Reputable Hair Salon in West Yorkshire

Huddersfield, West Yorkshire
REF: 02589

Asking Price:
£19,950
Annual Turnover:
£35,000
Annual Net Profit:
£15,000
Recently Sold
REF: 02589
Photo of Reputable Hair Salon in West Yorkshire
Photo of Reputable Hair Salon in West Yorkshire
Photo of Reputable Hair Salon in West Yorkshire
Photo of Reputable Hair Salon in West Yorkshire

Overview

Tenure:
Leasehold
Established:
TBC
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge growth potential

Having acquired a fantastic reputation for continually providing a high quality range of hair care services, this business is a fantastic opportunity for a new buyer. Popular amongst the local inhabitants, it has amassed a large base of customers and by maintaining low overheads, has generated a high annual turnover and experienced consistent year on year growth. With strong foundations set, this is a lucrative opportunity and is available to purchase on a leasehold agreement.

This high quality hair salon offers a range of hair care services for women and has acquired a fantastic reputation for its continual professional and friendly customer service and received superb local reviews from its local residents.

The business sits in an well presented single storey building which features a large branded shop front which attracts passer-by and displays the business’ name. The interior is comprised of a large open plan salon area which features two wash basins on the left hand side and four hair cutting station on the right. There is a staff area towards the back of the floor which also features a separate washing area. A back room provides storage space and includes a small kitchenette.

Offering a variety of hair care services at competitive prices, this business has cemented a solid reputation as an expert hair salon in the local area and has generated an annual turnover in excess of £35,000.

Intelligent Business Transfer are delighted to offer for sale this well-known business which trades in a popular region in West Yorkshire and has amassed a loyal customer base since it began trading.

This is a brilliant business model bursting with potential. Having grown considerably each year, this business is conveniently positioned on a main road which provides on street parking, sits on a busy bus route and generates heavy pedestrian footfall. Offering a range of hair care services which include cutting, styling and colouring, this business boasts a stylish, well fitted premises and has established strong foundations catering for its local area. A new buyer could step in with little effort and continue running operations easily and with little assistance.

A new owner looking to develop and grow the business further is presented with many growth possibilities. Increasing opening hours and operating for more days would enable the business to cater for more customers on a weekly basis and would allow the business to handle a larger workload. Hiring experienced staff would also allow the business to offer more hair care services and potentially introduce a variety of beauty treatments.

Offering customer loyalty schemes and discounts would guarantee repeat patronage and operating an e-commerce website would allow the business to sell its hair care products online which would boost trade. Implementing an online booking system, the business could allow customers to check availability of and make appointments efficiently. Embracing social media would also be beneficial for advertising.

The current vendor is looking to retire and has instructed Intelligent Business Transfer to find a suitable buyer. The vendor is willing to stay on for 2 weeks to aid the transition.

Location

Property

Annual Rent
£5,000
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

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

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