Well-Established Hair Salon in Essex

Hornchurch, Essex
REF: INT1899

Asking Price:
£35,000
Annual Turnover:
£72,800
Annual Net Profit:
TBC
REF: INT1899
Photo of Well-Established Hair Salon in Essex
Photo of Well-Established Hair Salon in Essex
Photo of Well-Established Hair Salon in Essex
Photo of Well-Established Hair Salon in Essex

Overview

Tenure:
Leasehold
Established:
1990
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Equipment Included

This is a fantastic opportunity to purchase a long established and hugely popular hair salon in the popular commuter town of Hornchurch, Essex.

Established in 1990, the existing owner has built a loyal customer base of repeat clients by delivering excellent service from her friendly, professional team offering a wide range of services from hair cuts to bridal options and much, much more.

As well as serving the local residential area, the business also benefits from a high volume of passing trade due to the excellent nearby transport links. Additionally, the superb location also has parking nearby making it very convenient for regular customers from further afield.

The new owner will enjoy the experience and reputation of the existing team of three part time members of staff. The team have worked in the business for many years and enjoy superb client relationships. The present owner will help cement a smooth transition by working with the new owners for an agreed period.

All equipment is included, making this a genuine turnkey business opportunity perfect for a stylist looking to go out on their own, an existing salon owner wanting to expand, or an entrepreneur putting in a manager to run the business.

A bright and airy salon, with expansive glass frontage presenting a professional yet welcoming view to arriving clients and passing trade.

Assets and stock are included for ultimate convenience as existing staff and clients alike enjoy the environment. As a bonus, the lease includes a flat above the salon presently generating £5,720pa. This additional revenue stream could be increased to £8,340pa as it’s below market rate.

The existing stylists work varied hours – one covering Tuesday and Thursdays, one Wednesdays, and one Wednesday to Saturday, with the owner doing 4 hours Friday and 8 Hours Saturday.

The outstanding opportunity here is to generate new business from building an online presence. Despite the long standing success of the business it doesn’t have a website or any social media.

Developing online channels and even product sales will enable the new owner to take the business to the next level. In tandem, the excellent space would enable the new owner to decorate or brand the business in their own way.

Features

Key Information

  • Treatments Offered: Hair - Blow Drys, Hair - Bridal & Event, Hair - Colouring, Hair - Highlights, Hair - Ladies' Cuts, Hair - Perms, Hair - Styling
  • Treatment Stations: 6
  • Product Sales: Yes

Online Presence

Website: NA

Location

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  • Residential Location
  • Close to Local Businesses
  • High Footfall
  • Nearby Car Parking
  • Good Transport Links

Property

Annual Rent
£13,000
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2025
Accommodation Included
Yes
EPC Rating
TBC

Financial & More

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

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