Beautiful Hair Salon based in Birmingham

West Midlands
REF: S07225

Asking Price:
£37,000
Annual Turnover:
£60,000
Annual Net Profit:
£20,000
Reduced
Recently Sold
REF: S07225
Photo of Beautiful Hair Salon based in Birmingham
Photo of Beautiful Hair Salon based in Birmingham
Photo of Beautiful Hair Salon based in Birmingham
Photo of Beautiful Hair Salon based in Birmingham

Overview

Tenure:
Leasehold
Established:
1970
  • Excellent Reputation
  • Friendly & Professional Team
  • Huge growth potential

The business for sale caters to the hair lovers of Birmingham. Highly professional and well-established, the salon has acquired a fantastic financial profile and a comprehensive database of loyal clients.

Founded over 55 years ago, it is with a heavy heart the owner is selling due to their impending retirement. The salon has served a plethora of clients who assure the very best customer service with every cut, dry and style. Open Monday to Saturday, the business has expanded into beauty treatments, attracting a roaster of new clientele.

The business is for sale on a leasehold basis.

The salon is based on the ground floor. As customers approach the business, they face a glass-fronted modern looking property. Inside, the salon boasts a large open plan design with 4 workstations, 2 backwashes, 1 front wash and a customer toilet. Towards the back of the shop, there is a staff kitchen, garden area and storeroom.
Upstairs, there are four chairs which are currently rented out to a beautician but could easily be transformed as there are 2 rooms in total. The rooms could make functional beauty treatments areas for sunbeds etc.
All equipment and furnishings are included in the sale. This consists of all displays, shelving, backwashes and workstations as well as mirrors and chairs etc.

Intelligent are pleased to bring this lucrative salon to the market. This is a fantastic opportunity to acquire a very well-established business in an ideal location just south of Birmingham.
For further growth, the new owner should apply a new marketing strategy, work with social media and experiment with SEO. The business would profit from uploading some photos to an Instagram to attract customers.
The ideal buyer would be someone experienced in the hair and beauty industry, business-minded and looking to take the salon to the next level. They could be a first-time operator, or a small chain looking to expand.
Intelligent are searching for the right buyer. The current owners are willing to discuss a transitional period to help the new owners familiarise with the business operations.

Location

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  • High Footfall
  • On-Site Car Parking
  • Good Transport Links
  • Close to Local Businesses

Property

Annual Rent
£10,000
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Year)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

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