Exceptionally Well Presented And Profitable Ladies Hair Salon In Bishops Stortford | | Bishops Stortford Hertfordshire | | Started eight years ago by the owners, ‘Patrick Robert’ has grown into the premier ladies hair salon in the area with a loyal customer base providing strong repeat business | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 15064
ADVERT IMPRESSIONS : 14,647 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Hairdressers Salons | | SALE: | Agent Sale | LEASEHOLD: | £95000 | ANNUAL RENT: | £24000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | The Business
Started eight years ago by the owners, ‘Patrick Robert’ has grown into the premier ladies hair salon in the area with a loyal customer base providing strong repeat business. Offering an unrivalled range of styling, cutting, colouring, and hair treatment services, as well as related sales products including Redken and KMS brands. This high-end salon provides an impressive eleven styling positions sympathetically arranged over two floors with further scope to introduce beauty related treatments if desired. The business currently caters for approximately 85 clients a week with an average bill of around £60.
Location
Situated in the attractive and highly desirable market town of Bishops Stortford (population 35,000) in east Hertfordshire. Just west of the M11 (Junction 8) it is particularly well serviced by all forms of transport including National Express East Anglia on the Liverpool Street to Cambridge main line (40 minutes from London), extensive bus links and of course Stansted Airport.
The town centre caters for most of the top high street names and has recently been ehanced by the re-construction of Jackson Square (a modern shopping complex) with many new cafes, bars, shops, and apartments. Also several large developments of houses and flats are under construction in the town and further expansion and development of the town is planned due to the expected enlargement of Stansted Airport.
Bishop's Stortford is a particularly affluent area and this is partly due to the town's status as a commuter town for London. The town is also home to many people working in the tourist related industry, including hotels, catering and airline staff. In total, about 85% work in the services sector (2001 census).
The town is very much a focal point for the surrounding smaller towns and villages and is a very desirable residential area.
Potential
The owners run the salon to a standard that leaves little room for improvement. However that does not mean that there is no scope for expansion/diversification. Not least in the following areas:
The top floor is currently unused yet there are several lucrative options for this including sub-letting as a self-contained office, sub-letting as a self contained flat (maybe to a member of staff?), setting up a men’s hairdressers to compliment the present business or even a tanning salon or nail bar.
Other complimentary services, particularly beauty treatments have yet to be explored.
The current owners both work part time due to family commitments however new owners may wish to work full time, which would reduce staffing costs. Also trading hours could be increased to include some late evenings and possibly opening on Mondays, which the current owners do not do.
The business has prospered perfectly well through word of mouth and repeat custom however active marketing should be considered to increase turnover further. This would be especially useful if it coincided with the introduction of new aspects to the business such as those mentioned above.
There is no company website and this should be considered for market awareness, booking and maybe even the sale of hair and beauty products.
Whilst inexpensive to instigate, the ideas above could make an already profitable business into an
even more attractive proposition.
Reason For Sale
The owners have decided that after eight years spent building the successful and profitable brand that ‘Patrick Robert’ is today, they now want to spend more time with their families.
The current owners are more than happy to provide an adequate handover period to provide an opportunity for the new owners to become acquainted with the business, the staff, and the clientele, and continue the enviable reputation in the industry that this business has built over the years.
Comments
This business would be an ideal add on for a successful salon or salon chain that wishes to expand through acquisition with the minimum or work involved. It would also provide an excellent opportunity for an individual with salon experience who wishes to strike out on their own without the normal start up risks and the wonderful reputation and immense goodwill that goes with the business already in place. Either way this is a unique opportunity to purchase a popular and thriving business and early discussions are highly recommended. | | | | | | FOR SALE | | | | | REFERENCE: | HAB 129 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
