Established Hair & Beauty Salon in Waterlooville

Waterlooville, Hampshire
REF: S07778

Asking Price:
£63,000
Annual Turnover:
£75,000
Annual Net Profit:
£45,000
REF: S07778

Overview

Tenure:
Leasehold
Established:
2012
  • Excellent reputation
  • Well-equipped premises
  • Low overheads
  • Wide variety of services
  • Huge growth opportunity

The business for sale is a one-stop-shop for all of your hair and beauty needs.

Located in Waterlooville, they offer a wide range of services including; hair treatments, makeup, eyebrow threading, microblading, manicures and pedicures.

Having built up an excellent reputation since establishment in 2012, they now have a strong returning customer base alongside robust supplier relationships.

Offered on a leasehold basis, rent is payable at a rate of £13,200 P/A with the current lease set to expire in 2027.

Ideally situated in a parade of complimentary shops, the business benefits from good transport links and convenient parking nearby. Based in a highly-populated residential area, they are able to take advantage of the good levels of footfall and high passing trade.

Boasting four workstations, two washbasins and a treatment bed, the premises are stylishly decorated to provide an idyllic, tranquil setting.

All of the relevant equipment, fixtures and fittings are to be included within the advertised sale price - ensuring a new owner can commence trading straight away.

This would be the ideal business purchase for an individual in the hair and beauty industry searching for a business in a highly popular area.

There is ample opportunity for further growth. Offering treatments on industry sites such as Treatwell could help introduce new customers to the salon, expanding their already impressive customer base.

A new owner could also look to increase functionality on the business's website, perhaps introducing an online booking system to make it even easier for customers to use their services.

The current owner has advised they would be willing to stay on for a transitional period, should a new owner require.

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  • Nearby car parking
  • Good transport links
  • Residential area
  • Close to local businesses
  • Could be relocated
Rent
£13,200
Rates
£0
Lease Term
8
Lease Expiry
2027
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

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

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