Highly Reputable Hairdresser & Beauty Salon – Southsea, Hants

  • Price: £225,000
  • Annual Turnover: £258,000
Southsea, Hampshire, England
For Sale

Highly Reputable Hairdresser & Beauty Salon – Southsea, Hants

Southsea, Hampshire, England
  • Price: £225,000
  • Annual Turnover: £258,000

Description

• Highly reputable, established, Hair & Beauty salon, set up 25 years ago, new owners acquired 10 years ago.

• Prime location, on a pedestrianised, main town centre street, with high footfall.

• Exclusive strong partnership and support from a leading international luxurious hair colour provider – Revlon.

• Significantly refurbished, modern, contemporary, salon providing an array of specialist beauty services.

• Huge opportunity to expand revenues further.

This business is a distinguished, highly reputable, well-established hair and beauty salon with a legacy spanning 25 years, and the current owners acquired the business 10 years ago.

Situated in a busy pedestrianised popular town centre street, this salon enjoys an enviable, high-visibility location and what sets this business apart is its unwavering commitment to delivering exceptional customer experience and upholding the highest standards of professionalism.

As esteemed members of the Fellowship for British Hairdressing Creative Excellence, together with having an exclusive strong partnership with a leading premier luxury Professional Hairdressing brand – Revlon, this business is set apart from others, as it guarantees top-tier quality in its services and products.

Through this robust partnership, the salon has been granted access to cutting-edge products, first-rate store displays, staff training of the highest calibre, and enticing incentives to showcase this luxurious brand. This association ensures this business remains at the forefront of the industry, delivering unparalleled beauty experiences.

At the core of their mission lies an unwavering commitment to personalised service, tailoring every treatment and experience to their valued clients.

Services include the ultimate in hair colouring, cutting, complemented by a range of indulgent offerings such as body massages, facials, IPL, and oncology treatments.

The owners have spared no expense in transforming their leased retail space into a modern contemporary high quality relaxing environment.

The salon situated on the first floor, boasts an expanded layout with up to 14 workstations. Furthermore, access to a second floor leads to toilets, 2 rooms, storage, and office space.

The sale includes all assets, goodwill and stock valued at c£20k. This is a leasehold business, and the lease is due for renewal in January 25 with the opportunity to extend it by another 5 to 10 years. The annual rent stands at £18,000, with rates payable amounting to £2,120 annually. Detailed financial information, including P/L accounts, balance sheets, and management data, will be disclosed to serious inquiries.

The potential for further growth is substantial: expanding business hours, increasing staffing levels (currently utilising only 4 to 5 of the 14 available workstations), and establishing a training academy, supported by their partnership with a leading luxurious hair care provider, are all promising avenues to explore.

Contact us today to learn more about this exciting business opportunity.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

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