Popular Hair Salon in Derby

Derby, Derbyshire
REF: S05786

Asking Price:
£12,000
Annual Turnover:
£50,000
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: S05786
Photo of Popular Hair Salon in Derby
Photo of Popular Hair Salon in Derby
Photo of Popular Hair Salon in Derby
Photo of Popular Hair Salon in Derby

Overview

Tenure:
Leasehold
Established:
1997
  • Professional service
  • Renovated premises
  • Busy location
  • High revenue
  • Potential for growth

On offer here is a perfect opportunity to acquire a well-established and long running business in Derby.

Functioning as a high-quality hair salon, the business has amassed a stellar reputation across the local community and by keeping overheads nominally low, has successfully generated high annual income.

Now, due to personal commitments, the vendor is looking to step away from this business and is looking for a motivated buyer to take over operations.

This is a highly-regarded and well-operated salon, which specialises in offering high quality hair cutting and styling services to customers at cost-effective prices.

Through offering a timely, reliable and friendly service, this business has amassed a large and loyal customer base over the years, who guarantee repeat custom.

It currently trades from a single-fronted, terraced building which features clear exterior signage, displaying the business name across its front. The salon space is located on the first floor of the building, which features a small reception area to the front. A separate room features two settees and is used as a waiting area at present. There is a large hairdressing room which comprises five hair stations and a small kitchen and staff room beyond this area.

Trading consistently all year round, the business has grown organically through word of mouth and recommendations from its satisfied customers.

Intelligent Business Transfer are delighted to bring to the market this well-established business, favoured by local residents for its high quality and attentive service.

Since its inception in 1997, the current vendor has nurtured this business and by keeping overheads nominally low, has successfully generated healthy annual turnover in the region of £30,000.

This is an ideal platform for an experienced hair stylist or owner-operator looking to acquire a solid platform in this geographical location.
With firm foundations set, the business is in great walk-in condition and presents great opportunities for further growth.

Through the introduction of beauty services and by extending opening hours, the business could effectively attract more customers.

As well as this, the new buyer could actively advertise the business through social media and via a website to effectively boost exposure to its services as well as its offers/discounts etc.

Intelligent Business Transfer are searching for a suitable buyer. The vendor is willing to stay on to aid the transition.

Location

Property

Annual Rent
£5,400
Annual Rates
TBC
Lease Term (Years)
TBC
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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