A well-established, Hair salon based in a highly sought-after area of Sutton-in-Ashfield, Nottingham

  • Leasehold Price: £40,000
  • Annual Net Profit: £30,000
  • Annual Turnover: £87,520
Sutton in Ashfield, Nottinghamshire, England
Seller Ref:382
For Sale

A well-established, Hair salon based in a highly sought-after area of Sutton-in-Ashfield, Nottingham

Sutton in Ashfield, Nottinghamshire, England
Seller Ref:382
  • Leasehold Price: £40,000
  • Annual Net Profit: £30,000
  • Annual Turnover: £87,520

Overview

Seller Ref: 382

Description

This is an excellent opportunity to purchase a well-established, Hair salon based in a highly sought-after area of Sutton-in-Ashfield, Nottingham. The business is available on a leasehold basis.
The business trades as an exclusive hair salon offering a wide range of hairstyling services to their customer base. Their services include Blow-dries, colour, cutting, extensions, braiding and much more. They have a varied demographic, from young professionals to wealthy pensioners and are used for a variety of reasons, whether it be for a wedding, pick me up or special event!
The business is available on a leasehold basis and has been renovated to an exceptionally high standard throughout as the vendor has skilfully combined the character features of the property with modern fixtures and fittings. The salon boasts 6 hair styling stations, 2 wash basins, a staff room, a reception area and a large area on the 1st floor which could be used for various different purposes.
The business has been established since 2002 and has experienced substantial growth on an annual basis since then. They have an excellent reputation and are widely considered a household name in the local community. This reputation has resulted in a loyal customer base and a vast amount of repeat custom. This reputation has also been reflected on a number of review sites and several social media platforms.
.
• Excellent Reputation in their industry and local community
• Well Established!
• Loyal Customer base
• High Customer Retention
• High Quality Premises which have been renovated throughout.
• All Fixtures and Fittings Included
• High Footfall Location
• Skilled staff
• Minimal Overheads
• Minimal Competition
• High Turnover – £87,520
• High Adjusted net profit – £30,000
• Huge Opportunity for further growth and success.
It is with a heavy heart the current vendor is selling the business due to other business interests. This represents an excellent opportunity for an entrepreneur who is looking for a business with solid foundations for future growth and success or an independent/corporate chain who is looking for a lucrative acquisition.
This business has experienced a high number of enquires at an initial stage, so to avoid disappointment, please contact us for further information.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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