Well Established Hair and Beauty Salon in Solihull – offers around £44,950

Offers Around £44,950  

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Property Details

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 Birmingham, Solihull and the M42 motorway (-j6) .

Operating from superbly fitted (recent refurbishment £20000) 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 Beauty Treatments.

“The business” also conducts a complementary retail operation of top of the range hair care 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 operate extended hours in order to fully exploit year-round local demand.

*The business comes complete with a tenanted 3 bed apartment and earns the current business owner £550 per month!!!

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 levels of turnover and profitability it has achieved since being established some 40 successful years   with the aid only of a small experienced and motivated team of 2 full time and one part timer who would be an asset to any purchaser and we would unreservedly recommend a viewing…

Financial Information – Current turnover is up to £1200 per week with profits and huge scope to increase!

Lease -The premises are being offered with the benefit of an existing lease 4 years remain …

Rent The current rent stands at only £937 per month. *

Business Rates We are advised that the Business Rates currently stand at Zero per annum.

Trading Hours – 5days only Sunday & Monday CLOSED;
Mon, Tues – Friday   09:00 – 17:00    Saturday 09.00-16.00

The Salon comes complete with a total of 3 workstations, 2 back wash basins. and 3 wall mounted hair dryers and a small waiting area to the front.

 A separate beauty room for aesthetics is proving very popular with an advanced appointments for weeks in advance.

The current split on turnover is approx. 50/50 Hair and Beauty.

The premises also benefits from a Kitchen, Laundry area and toilet.

The owner is reluctantly selling the business due to ill health and has stated there is much potential to be realised for a the new owner .. such as nail and eye lash treatments, massages, Facial and more advanced aesthetic treatments.

The nearest beauty salon is approx. 3 miles away!

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