Prominent Trading Position
Annual Turnover £70,000
Gross Profit TBC
Net Profit £19,206
Further Financial Info Available After Viewing
Fully Equipped
Repeat Customer Base
High Footfall Area
Free Parking
Strong Social Media Following
Scope To Introduce Additional Treatments
Potential For Longer Opening Hours
EPC – C
REF 7183 – Leasehold Hair/Tanning/Beauty Salon & BarbersBlacks Brokers are pleased to bring to the market this leasehold hair/tanning/beauty salon and barbers located in Telford, Shropshire.
INTRODUCTIONEmmy's Hair Salon was established in 2016 and our client took ownership in 2018. The business offers a range of hair and beauty services including all nail treatments, facials, pedicures and much more. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted online.
LOCATION
Emmy's Hair Salon occupies a prominent trading position within a busy residential area close to Telford Shopping Centre. The estate is densely populated residentially as well as commercially with neighbouring businesses including independent retailers. The area is well linked by the A442 and M54 with very 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 our client’s family and other business commitments, 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.
LEASE
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a five year lease which began in 2018 at a cost of only £127 plus VAT per week.
STAFF
The business operates with three members of self employed staff supporting our client working on a part time basis.
FINANCIAL DETAILS
Emmy's Hair Salon has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £70,000, gross profit to be confirmed and net profit of £19,206. Full financial information is available upon request.
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 fully equipped and well established business occupies an enviable trading position in a busy area of Telford. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new beauty services and longer opening hours. 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:
All Fixtures & Fittings Included
Security Camera System
Fire Alarm System
Utility Items
Printer
Till Machine
Trading hours:
MON: CLOSED
TUE & WED: 10:00 - 17:00
THU & FRI: 10:00 - 18:00
SAT: 09:00 - 15:00
SUN: CLOSED
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Emmy's Hair Salon operates from the ground floor of a mid terraced retail unit. The business has large branding and signage on display above a fully glazed frontage. Inside, the spacious salon is well equipped with comfortable reception area, seven mirrored styling stations, two back was sinks and a fully equipped nail station. There is also one private beauty room currently used for tanning – this could be used for a beauty therapist or other small business. To the rear of the space is a kitchen and storage area as well as toilet and handwash facilities. All areas are well equipped and presented nicely.
Location Details:
Telford
Leasehold Term:
£127 Per Week
Franchise Guides
