Lucrative Hair Salon in Hertfordshire

Welwyn Garden City, Hertfordshire
REF: 02973

Asking Price:
£29,950
Annual Turnover:
£88,242
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: 02973
Photo of Lucrative Hair Salon in Hertfordshire
Photo of Lucrative Hair Salon in Hertfordshire
Photo of Lucrative Hair Salon in Hertfordshire
Photo of Lucrative Hair Salon in Hertfordshire

Overview

Tenure:
Leasehold
Established:
2005
  • Well equipped, well established business
  • Good turnover
  • Secure income from partial sublet
  • Prime location
  • Loyal and affluent customer base

This enviable hair business has a great deal going for it: A prime location in an affluent town, modern, stylish, well equipped premises, multiple income sources from an array of services and a partial sublet to a complimentary business and a good financial standing to boot.

Thanks to the current owner it is also well known throughout the local area and the surrounding area, enjoying an outstanding reputation.

As well as being a good, secure investment at present, the company is also a great prospect for the future.

This business provides a completely rounded one stop hair service with a full array of beauty therapies available to its many customers. These include hairdressing, with six seats available, manicures and pedicures in the nail parlour, sun beds, spray tanning, threading and make up.

The stylists and their work has proved very popular in the area and continues to do so meaning that income is consistent with opportunities for growth.

The fresh and stylish modern premises are extremely clean and decorated in white and black with stylish fittings. They are laid out with a eight chair hair salon area downstairs and a separate set of beauty therapy rooms upstairs including tanning and fake tanning rooms as well as rooms for the other beauty therapies.
These are currently sublet.

There is also a small staff kitchen and seating area as well as a toilet area.

Intelligent Business Transfer is delighted to offer for sale a exciting and profitable salon based in an affluent area. The business is a large and lucrative concern in an ever popular market. What is more, it has a well established client base who appreciate the quality of work and the services offered.
This makes it a secure and profitable investment apt for hairdressers looking to move or begin their own business as well as entrepreneurs in the beauty industry.

The low price attached to the valuable business makes this an affordable and almost unmissable opportunity for buyers to get their hands on a reputable and diverse business.
After purchase the opportunities for profit and expansion continue, with the first and easiest being the opportunity to increase the size of the business within its current premises by taking on more stylists.

Given that the equipment, core business and client base already exist this will be a cheap and easy way to increase turnover and profits in the short term.

In the longer term advertising and the creation of an online presence will make the business more visible and build on its good reputation, providing more customers and even more scope for expansion.

Features

Online Presence

Website: www.sohairuk.co.uk

Location

Property

Annual Rent
TBC
Annual Rates
TBC
Lease Term (Years)
4
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

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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