Hair and Beauty Salon in Northamptonshire

Wellingborough
REF: S07888

Asking Price:
£15,000
Annual Turnover:
£22,459
Annual Net Profit:
£7,182
REF: S07888
Photo of Hair and Beauty Salon in Northamptonshire
Photo of Hair and Beauty Salon in Northamptonshire
Photo of Hair and Beauty Salon in Northamptonshire
Photo of Hair and Beauty Salon in Northamptonshire

Overview

Tenure:
Leasehold
Established:
2010
  • Low Overheads
  • Well Equipped Business
  • Equipment Included

The business for sale is a well-known hair and beauty salon situated in Northamptonshire.

First established in 2010, the business has built up a fantastic reputation in the local community. Offering a wide range of services, treatments popular with their clients include; hair cuts and colours, hair extensions, eyelash treatments, waxing, massage, nails and more.

Now with a large and loyal base of returning customers and low overheads, this business is offered on a leasehold basis. Rent is payable at a rate of £4,500 P/A with the current lease set to expire in 2021.

The business is situated in a prime location in the village of Wellingborough. Ideally placed on the high street of a busy residential area, the salon is close by to local businesses and is able to take full advantage of good levels of footfall and passing trade.

Operating from a well-equipped, glass-fronted premises, customers enter into the main hair and nail salon area – with three work stations and a wash-basin. This leads to a further treatment room with a bed set up for massage and waxing treatments.

All of the relevant fixtures and fittings are to be included in the advertised selling price, including; salon chairs, mirrors, treatment bed and branded signage.

The current owner is willing to offer a transitional period, should it be required.

This would be the perfect opportunity for an experienced hairdresser or beautician keen to take the step to become their own boss. With a prime location and an already established reputation in the local area, a new owner would benefit from a loyal client base and recurring income from day one.

There are plenty of avenues a purchaser could explore to help grow this business further. Investing in more marketing through social media, or advertising their treatments through third-party sites like Treatwell, would help to get the salon in front of a new audience and introduce even more new customers. One may also consider taking on more hairdressers to increase the salon’s current capacity and drive more revenue.

Expanding the salon’s current service offering could also help to diversify their customer base, such as introducing semi-permanent cosmetics and filler treatments.

Location

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

Property

Annual Rent
£4,500
Annual Rates
TBC
Lease Term (Years)
2
Lease Expiry (Years)
TBC
Accommodation Included
No
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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