Established Hair Salon in South Yorkshire

Dronfield, South Yorkshire
REF: 05194

Asking Price:
£19,995
Annual Turnover:
£80,040
Annual Net Profit:
£16,089
REF: 05194

Overview

Tenure:
Leasehold
Established:
2007
  • Affluent high footfall location
  • Established in 2007
  • High quality spacious premises
  • Loyal client base
  • Good growth potential

This is a superb opportunity to acquire a highly-regarded hair salon that has been providing cutting and styling services for over a decade.

The loyal client base is drawn from residents and employees of the local affluent area.

The spacious and fashionable salon has been renovated to a high standard throughout.

In addition to low overheads and impressive profit margins, the new owner will benefit from a business with good growth potential.

The business trades as a unisex hair salon, offering a full range of cutting and styling services. It is also a stockist of some popular hair ranges, including Wella Professional.

Clients enter the premises via the front door at street level. Externally, the premises occupy a double-fronted semi-detached property. Internally, the salon has been refurbished to a high standard, with fashionable décor. The salon is divided into three areas. The largest section can accommodate four cutting stations, with six in total, along with two washing basins. There is also a small reception area to the front and a storage area to the first floor.

There is no website, but the current owner maintains a presence on social media and enjoys strong word-of-mouth advertising.

The salon currently trades from 9am to 5pm, Tuesday to Friday, and 9am to 4pm on Saturday, closed Sunday and Monday.

Turnover is in the region of £78,000, with net profit of around £24,000.

Intelligent is pleased to offer for sale this fashionable unisex hair salon that enjoys a strong reputation and an excellent location.

Trading since 2007, the salon is staffed by highly qualified stylists and the business enjoys terrific word-of-mouth.The new owner will further benefit from quality premises that have been decorated to a high standard throughout and six fully-equipped cutting stations. The salon stocks several popular hair product ranges, offering an additional income stream.

The salon enjoys low overheads and high profit margins, and there remains good growth potential for a new owner to exploit. The current owner is happy to stay on for a transitional period to help the new owner to get up to speed with the business, which is only for sale due to retirement.

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  • Located on a busy B-road
  • Near Town Centre
  • Good level of footfall
  • Has a Beauty Salon above which provides complementary services
  • Near a soon to be opened large retail park
Rent
£12,000
Rates
TBC
Lease Term
TBC
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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