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BUSINESS REFERENCE : 1583 / RightBiz CONTEMPORARY HAIR & BEAUTY SALON | | | | | | CONTEMPORARY HAIR & BEAUTY SALON - WIRRAL Turnover £133,380 per annum with 79% gross profit Superbly appointed and presented throughout | | | BUSINESS LOCATION: | Undisclosed Merseyside UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Beauty Salons | | SELLER: | Agent Sale | LEASEHOLD: | £69995 | | | | | | | | | | | BUSINESS DETAILS: | CONTEMPORARY HAIR & BEAUTY SALON - WIRRAL
Turnover £133,380 per annum with 79% gross profit
Superbly appointed and presented throughout
Prominent main road location in desirable area
Long established and well renowned business
Repeat custom built upon fantastic reputation
Double fronted, ground floor premises
Early viewing highly recommended
Highly trained and qualified staff
Fully equipped
LEASEHOLD
Location
The business enjoys a prominent double fronted, mid terrace position amongst other complementary businesses on the main through road of Upton on the Wirral. Upton is located on the Wirral Peninsula near to the town of Birkenhead and is a popular residential area which is balanced by numerous small businesses, schools, public houses and other local amenities. The Wirral is very accessible with the M53 motorway running through from near to the city of Chester right through the peninsular. At the North Eastern end, the Wirral is joined to Liverpool by three tunnels under the River Mersey. Two road tunnels, the Mersey Tunnels, one from Wallasey (Kingsway) and one from Birkenhead (Queensway) the third is the Mersey Railway tunnel.
Business History
Meridian Business Sales are delighted to offer to the market this highly profitable hair and beauty salon which was established by our client some 8 years ago. The only reason this superb concern is being offered to the market is to allow our client the opportunity to explore other business interests outside of the area. The premises are immaculately presented and have a distinctly contemporary feel which demonstrates our clients' hard work since she established the business. The business currently achieves a respectable annual turnover in the region of £133,380 which is testament to its superb reputation within the area. Our client has built the business on reputation only and does not carry out any form of advertising which she freely admits would increase trade. The business operates with the current owner (as a stylist) along with 2 further stylists and 2 juniors. There is also a part time beautician who rents a room at £65.00 per week who provides a whole range of beauty therapy treatments, leaving massive scope to further increase this side of the business if the new owners wished to provide these services themselves. There are 8 fully equipped work stations which could accommodation further stylists and so increase the already healthy turnover. The turnover is derived from the hair salon which provides full compliment of hair services from basic cut and blows to full head extensions which return massive profit margins and also healthy levels of product sales. This is a superb opportunity to acquire a truly magnificent salon and as such early viewing is highly recommended.
Financial Profile
Turnover: £133,380pa
Gross profit: 79%
Stock: £2,500 (approximately)
Tenure
Leasehold
Original length: 12 years
Review: 3 years
Rent: £15,000pa
Opening Hours
Monday - 9.00am - 5.00pm
Tuesday - 9.00am - 5.00pm
Wednesday - 9.00am - 5.00pm
Thursday - 9.00am - 7.00pm
Friday - 9.00am - 7.00pm
Saturday - 9.00am - 5.00pm
Sunday - Closed
Accommodation
Prominent mid parade, double fronted premises briefly comprising:
Specialist non slip wood effect flooring throughout, security alarm, 2 large product display windows, reception area and counter, cloak room, till, telephone, PDQ machine, seating area with 3 leather seats, purpose built product display shelving, products include, Catwalk, Tigi, S-Factor.
8 beautifully appointed work stations with state of the art equipment and mirrors, 3 back washes, 2 dryers, beauty work station with cupboards and storage, further product display stands, base units and sink with coffee maker, rear purpose built beauty and massage room with therapy table
Kitchen/staff room with base units, sink and drainer, colour store, dryer, microwave, fridge freezer, WC with hand basin, office, boiler room with stock storage
EXTERNAL
Secure rear yard
On road parking to the front
Electronic shutters and awnings | | | | | CONTACT: | MERIDIAN BUSINESS SALES | | TELEPHONE: | 0845 222 0508 | | REFERENCE: | 1583 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
