For sale £39,500 - Hair & Beauty
This is a very well established and highly regarded concern which enjoys all the considerable commercial advantages of a fantastic trading position among numerous other complementary outlets and with excellent access to major Shropshire towns and lies North of Wolverhampton with Staffordshire road links
Operating from superbly fitted and prominent premises, the business is currently primarily equipped to the very highest industry specifications to undertake a full range of traditional and contemporary hair styling and colouring services for local residents
“The business” also conducts a complementary retail operation of top of the range of hair care and beauty products and would naturally furnish any enthusiastic purchaser with vast scope for continued growth, not least with regard to investment in additional staff, possible expansion into other areas of the highly diverse hair and beauty services and retail market and to operating considerably extended hours in order to fully exploit year round local demand.
The Salon would also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services particularly with reference to introduction of online advertising in order to improve upon the already high levels of turnover and profitability it has achieved since being established some fifty plus successful years (17 years present owner ) with the aid only of a small experienced and motivated team of full time and a part time and Saturday assistants who would be an asset to any purchaser and we would unreservedly recommend a viewing.
Financial Information Current turnover is up to £2500 per week with good profits and huge scope to increase.
Lease The premises are being offered with the benefit of a flexible arrangement although a new lease will be made available for the approved new Buyer
Rent The current rent stands at £584 per month
Business Rates We are advised that the Business Rates currently stand at approximately Zero per annum.
Trading Hours Monday CLOSED;
TUE: 09:00 – 17:00 WED: 09:00 – 14:00 THU: 09:00 – 21:00 FRI: 09:00 – 19:00
SAT: 08:00 – 14:00 SUN: Closed
There is a reception desk and waiting area with comfortable sofa and chairs along with a range of stylish glass retail display units.
There are 5 work stations and 3 back wash basins. There is an attractive tiled floor throughout, 2 wall mounted hair dryers and another two seat sofa and waiting area towards the rear. Towards the rear of the premises there is a kitchen which incorporates a laundry and an office facility
There is also a basement which is currently used for storage