Hairdressers Salons for sale in Northampton

View the "High Quality, Fully Staffed and Managed Hair and Beauty Salon, Northampton" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £79995 Annual Turnover: £332,032 Annual Net Profit: £84,870
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Business Description
Location
This business is located in a suburb of Northampton in a prime location in the city. It has excellent parking and is close to a large and very dense housing area.

Financial Details
This business is a sole trader; for the year ended 5th April 2015, the turnover was around £250,000. In 2016, the turnover was around £270,000, in 2017 £301,262 and in 2018 £332,032. Much investment has gone into growth over the last 3 years, especially with the introduction of beauty services and the current 2018 EBITDA is £84,870.

Business Details
This long established unisex hair and beauty salon for sale in Northampton was started 9 years ago by the present Owner and has grown to become the premier Salon in the area. The sale is due to family commitments. It is now fully staff run and managed with 8 stylists and 3 beauty therapists. In house training is provided for all new recruits and the salon believes in nurturing home grown talent. Although the beauty side is steadily growing, around 70-80% of turnover is still hair styling.

The salon provides hairdressing and all related services for both men and women, hair extensions, an array of beauty treatments, nails and massage. There is an online booking system and the business is completely computerised. The service is second to none and the Salon team has won awards. Most of turnover is through repeat business and new clients are gained through referral and social media. There are over 2,000 Facebook followers.

Property
The salon consists of work stations, beauty rooms, 2 nail stations and back wash areas. It is a very large and very well presented premises.

Trading Hours
Closed Sundays and Mondays and operational 5 days a week.

Tenancy
There is 3 years left of a 9 year lease which is renewable and a new lease is available. The present rent is £19,000 pa.

Ref: 13328
Price: £79,995 plus assets including stock

Disclaimer
These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by Enthuse Transformations Ltd (T/A ETS Corporate). The information contained herein has not been verified by Enthuse Transformations Ltd; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of Enthuse Transformations Ltd regarding this business are subject to verification and should be independently corroborated.
Tenure: Leasehold

Location Details:
The salon consists of 18 work stations, 3 beauty rooms, 2 nail stations and 6 back wash areas. It is a very large and very well presented premises.

Leasehold Term:
There is 3 years left of a 9 year lease which is renewable and a new lease is available. The present rent is £19,000 pa.

Listed by: ETS Corporate

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13328
Seller Reference:
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