Highly Reputable Hair & Beauty Salon in Yorkshire

York, Yorkshire
REF: INT1982

Asking Price:
£65,000
Annual Turnover:
£108,000
Annual Net Profit:
£23,000
REF: INT1982
Photo of Highly Reputable Hair & Beauty Salon in Yorkshire
Photo of Highly Reputable Hair & Beauty Salon in Yorkshire
Photo of Highly Reputable Hair & Beauty Salon in Yorkshire
Photo of Highly Reputable Hair & Beauty Salon in Yorkshire

Overview

Tenure:
Leasehold
Established:
2000
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Equipment Included
  • Wide Variety of Products & Services

The business for sale is a highly reputable and popular hair and beauty salon located in Yorkshire.

Established for over 20 years, and under current ownership since 2016, the salon now has an unbeatable reputation in the local area, with numerous five-star reviews across Google, Facebook and Fresha. They were also awarded Top Hair and Beauty Salon of the Year in York by the Yorkshire Prestige Awards for 2022/23 - an extremely impressive accolade.

The salon is able to offer a wide array of services, including: haircuts, colouring, styling, waxing, manicures, pedicures, massages, facials, brow & lash tints and wedding services.

With a highly-skilled, well-trained team of two stylists and a part-time beautician, a new owner would be in a position to continue trading from day one.

The business boasts its own modern website, a strong following on Facebook and Instagram and also offers online booking via Fresha – meaning customers can get their appointments 24/7.

Offered on a leasehold basis, rent is payable at a rate of £10,200 per annum with the current lease set to expire in 2023. The current owner has advised they would be happy to offer a transitional period, should this be required.

The business is situated in a prominent position in York, on a busy main street providing high levels of footfall and ample passing trade.

Inside, the salon has been completely refurbished to a very high standard. Modern and aesthetically pleasing throughout, the property spans over two floors with hairdressing downstairs and beauty upstairs.

Externally, customers are greeted by a double glass frontage with clear signage above the entrance. The front door opens directly into the main salon area, with a cosy reception area, front desk, and hair stations. A staircase leads to the first floor, where there is a manicure and pedicure station, as well as a beauty area with a massage table.

All of the relevant equipment, fixtures and fittings are to be included within the advertised sale price.

This would be the perfect purchase for an individual with previous hair and beauty experience, looking to step out and be their own boss. The established reputation and long trading history make this an extremely attractive opportunity.

The room for growth within this business is huge. Increasing staff numbers either through recruitment, or chair rental, would allow the salon to service more clients and increase profits substantially.

A new owner could also look to increase the salon's opening hours to include more evening options – as their late-night Wednesday option has proven to be extremely popular.

Furthermore, another way to increase profits and entice new customers could be increasing the salon’s services to include options like eyelash extensions, aesthetic treatments, acrylic nails, make-up and hair extensions.

Features

Key Information

  • Treatments Offered: Hair - Blow Drys, Hair - Bridal & Event, Hair - Colouring, Hair - Extensions, Hair - Ladies' Cuts
  • Product Sales: Yes

Online Presence

  • Facebook: Yes

Location

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  • Residential Location
  • Shopping Centre Location
  • Close to Local Businesses
  • Nearby Car Parking
  • Good Transport Links

Property

Annual Rent
£10,200
Annual Rates
TBC
Lease Term (Years)
1
Lease Expiry (Year)
2023
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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