Popular Hair Salon In Lancashire

Ormskirk, Lancashire
REF: S07408

Asking Price:
£29,995
Annual Turnover:
£52,084
Annual Net Profit:
£23,680
Reduced
Recently Sold
REF: S07408
Photo of Popular Hair Salon In Lancashire
Photo of Popular Hair Salon In Lancashire
Photo of Popular Hair Salon In Lancashire
Photo of Popular Hair Salon In Lancashire

Overview

Tenure:
Leasehold
Established:
1965
  • Friendly & Professional Team
  • Excellent Reputation
  • Very Loyal Customer Base

The business for sale is a popular and busy hair dressing salon in Burscough, Lancashire with a reliable and regular client base.
 
Since establishment in 1958, this business has gone from strength to strength and has developed a great reputation in the area due to its fair pricing and friendly, professional service. With some clients having been regulars for over 20 years – the business has mainly grown through word of mouth and recommendations, often booked up with appointments far in advance.  

The current owner is now looking for someone to take on and ensure the continued success of the business.

The business for sale is a very busy and popular hair dressing salon in Burscough, Lancashire which receives great reviews due to its family friendly, casual atmosphere and the professional service this business provides. This business constantly receives repeat bookings from loyal customers who also refer friends and family to this salon. All appointments are booked directly and in advance to ensure that each customer will be able to get an appointment. The salon is set up ready for all the needs to style hair professionally and to a very high standard.
 
The current owner prides herself on having worked in the salon for over 20 years and can therefore offer a high level of expertise to everything she does. Some clients have been coming to this salon for 20 years as they always leave extremely satisfied.
 
All equipment is included in the sale of this business. The business is offered on a leasehold basis with rent payable at £6,240 P/A with 5 years remaining on the current lease

This is a fantastic opportunity to acquire a successful and popular salon with a reliable client base of loyal and repeat customers who come back again and again. The new owner would be excited to work in a customer facing role within a family friendly environment.
 
This business has excellent potential for growth and could be developed further through the use of more advertising and by extending opening hours. This business currently has a successful Facebook page but could be expanded further through the development of other social media pages such as Twitter and Instagram.
 
This business would be best suited to someone who is already in the hairdressing industry and is wanting to add to their portfolio, or someone who is looking for a lifestyle change.
 
The current owner is willing to stay on for a transition period to ensure the continued success of the business.

Location

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  • Good Transport Links
  • High Footfall
  • Limited Competition

Property

Annual Rent
£6,240
Annual Rates
TBC
Lease Term (Years)
6
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
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Number of Employees
XXXX
Current Ownership
XXXX

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