Established & Spacious Hair Salon in Oxfordshire

Banbury, Banbury
REF: S08091

Asking Price:
£69,995
Annual Turnover:
£226,753
Annual Net Profit:
£31,284
REF: S08091

Overview

Tenure:
Leasehold
Established:
1983
  • Excellent reputation
  • Loyal customer base
  • Spacious premises
  • Equipment included
  • Friendly, professional team

The business for sale is an established and spacious hair salon in Banbury, Oxfordshire. Originally established in 1983, this long-standing business has grown steadily since its creation and has now gained an excellent reputation and a loyal customer base in the local area.

Over the past 38 years of operation, the business has built up a well-known and highly profitable brand. The salon offers unrivalled personal service, quality hair care products, and a wide range of hairstyling options and expertise at competitive prices.

The friendly, professional team is made up of 4 full-time and 2 part-time members of staff. All equipment is also included in the sale, which means the new owner should be able to get to work straight away.

The spacious and well-equipped premises have a brilliant location on the high street of Banbridge, with nearby car parking, high footfall, and proximity to other local businesses. This convenient spot should ensure plenty of passing trade for the new owner.

There is huge potential for growth with this business, as there is a massive opportunity to develop the company’s social media presence, which should attract further trade. This fantastic business would be the ideal opportunity for a seasoned professional in the business.

The business has an excellent street presence on a busy road, just a few shops down from several well-known brands. The door on the left hand-side of the shop leads into the beautiful, open plan hair centre.

All equipment will transfer over with the business sale, including signs, EPOS system, reception desk, basins, chairs, mirrors, and hand-held equipment.

The current owners are happy to provide an initial transitional period following the business takeover.

This would be the ideal opportunity for a seasoned professional in the industry.

There is huge potential for further growth with this business, as there is a massive opportunity to develop the company’s social media presence, which should help attract further trade.

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  • Nearby car parking
  • Residential area
  • High footfall
  • Close to local businesses
  • High-street location
Rent
£18,000
Rates
£0
Lease Term
15
Lease Expiry
2034
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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