Established & Friendly Hair Salon in Stockport

Stockport, Greater Manchester
REF: INT1879

Asking Price:
£16,000
Annual Turnover:
£57,536
Annual Net Profit:
£17,409
REF: INT1879
Photo of Established & Friendly Hair Salon in Stockport
Photo of Established & Friendly Hair Salon in Stockport
Photo of Established & Friendly Hair Salon in Stockport
Photo of Established & Friendly Hair Salon in Stockport

Overview

Tenure:
Leasehold
Established:
2013
  • Excellent Reputation
  • Very Loyal Customer Base
  • Low Overheads
  • Well Equipped Business
  • Equipment Included

This is a unique opportunity to acquire an established and friendly hair salon, which has an ideal location in Stockport.

The business was first established in 2013 and has operated successfully over the years, building up a loyal, repeat customer base and gaining an excellent reputation for their high-quality and friendly services.

They prioritise providing their clients with a wide range of services, including cuts, colours, hair extensions, blowouts, highlights, and much more. Furthermore, the salon also specialises in curly hair, bobs, and balayage.

Due to their excellent services, the salon is incredibly busy, with each stylist averaging 10 clients per day.

The salon’s brilliant reputation is further enforced by over 100 5-star reviews, which the salon has amassed online across Google, Facebook, and Yell.

With low overhead costs and equipment included, this would be the perfect opportunity for a trained hairstylist, now looking to acquire a successful hair salon.

The total asset included in the sale valued at approximately £25,000, making this a very competitively priced opportunity.

The business has a perfect location, just out of Stockport town centre. This area is brilliant for business, as there is a new project, which will see £1bn injected into the community. The bus station and motorway are close to the premises, providing plenty of passing trade. Nearby, there is a multi-storey car park.

The ground floor comprises the main salon, with 5 x styling stations, 2 x backwashes, 1 x bathroom, as well as storage under the stairs.

On the first floor, there are 3 x styling stations and 1 x tea corner, where you can find drinks and refreshments. The staff room is fully fitted with 1 x washer, 1 x dryer, 1 x fridge, and 1 x microwave. There are also 2 x additional rooms, which can be rented out as beauty rooms. This would provide a brilliant additional revenue stream for the new owner.

The salon has recently had new signs fitted outside, which are the perfect exterior display for the business. In addition to this, the shutters and facias have also been painted.

This thriving business would be the perfect opportunity for a trained hairdresser, now looking to acquire their own successful hair salon. Additionally, the salon would work brilliantly as a family investment.

There is huge potential for growth with this business, as the salon has such an ideal location at the centre of a new project, which sees £1bn injected into the local area.

The salon has a popular following across Facebook and Instagram, which act as excellent sales windows for the business. It would be beneficial if the new owner continued to utilise and optimise these online channels. It would also be a great idea for the new owner to consider developing a company website.

The business benefits from low overhead costs, which should provide the new owner with consistently high-profit margins.

Features

Key Information

  • Treatments Offered: Hair - Ladies' Cuts
  • Product Sales: Yes

Reputation

  • Google: 5

Online Presence

  • Facebook: Yes

Location

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  • High Street Location
  • Close to Local Businesses
  • Close to Schools
  • High Footfall
  • Nearby Car Parking

Property

Annual Rent
£8,000
Annual Rates
TBC
Lease Term (Years)
3
Lease Expiry (Year)
2023
Accommodation Included
No
EPC Rating
B 26-50

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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