Thriving Well Established Unisex Hair Salon in City Centre

Cambridge, Cambridge
REF: S06406

Asking Price:
£299,999
Annual Turnover:
£214,795
Annual Net Profit:
£81,200
REF: S06406

Overview

Tenure:
Leasehold
Established:
1976
  • Longstanding within community
  • Bespoke service
  • Competitive price list
  • Excellent financials
  • Prime, town centre location

The business for sale is a well-established, unisex hair salon based in Cambridgeshire. Since 1976, the salon has been recognised as one of the leading salons within its county.

Through hard-work, talent and impeccable training it has maintained itself as one of the premier salons in Cambridgeshire. The hair studio is renowned for its personalised service for each individual client. Making their experience tailored and distinct; another reason for their elevated recognition within the industry.

The business is now for sale on a leasehold basis.

For over 40 years the salon has provided bespoke cutting and colouring services with the primary aim to tailor individual styles to every client.

Access to the salon’s lower ground floor is gained through the rear entrance, through to the right-hand side is the office which is utilised for any administration duties. To the left, there are 2 toilets and further along is a drying room and staff room.

On the ground floor is the main salon area. To the left is the reception, and to the right is the seating/waiting area. The salon is open plan, accommodating 12 work stations, 5 wash basins and a colouring area at the rear. The salon is fully equipped with contemporary equipment and furnishings.

This is a highly profitable opportunity that will particularly appeal to someone within the hair and beauty industry who possesses a passion for hairdressing.

The business does limited advertising and has achieved much of its success through its reputation for excellence. Through increased advertising via social media, online platforms as well as locally through advertising, the business could boost exposure to its services and effectively attract more customers.

If wanted, a potential buyer could increase the number of services offered. In particular, venturing into beauty services could attract a larger consumer base.

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  • Located in the busy university town of Cambridge
  • Positioned just off the market square
  • Ample amount of parking surrounding the business
  • High level of footfall
Rent
£50,945
Rates
£0
Lease Term
6
Lease Expiry
2023
Square Footage
1410
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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