***REDUCED*** Thriving Unisex Hair Salon with Loyal Clientele Based in Wickford

Wickford, Essex
REF: INT3489

Asking Price:
£25,000
Annual Turnover:
£32,169
Annual Net Profit:
£5,420
REF: INT3489
Photo of ***REDUCED*** Thriving Unisex Hair Salon with Loyal Clientele Based in Wickford
Photo of ***REDUCED*** Thriving Unisex Hair Salon with Loyal Clientele Based in Wickford
Photo of ***REDUCED*** Thriving Unisex Hair Salon with Loyal Clientele Based in Wickford
Photo of ***REDUCED*** Thriving Unisex Hair Salon with Loyal Clientele Based in Wickford

Overview

Tenure:
Leasehold
Established:
2010
  • Huge Growth Potential
  • Low Overheads
  • Well Equipped Business
  • Equipment Included
  • Spacious Premises

This well-regarded unisex hair salon has been successfully operated by the current owner for 16 years, transforming it from an empty shell with no clients into a thriving local business. The salon benefits from a loyal and diverse customer base, with clients ranging from children to the elderly, many of whom visit regularly for cutting and colouring services.

Located within a large housing estate, the salon enjoys a prime position with ample parking and no parking restrictions, making it a highly convenient choice for local residents. The business has a strong reputation, with word of mouth bringing in new clients and many customers returning on a weekly or 3-4 weekly basis for their haircare needs.

The sale includes all equipment but excludes stock, offering a fantastic opportunity for a new owner to further grow the business. There is potential for expansion through additional services, enhanced marketing, or increased staffing.

The current owner is retiring after many successful years of operation, and this presents a rare opportunity to acquire a profitable, well-established business with a loyal clientele and significant growth potential.

The salon operates from a well-maintained premises within a small parade of shops, comprising four distinct areas, six to eight workstations, a kitchen, and a dedicated room for washing machines and dryers. A separate room provides potential for expansion into beauty therapy or sunbeds.

Offering a full range of hairdressing services for men, women, and children, the salon primarily uses Wella products. The business is supported by two part-time staff members, alongside the owner, who takes a hands-on approach to management.

With affordable rent and a long-term lease, the business offers strong financial appeal. Its loyal client base, built largely through word-of-mouth recommendations, spans a wide age range. The salon operates Monday to Saturday, with flexible opening hours, providing an excellent opportunity for further growth and development.

The business has several growth opportunities. These include enhancing marketing efforts, such as developing a website to improve online visibility, as it currently relies primarily on word-of-mouth.

There is potential to expand services, including beauty therapy or sunbeds, to cater to a broader demographic.

The salon could also consider hiring additional staff to accommodate increased demand and expand its reach.

Geographically, it could attract more clients from surrounding areas with targeted advertising and promotions.

Features

Online Presence

Website: www.illusions2.co.uk

Location

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  • Residential Location
  • Nearby Car Parking
  • Good Transport Links
  • Limited Competition

Property

Annual Rent
£7,500
Annual Rates
TBC
Lease Term (Years)
13
Lease Expiry (Year)
2038
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
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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