East of City in a Desirable Suburb
Genuine Reason For Sale (Owner Retiring)
Good Profit Level
Plenty of Customer Parking
Owner Operator or Investor
Lots of Scope
We are delighted to offer for sale this long established and well regarded hair salon situated to the east of Norwich city centre in a desirable suburb. Currently staff led and generating a good profit margin this is an ideal opportunity for a new owner operator to step into the business and further grow the turnover and profit through their own client base. Alternatively, given that the owner does not work day to day in the business, this would also offer an investor a good level of return for a relatively low initial investment.
THE BUSINESS ITSELF
The business has been successfully operated by the vendor for some 35 years and with it’s convenient location in a busy residential area it is easy to understand why. With long serving staff members and a loyal client base one can expect the business to continue to be successful for many years to come still.
Enjoying a turnover in excess of £120k and generating a significant profit margin this is a hair salon that is well worth looking at to fully appreciate what is on offer. A new lease will be provided at a competitive market rent far less than one would be expected to pay in the city centre and with plenty of free customer parking and additional stylist chairs which could be filled there is much scope to grow the business even further.
ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.
The well presented salon is the end unit of a small parade of other local businesses situated in an elevated position in this popular residential area. As mentioned there is good customer parking as well as a bus stop outside the parade giving easy access for clients to attend the salon.
The glazed front facade allows plenty of natural light to flow inside as well as further double glazed windows to the side and rear. The front door provides access into the entrance lobby with doors to the salon and reception area. The reception desk and waiting area give good space and comfort in which to work and wait with comfy sofa style seating together with a range of product display shelving units.
The main salon (approx 11.6m x 5.8m - 720 sq ft) enjoys quality tile effect flooring with suspended ceiling above with lots of inset spot lighting adding to the bright and warm environment. Stylish but neutral decoration throughout gives ample opportunity for a new owner to make their own mark but without having to do so if they so wish. There is gas central heating, an airing cupboard with water tank and shelving for towels and wall mounted speakers.
The current layout provides for 9 stylist chairs each with full height mirror and power points with two of these having dryers above. In addition are 4 backwash basins and chairs with fitted worktop and units against the rear wall with space under and further shelving above.
Through the rear door you will find a well fitted customer/staff toilet with a staff room to the rear with kitchen cupboards and sink, space for fridge, boiler and seating area. There is an external door to the rear enclosed courtyard with gate to rear parking space.
As said the salon presents very well providing all that one would want and as such we would highly recommend contacting us to arrange a viewing at your earliest convenience.
Strictly by appointment only, please call our Norwich Office on (01603) 662 662 to make an appointment.
Finance may be available to suitable purchasers
Business to Sell or Let?
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1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
Tuesday to Saturday 9:00 am to 5:30 pm.