Reputable Hair Salon and Retail Venture in Prime Milton Keynes Location
£48,000
£71,131
£21,250
Overview
Leasehold
2003
- Excellent Reputation
- Very Loyal Customer Base
- Huge Growth Potential
- Low Overheads
- Strong Supplier Relationships
This is a unique opportunity to acquire a well-equipped and reputable hair salon, which is based in Milton Keynes. The business was first established in 2003 and has experienced significant growth since its creation, whilst also gaining an excellent reputation and an incredibly loyal customer base in the local community.
The salon pride themselves on providing excellent customer service from the moment clients walk in the door. Their philosophy is that each visit should be the ultimate salon experience. The premises are incredibly well-equipped and spacious, with 3 washbasins and 6 hair stations.
They prioritise offering a wide range of services from their stylish, luxurious surroundings, including colours, cut and finishes, bridal and prom hair, barbering, children’s cutting and styling, and much more. The friendly, professional team is trained to the highest levels in the industry, which enables them to help clients reach their goals.
The business has a brilliant reputation for operating in an ethical manner, using cruelty-free, vegan, and planet-friendly products. This has helped attract a large, retuning client base, who are mainly ladies, plus a good number of children, and between the ages of 20 and 50. With equipment included, this brilliant business would be the perfect opportunity for an owner-operator in the industry.
Reason for sale: relocation
The spacious and well-equipped premises have an excellent location on a main road near Milton Keynes. The convenient spot also has rear car parking and brilliant public transport links. Due to the high passing footfall, there should be plenty of trade for the new owner. The property is a three-storey building, with the business located on the ground floor. Upon entry through the front door, on the left, there is a reception area. There are 6 hair stations in total throughout the salon, with 3 on the left and 3 on the right. One the left, one station is is a VIP area; birthdays, bridal, celebrations. To the back of the premises, there is a staff room, WC, and rear exit. Salon has popular coffee bar for clients. The building is fully fitted out with AC, a burglar alarm, and smoke alarms.
All equipment will be included in the sale, The salon also currently holds £2500 worth of stock, which will be extra to the business.
This would be the ideal opportunity for an owner-operator, who is looking to acquire their own, successful business.
There is enormous scope for organic growth, which could be aided by employing more staff. There's scope and space to add a nail bar. Coffee bar could be developed further. Currently, the business only operates on an appointment-only basis, therefore, it could be a great idea to further expand into walk-in trade.
Local area is developing with older buildings being converted, and new people moving into the area
Landlord has offered new 10 year lease with 5 year break
The business already has a brilliant, easy-to-use website and popular presence on social media, with 350 followers on Instagram, 200 followers on Facebook, These platforms act as an excellent sales window for the business. It would be beneficial if the new owner continued to utilise and optimise these online channels.
Features
Key Information
- Treatments Offered: Hair - Blow Drys, Hair - Bridal & Event, Hair - Highlights, Hair - Ladies' Cuts, Hair - Perms, Hair - Styling
- Treatment Stations: 6
- Reception Area: Yes
- Product Sales: Yes
Reputation
- Google: 4.9
Online Presence
- Facebook: Yes
- Twitter: Yes
- Instagram: Yes
Location
- High Street Location
- High Footfall
- Nearby Car Parking
- Good Transport Links