Hairdressers Salons for sale in Birkenhead

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Long Established Hair Salon - Birkenhead

Birkenhead, Merseyside, England

  • Leasehold Price: £99,000
  • Annual Turnover: £147,750
  • Annual Gross Profit: £85,258
  • Annual Net Profit: £35,339
Seller Reference: 6810
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Business Description
 
 
 
 
 
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Seller Reference: 6810
Request Details
Business Description
Main Road Trading Location
Accounts Available 31st March 2019
Annual Turnover £147,750
Gross Profit £85,258
Accounts Available After Viewing
Long Established
Reliable Staff In Place
Well Presented & Equipped
Free Parking Available
Potential For Longer Opening Hours
Scope To Introduce Beauty Treatments
EPC - D
REF 6810 – Leasehold Hair Salon

Blacks Brokers are pleased to bring to the market this leasehold hair salon located in a bustling area of Birkenhead, Merseyside.

INTRODUCTION

Bennett & Co has been trading on Woodchurch Road for over forty years. Our client took ownership in 2004. The salon is very well known and our client has built a large base of regular customers – this is stored electronically. Excellent reviews are noted on Facebook and Google and the business has a strong social media following.

LOCATION

The business is positioned on a busy main road close to a number of large multiples such as Sainsbury’s and Aldi as well as a wide range of independent retailers, offices and other businesses. The area is well linked by the M53 and A552 with good public transport links and parking is available close by.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s desire for a change of lifestyle, the business is now offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

A new lease will be negotiated upon sale.

BUILDING LAYOUT AND DESIGN

Bennett & Co operates from of a spacious, mid terraced property with the hair salon on the ground floor. The business is well branded with large signage displayed above a fully glazed frontage. Inside, the hair salon is presented very nicely with tiled flooring and modern décor throughout. There are eight mirrored styling stations, four back wash sinks and a welcoming reception area with comfortable seating. There is also a kitchen to the rear of the space.

On the second floor is a barbers however this is not included in the sale.

STAFF

The business is currently operating with seven members of staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS

Bennett & Co has traded well for many years. The accounts for year ending 31 March 2019 show the business generated an annual turnover of £147,750 with a gross profit of £85,258. Full financial details are available upon viewing.

BUSINESS RATES

The business has a rateable value of £1,695. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business occupies a superb trading position within a busy residential area with plenty of footfall and repeat custom. There is plenty of scope to develop the business further with the introduction of longer opening hours and the introduction of beauty services. 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:
Backwash x 4

TV x 2

Towel Warmer

Sofa x 2

Air Con

EPOS

Counter

Shutters
Trading hours:
MON: CLOSED
TUE: 09:15 - 17;30
WED: 09:15 - 20:00
THU & FRI: 09:15 - 17:30
SAT: 09:00 - 17:00
SUN: CLOSED
Tenure:
Leasehold
Location Details:
Birkenhead
Listed by:
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