early 2002, there has been a hair and beauty salon located at this property for over thirty five years. The business offers all hair treatments alongside barbering, nails and beauty treatments. The beauty room is rented out to beauticians at a fee of £50 per day. Our client has created a huge amount of goodwill and has built an enviable reputation within the local area supported by an impressive 4.9 rating on Google and a following of over seven hundred people on Facebook.

LOCATION

This hair salon occupies a prominent trading position within a parade of shops next door to a post office and a Premier convenience store. The area is densely populated and offers excellent motorway links with the M60 and M62 within a short distance.

REASON FOR SALE

This opportunity has become available due to our client’s travelling plans and therefore the business has been placed on the open market at this appealing price point.

LEASE

The property is available freehold and therefore no leases apply.

BUILDING LAYOUT AND DESIGN

This hair salon operates from the going floor of this property in a parade of shops with double frontage and striking signage. Once inside, the main salon is fitted to an extremely high standard with six styling areas and two back washes.

To the rear of the salon is a kitchen area and toilet facilities. There is no living accommodation on the lease it is 100% commercial. Externally the business is well placed as there is a bus stop outside and free parking with easy access and the business is close to local schools.

STAFF

The owner is hands on in the business and is supported by three full time employees and two part time members of staff that work on zero hours contracts on a casual basis. All staff have contracts of employment.

FINANCIAL DETAILS

We are informed by our client that the salon has a projected turnover of £60,000 over a five day working week on short hours.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief.

SUMMARY


This is an exceptionally efficient run salon that has been trading consistently since 2002 with a trading heritage that dates back to the 1980's.

The business does not actively advertise as there is no requirement to do so as all marketing is done through social media. Facebook along with other platforms will of course be transferred to the new buyer upon completion.

This salon would ideally suit a buyer who could enjoy the solid platform that our client has established and push the business on to the next level. Early viewings are advised as a speedy completion is anticipated. Fixtures:
Styling Stations x 6

Back Washes x 2

Reception Desk

Washer

Dryer

Fridge
Trading hours:
MON & TUE: 09:00 - 15:00
WED: CLOSED
THU - SAT: 09:00 - 15:00
SUN: CLOSED
Tenure:
Freehold
Location Details:
Middleton
Listed by:
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