Hairdressers Salons for sale in Fareham

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Well Established Hair Salon

Fareham, Hampshire, England

  • Leasehold Price: £59,950
  • Under Offer
  • Turnover: £214,785
  • Gross Profit: £69,311
Seller Reference: B05045
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Business Description
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Seller Reference: B05045
Request Details
Business Description
Hilton Smythe are delighted to present to the market Headmasters Hair Salon, established by our client in the village in the 1980s and now offered for sale to allow them to retire.

The beautifully presented salon enjoys a very loyal customer base including a very loyal salon team.

The salon offers both ladies/men's haircuts and colour services.

They proudly use Aveda natural hair and colouring products including a large range of retail products available in the salon to purchase.

Headmasters also adopt several eco-friendly solutions, including disposable salon towels which are thrown away when clients leave the salon - no laundry, no excessive water usage.

Training - a key focus for our clients who have supported many apprentices through this salon. All staff are employed by the business, with majority having in excess of 10 years’ service.

Currently the business only offers hairdressing services, re-organising the salon space could easily allow a new beauty service area.

Full business handover offered.

Headmasters Hair salon occupies a prominent trading position on Stubbington Green in Fareham, Hampshire.

The business sits alongside a busy choice of local retailers, cafes, Iceland supermarket, Banks and restaurants all positioned around the Green.

Stubbington is an affluent Hampshire village located between Southampton and Portsmouth, within the borough of Fareham. Located just off the A27.

The area is enjoying increased investment through new housing developments and infrastructure.

There is a pay and display customer car park within 5 minutes’ walk.

Nearest mainline station is Fareham.

Ground floor - customer waiting area includes 4 x leather tub chairs, 2 x large display units, L shaped reception desk which includes a new and computerised salon booking system, till, card machine.

Main salon area - 13 Hair stations which include full height mirrors and storage units.

2 x wall mounted air con units.

4 x chair backwash area.

Colour storeroom

Staff kitchen

Toilet facilities

There will be a new Lease available for any new buyer with an annual rent of £18,000 being paid.

Current business rates payable are £5,000 per year.

Monday and Tuesday 9am to 5.30pm
Wednesday 9am to 7pm
Thursday 9am to 5pm
Friday 9am to 7pm
Saturday 9am to 5pm
Sunday Closed

The salon is mainly staff run with a full time Manager and Assistant Manager, 3 senior stylists, a part time stylist, 2 x apprentices, part time receptionist.

Financial Profile
The turnover listed in the 2018 accounts showed £215,000 with an adjusted net profit of £28,260.

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