Hairdressers Salons for sale in Southport

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  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: £24,995 Price Reduced Annual Turnover: £100,000
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Business Description
Superb Corner Plot Trading Location
Projected Annual Turnover £100,000 +
Rental Income of £14,400 Per Annum/Effectively Rent Free
Rent & Rates Free (Refer to rental income point)
£25,000 Refurbishment in 2017
Excellent & Modern Fixtures & Fittings
Finance Option Available For Purchase
2 Beauty Rooms
2 Hairdressing Stations
2 Nail Bar Stations
1 Tanning Room
Good Client Base Of Repeat Customers
Alcohol Licence In Place
EPC - E
REF 6427 – Leasehold Hair & Beauty Salon

Blacks Brokers are pleased to bring to the market this leasehold hair and beauty salon located in a popular area of Southport town centre, Merseyside.

INTRODUCTION

Xquisite was established by our client in 2017 to meet local demand for a quality hair and beauty salon in this area – this business specialises in hair extensions and has gained a large repeat customer base. The salon was fully revamped and refurbished before opening in 2017 with significant investment. Our client has established a superb reputation and has a large, electronic database of customers and a good online following with excellent reviews noted on Facebook. The business also has a comprehensive website in place. The current owner has obtained an alcohol license for the premises and this has proven very popular with the customers who can enjoy a glass of wine or Prosecco whilst waiting for their treatments.

LOCATION

Located in the centre of Southport, the business is only a couple of minutes walk from the town and approximately 7 miles from the M58 motorway. This is a densely populated area with a good mix of both commercial and residential properties close by. The area has excellent public transport links in place and parking is available immediately outside the shop.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operating team but will soon need to be operated by staff due to our client’s other business interests being more time consuming than anticipated. Therefore, 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.

BUILDING LAYOUT AND DESIGN

Xquisite operates from the ground floor of a large, imposing corner property with parking available to the front. The business has striking branding and signage displayed to both sides of the business and central entrance. Inside, the salon is very nicely presented with modern décor and plush furnishings. There are two mirrored hairdressing stations and one backwash. There are also two nail stations which are fully equipped. To the rear of the salon are two private treatment rooms fitted with tanning equipment, hydraulic massage table and much more. There is also toilet facilities for staff and customers. All areas are presented to a high standard, with good quality fixtures and fittings – all of which were new as of 2017.

STAFF

The business is currently operating with two members of part time staff supporting our client working on a full time basis.

FINANCIAL DETAILS

Xquisite has traded solidly since opening. We are advised that the business currently has annual turnover of £100,000. Full financial details are available upon viewing. The business generates a rental income of £14,400 per annum for recent introduction of beauticians (correct as of September 2018) this income covers the monthly rent paid for the premises therefore making the business effectively rent free.

SUMMARY

This leasehold business is located in a superb trading position and is occupied by a newly fitted and well-established salon that has a large, repeat customer base. There is plenty of scope to develop the business further with the introduction of longer opening hours to include late nights. The current owner is also offering Botox and aesthetic treatments once per fortnight, there is potential for extensive expansion in this area. A strong marketing drive would also be beneficial. This proposition would ideally suit an owner operator able to push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
2 x Hairdressing stations

2 x Nail bar tables and equipment

Backwash and chair

Washing machine

Tumble dryer

Hydraulic massage bed

Fake bake tanning tent and equipment
Trading Hours:
Mon - 10am - 5pm
Tue - 10am - 5pm
Wed - 10am - 5pm
Thur - 10am - 8pm
Fri - 10am - 8pm
Sat - 9am - 4pm
Sun - Closed

Tenure: Leasehold

Location Details: Southport

Leasehold Term: Rent: £184 Per Week

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6427
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