Professional Hair Salon in Bournemouth

Bournemouth, Dorset
REF: S07575

Asking Price:
£99,000
Annual Turnover:
£88,153
Annual Net Profit:
£39,656
REF: S07575

Overview

Tenure:
Leasehold
Established:
1965
  • Superb reputation
  • Loyal client base
  • 5 bedroom flat included
  • Spacious, fully-equipped premises
  • High growth potential

This is a fantastic chance to take over a thriving hair salon situated in a bustling local area of Bournemouth.

Established since 1965 and under ownership since 1991, the business has been trading successfully as a hair salon for over 50 years, affording it a great reputation and loyal pool of clients.

The salon has a professional team of stylists and perfect location which a new owner could utilise to their full advantage.

The salon’s door opens to the spacious salon floor, with 6 hair stations with mirrors and all equipment. There are dryer hoods along the back wall, as well as 2 backwash basins. A door to the rear passes through to the staff room, which contains washing machines and toilet facilities. An additional door to a corridor leads to the entrance to the flat, stairs going up to the first floor. The flat contains a bathroom, 2 bedrooms, a kitchen and a living area. Another set of stairs lead to the third floor with 3 more bedrooms and bathroom.

 

All essential equipment is included in the sale.

This is an ideal opportunity for a current owner-operator of a hair or beauty salon looking to expand their portfolio. A new owner could grow the business through multiple avenues.

Expanding the team to include more stylists, perhaps renting chairs out to them to keep overheads low, would be a great way to increase appointments. Having an online presence through social media and a website would also attract a wave of new clients to the salon and boost profit margins.

The existing owner would be happy to stay on for a transitional period to ensure a smooth handover to the new owner.

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  • Nearby car parking
  • Good transport links
  • Residential area
  • Close to local businesses
  • High footfall
Rent
£15,100
Rates
£0
Lease Term
10
Lease Expiry
4 years remaining
Square Footage
TBC
Accommodation Included
Yes
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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

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