Trendy Hair Salon in Colchester

Colchester, Essex
REF: S07214

Asking Price:
£140,000
Annual Turnover:
£141,000
Annual Net Profit:
£43,000
REF: S07214

Overview

Tenure:
Leasehold
Established:
2009
  • Great location
  • Loyal clients
  • Receives excellent reviews
  • Award winning
  • Well-established

The business for sale is a well-known and very trendy hair dressing salon for men and women in the busy town of Colchester.

 

Since establishment in 2009, this business has gone from strength to strength and has developed excellent relationships with loyal clients. This business has also acquired loyal staff and a specialist stylist which adds to the popularity of this salon.

 

The current owner is now looking for a new owner to take on and ensure the continued success of the business.

The premises of this business is located on the main thorough fare to the main car park in the town. It has a stylish glass front which is easy to spot. As customers enter they will find the reception in a corridor, behind which, and through an arch, is the main salon. There are four stations and three basins further down the corridor. To the right at the back is a kitchen for preparing refreshments. Up the stairs is a large storage cupboard and a toilet. Up a second set of stairs there is a second salon area with four stations that can fit five or six clients. There is room to expand with a beauty or make up room. On the top floor there is a shower and another room which is currently used as a staff room.

There is a variety of equipment which is included in the sale of this business. This includes; display units, chairs, dryers, mirrors, island units, a reception desk, two touch screen computers, printed and branded products, a safe, four Wi-Fi boost speakers and an iPhone.

This is an unmissable opportunity to acquire a well-known and very successful unisex hair salon with an excellent reputation that receives great reviews. The new owner would be excited by the huge scope for growth that this salon provides. This business has excellent potential for growth and could be developed further through the use of social media and digital marketing. This business could also be expanded by developing various beauty rooms within the premises and by employing more staff.

 

This business would be best suited to an experienced and passionate business person who has a knowledge of the beauty industry and who is excited to take on a successful business in a busy, customer facing role. The current owner is willing to stay on for a transition period to ensure the smooth handover of the business.

The business is offered on a leasehold basis. Rent payable is £22,500 P/A with 5 years remaining on the current lease.

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  • Located in the busy town of Colchester
  • High footfall
  • Easily accessible
  • Various nearby businesses which complement the salon
  • Awar winning and record holding salon
Rent
£22,500
Rates
TBC
Lease Term
10
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
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
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