Hairdressers Salons for sale in Liverpool

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Established Hair Salon - Liverpool

Liverpool, Merseyside, England

  • Freehold Price: £74,999  Price Reduced arrow_drop_down
  • Annual Turnover: £49,602
  • Annual Gross Profit: £46,827
  • Annual Net Profit: £22,395
Seller Reference: 6943
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Business Description
 
 
 
 
 
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Seller Reference: 6943
Request Details
Business Description
Residential Trading Position
Accounts Available Year End 31st March 2018
Annual Turnover £49,602
Gross Profit £46,827
Accounts Available After Viewing
Freehold Ground Floor Property
Established Well Over 50 Years
Retirement Sale
Loyal Customer Base
1 Mile From M62
Free Parking
Potential For Evening Trade
Scope To Introduce Beauty/Nail Services
EPC – D
REF 6943 – Freehold Hair Salon

Blacks Brokers are pleased to bring to the market this freehold hair salon located in a densely populated area of Stoneycroft, Liverpool.

INTRODUCTION

Beyond The Fringe was established in 2005 by our client with a business of a similar nature trading from this location for over 50 years. The salon has a strong base of regular customers in place and has become a well known and highly reputable salon in this area. Our client has ensured the business has superb reviews, some of which are noted on Google.

LOCATION

Beyond The Fringe occupies a prominent trading position on a busy main road. The area is densely populated and highly sought after. Alder Hey Children’s Hospital and Newsham Park and Garden are also close by. This area is well linked by the M62 with strong public transport links and parking is available immediately outside.

REASON FOR SALE

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

BUILDING LAYOUT AND DESIGN

Beyond The Fringe operates from a the ground floor of a two storey, mid-terraced property. The business has large branding and signage on display above a partially glazed frontage which is fitted with electronic metal shutters. Inside, the main salon area is nicely presented and fitted with five mirrored styling stations and two back was sinks. To the rear of this is a small kitchen area, back yard and toilet facilities. All areas have been finished well. The space could accommodate a number of business uses dependant on requirements.

STAFF

The business operates with three part time stylists in employment supporting our client working on a part time basis.

FINANCIAL DETAILS

Beyond The Fringe has traded solidly since opening and our client has established a strong customer base. We are advised that the business currently has annual turnover of £49,602 with gross profits of £46,827. It is to be noted that the business is currently operating on limited hours to suit the needs of our client’s busy life – there is much scope and demand to extend these opening hours and offer additional nail and beauty services with some amendments to the current set up.

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 is a long established and well known salon with a large base of regular and local customers in place. The property could suit a variety of businesses. However, there is plenty of scope to develop the existing business further with the introduction of longer opening hours, new beauty services, a social media and online presence and a strong marketing drive. Therefore, 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 Stations

Backwashes

Dryers

Mirrors

Trolleys
Trading hours:
MON: CLOSED
TUE - SAT: 08:00 - 15:00
SUN: CLOSED
Tenure:
Freehold
Location Details:
Liverpool
Listed by:
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