Sold £42,000 - 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 in addition to providing an excellent choice of associated modern beauty treatments including waxing, massage and facials etc.
“The business” also conducts a complementary retail operation of top of the range of hair care and beauty products (Loreal,Wella and Goldwell) 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 twenty five successful years ago by the current proprietor with the aid only of a small experienced and motivated team of one full time and a pool of two part time and Saturday assistants who would be an asset to any purchaser and we would unreservedly recommend a viewing.
Financial Information Current turnover in excess of £70,000 per annum with good profits and huge scope to increase.
Lease The premises are being offered with the benefit of a secure renewable 4 year lease.
Rent The current rent stands at £7,500 per annum.
Business Rates We are advised that the Business Rates currently stand at approximately Zero per annum.
Trading Hours Monday CLOSED; Tuesday -Friday 9am – 5pm; Saturday 9am – 4pm; Sunday CLOSED.