Two Freehold Hair Salons with Long Trading History for Sale

Oxfordshire
REF: INT2023

Asking Price:
£1,045,000
Annual Turnover:
£505,483
Annual Net Profit:
£155,082
REF: INT2023

Overview

Tenure:
Freehold
Established:
1990
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Well Equipped Business
  • Spacious Premises

This is an exclusive opportunity to purchase a well-established and reputable hair salon and barbershop business in Banbury, Oxfordshire with a substantial freehold property included.

Sitting at around 2,200 sqft, the salon itself is of an extremely impressive size. At present, the layout is split into two salons, one focusing on ladies' services and the other on men. In doing this, the current owners have successfully created two distinct identities that allow them to appeal to different target markets. They are also able to cater to children. The property extends over an additional two floors also, with planning permission in place for future residential development.

First established in 1983, this family run company has gained an enviable reputation within the local community. The salons are situated in a prominent high street location, providing ample levels of passing trade on footfall.

The business is known for its high-end services and well-trained, professional team. With around 20 staff working across both salons, quality of service is at the forefront of this company’s ethos. To ensure their high standards are maintained, all members of the team are offered regular training courses and seminars, as well as photographic work to showcase their end results across social media and both local and national publications. This has led to their winning multiple awards over the years.

A hands-off opportunity with a strong management structure already in place, the growth potential in this business is bountiful and primed to be unlocked.

As this business is a confidential sale, we require you to complete a non-disclosure agreement (NDA) to access further information



Please complete your details and we will be in touch

Features

Key Information

  • Treatments Offered: Hair - Blow Drys, Hair - Bridal & Event, Hair - Colouring, Hair - Extensions, Hair - Highlights, Hair - Ladies' Cuts, Hair - Men's Cuts, Hair - Perms, Hair - Styling
  • Reception Area: Yes
  • Product Sales: Yes

Online Presence

  • Facebook: Yes
  • Instagram: Yes

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