Popular High end Hair Salon in Leeds

West Yorkshire
REF: S07449

Asking Price:
£29,950
Annual Turnover:
£60,193
Annual Net Profit:
£24,016
Reduced
Recently Sold
REF: S07449
Photo of Popular High end Hair Salon in Leeds
Photo of Popular High end Hair Salon in Leeds
Photo of Popular High end Hair Salon in Leeds
Photo of Popular High end Hair Salon in Leeds

Overview

Tenure:
Leasehold
Established:
1985
  • Excellent Reputation
  • Very Loyal Customer Base
  • Well Equipped Business
  • Huge growth potential

Now available to the market is this excellent unisex hair salon situated in a bustling area of Leeds.

For over 34 years, the salon has been providing professional hair styling services to locals and passing trade in the area, affording itself an excellent reputation and a loyal base of clients.

Operation from a contemporary, well-equipped premises, the salon is primed for immediate takeover by an interested buyer, who could easily develop the business to enable it to reach its full potential.

Offering a wide range of hair styling services, the salon caters to a large demographic, its customers including men and women of all ages, its eldest customer being 104 years old.

In its 34 years of trading, the salon owners have got to know their customers very well- many of whom regularly return for hair treatments.

The salon utilises well known products such as L’oreal and Wella in their treatments and offers these for sale to customers.

Trading from a ground floor premises with a glass frontage and bold signage, the business is well-equipped to run smoothly. Upon entry, clients are greeted by a reception desk and comfortable waiting area, with room for around 7 people. The main salon floor hosts 7 individual workstations, each with its own chair and mirror. Further back are 2 more workstations, as well as 3 backwashes in a row, whilst beyond this is a small kitchen and staff room. A basement is below the premises, currently unused.

All equipment is included in the sale.

This is an excellent opportunity to take on a very well-established and busy hair salon in a buzzing area of Leeds.

Ideal for a hair stylist looking to branch out on their own and purchase their first business, or an already established salon owner searching for suitable businesses to expand their portfolio, a new owner could take steps to grow the business as they see fit.

A professional website and social media pages would be highly useful in marketing the business, enabling clients to book online and even take advantage of special offers. Opening past 5pm would also help to cater for post rush-hour trade from busy weekday workers. Renting chairs out to individual hairdressers would also assist in keeping overheads low whilst bringing in regular business.

The current owner would be happy to discuss staying on for a transitional period in order to hand the business over smoothly.

Features

Online Presence

Location

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  • High Street Location
  • High Footfall
  • Close to Local Businesses
  • On-Site Car Parking

Property

Annual Rent
£12,500
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

Annual Turnover
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Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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