Award-Winning Hair & Beauty Salon in West Yorkshire

Leeds, West Yorkshire
REF: S06818

Asking Price:
£40,950
Annual Turnover:
£66,570
Annual Net Profit:
£17,251
REF: S06818

Overview

Tenure:
Leasehold
Established:
2014
  • Loyal experienced staff
  • Great reputation
  • Thousands of registered clients
  • Limited competition
  • Award winning salon

Established in 2014, the business for sale is a contemporary hair and beauty salon in situated in a densely populated residential area in West Yorkshire.

The salon is recognised for its professional, unisex hair services as well as a wide variety of beauty treatments.

The business is longstanding in the community and has built an outstanding reputation in the area and receives a huge number of referrals from clients. The business is now for sale on a leasehold basis.

Customers enter into the main salon, with a counter, comfy waiting area, 5 work stations and 2 backwashes. To the rear of the premises is a sunbed area, a beauty treatment room, the kitchen and WC.

There are 4 years remaining on the lease and rent is £12,000 P/A plus VAT.

This is an opportunity best suited to someone within the hair and beauty industry, a couple wanting to start their own salon, or an established operator wanting to add another business to their portfolio.

Despite the firm foundations set, there are ways to grow the business further. The business does limited advertising and has achieved much of its success through its reputation for excellence. Through increased advertising via social media, online platforms as well as locally through advertising, the business could boost exposure to its services and effectively attract more customers. If wanted, a potential buyer could increase the number of services offered as this could attract a larger consumer base.

A new owner will also benefit from a transition period if needed.

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  • Residential area
  • WIthin a parade of shops
  • Situated on main road
  • Ample free parking nearby
  • High levels of footfall
Rent
£12,000
Rates
TBC
Lease Term
10
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
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Number of Employees
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