Hairdressers Salons for sale in Wrexham

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Established Hair & Beauty Salon - Wrexham

Wrexham, Clwyd, Wales

  • Freehold Price: £84,950
  • Annual Turnover: £45,198
  • Annual Gross Profit: £38,750
  • Annual Net Profit: £13,218
Seller Reference: 6752
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Business Description
 
 
 
 
 
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Seller Reference: 6752
Request Details
Business Description
Residential Trading Area
Accounts Available 2019
Annual Turnover £45,198
Gross Profit £38,750
Low Overheads
Currently Open 4 Days
Barbers Section and Beauty Room
Scope For New Opening Hours/Days
Potential To Introduce More Beauty Services
Established 2003
Well Equipped & Presented
Local Repeat Customer Base
Retirement Sale
Free Parking In Immediate Area...
...Plus Car Park To Rear
Well Linked By A5 & A483
EPC - E
REF 6752 – Freehold Hair & Beauty Salon

Blacks Brokers are pleased to bring to the market this freehold hair & beauty salon located in a busy residential area of Johnstown, Wrexham.

INTRODUCTION

Ela V Hair & Beauty has been trading from Maes Isaf, Nant Park since 2003. Our client established the business here due to the high amount of footfall and the popular surrounding residential area. The business is well known and has an excellent reputation locally with a large base of regular customers and excellent reviews are noted on Google, Thomson Local and Facebook.

LOCATION

The business is positioned on a busy road in a residential area of Johnstown. This is a semi detached, single storey property with a fireplace showroom next door. The area is well linked by the A5 and A483 with good public transport links and free parking is available immediately outside.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

STAFF

The business is currently operating with one full time member and one part time member of staff in employment supporting our client working on a part time basis.

FINANCIAL DETAILS

Ela V Hair & Beauty has traded well during its sixteen year trading history. Accounts for year ending 5th April 2018 show annual turnover of £42,383 with gross profit of £36,885. Full financial details are available upon request. It is to be noted that the business is currently being operated at a pace to suit our client and there is scope and demand to extend opening hours and days.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This freehold business has a long trading history and an excellent reputation in this area. There is plenty of scope to develop the business further with a new online presence and strong marketing drive. New opening hours and days could also be beneficial for a new owner as well as the introduction of more beauty services and potentially product sales. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Styling Equipment

Chairs

Front Wash

Back Wash

Mirrors
Trading hours:
MON: CLOSED
TUE: 09:00 - 16:00
WED: CLOSED
THU & FRI: 09:00 - 18:00
SAT: 09:00 - 15:00
SUN: CLOSED
Tenure:
Freehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Ela V Hair & Beauty operates from a well presented semi detached property. The business is well branded with large signage displayed above a fully glazed frontage. Inside, the main salon is presented well with welcoming reception desk, four mirrored workstations, one back wash and one front wash. There is also a beauty and barbering room to the front. To the rear of the salon are toilet facilities and a staff kitchen area along with a makeup area and nail desk which are rented out to the two self employed beauticians. There is a private car park to the rear of the building.

Location Details:
Wrexham
Listed by:
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