Reputable Hair Salon in the West Midlands

Birmingham, West Midlands
REF: S06241

Asking Price:
£230,000
Annual Turnover:
£270,400
Annual Net Profit:
£60,000
REF: S06241

Overview

Tenure:
Leasehold
Established:
1991
  • Excellent Reputation
  • Team of Experienced Staff
  • Very Well-equipped Premises
  • Loyal Base of Customers
  • Professional Online Presence

A fantastic opportunity to immediately acquire a reputable hair salon situated in the West Midlands now presents itself to the right buyer.

Operating successfully since 1991, the business has built up a loyal customer base and a great reputation locally, attracting clients through its wide offering of hair services and strong expertise in the field. The expert hair treatments available include hair tinting and stripping, colour corrections, hair perming and conditioning, as well as cutting and styling. Each customer is made to feel relaxed and confident by the team of well-trained, dedicated staff.

With its expertise, great customer service and fully-fitted premises, the salon is perfectly primed for immediate takeover by a new, passionate owner.

The business is also available on a leasehold basis for £230,000 and a weekly rent of £450.

Trading from a double-fronted terraced property, the premises are extremely well-equipped to provide a comfortable salon experience. Its spacious salon floor extends beyond the initial customer counter and waiting area to encompass an impressive 18 hair stations, each with its own full length mirror and chair. A utility room with kitchen facilities can be found to the rear. The first floor conveniently houses an additional waiting area and two beauty rooms, utilised for nail services and other treatments. The second floor holds two more beauty rooms, with one specifically dedicated to tanning.

Its online presence consists of a professional website which showcases the business’s contact details, services and clients’ hair styles. Its Facebook page also displays glowing reviews from its loyal clientele, praising the business’s staff and their delight with their new do.

A transitional period is available to ensure a smooth business handover.

This is an outstanding opportunity to take on a well-established hair salon in central Birmingham which possesses a solid client base and a widely-held reputation. It would be ideal for a current salon owner looking to grow their portfolio or a trained hair stylist / beautician wishing to acquire their own profitable business.

Implementing a succinct online marketing campaign would be advantageous in growing the business’s customer base and overall exposure.

In order to grow profits, the new owner could Potentially rent hair stations or beds to individual hair dressers or beauticians to keep overheads low whilst also attracting further customers. Further emphasis on product sales as well as nail and beauty treatments would also get the most out of the business’s loyal customer base and help to increase profit margins.

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  • City centre proximity
  • Residential area
  • Other local businesses nearby
  • High footfall
  • Great transport links
  • No local competition
Rent
£18,000
Rates
£6,881
Lease Term
TBC
Lease Expiry
TBC
Square Footage
TBC
Accommodation Included
No
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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