Unisex Hair Salon & Training School Warwickshire | | Undisclosed Warwickshire | | WEST MIDLANDS NVQ TRAINING SCHOOL & UNISEX HAIRDRESSERS A/T: £566,300 GP: £228,900 NP:£170,000 est 40 years Top few training schools in the country, Exceptional premises/dιcor Owners willing to conduct hand over period LH: £350,000 + SAV, ref 9160cv | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 29311
ADVERT IMPRESSIONS : 31,380 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Hairdressers Salons | | SALE: | Agent Sale | LEASEHOLD: | £350,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The salon has an ideal high visibility location on a very busy main through road of a principally residential area of a major town in the West Midlands.
The town can be accessed by the M6, M69 or the M40 motorways. The towns Coventry, Rugby, Warwick, Leamington Spa and Bedworth are all nearby.
THE BUSINESS
Advent Business Sales are delighted to have been instructed to offer to the market this exceptionally well established top of the market unisex hairdressing business.
Founded over 40 years ago by the 2 vendors, the business is only now being reluctantly offered for sale as they are looking to retire.
The salon is without doubt one of the top few in the whole country with many long serving loyal staff, which is testimony to the exceptionally high standards of quality service it offers.
The salon offers a full range of hair treatments, as well as having a NVQ training school on the first floor.
The business has an exceptional reputation with many clients travelling from neighbouring counties. They have a very regular repeat customer base, which would make it an ideal acquisition for a master hairdresser, who has a lot of flair and a high degree of passion.
The dιcor, fixtures and fittings as well as the general ambience of the salon are all quite exceptional and it would be hard to see where they could be improved.
The salon employs 2 part time staff who each work approx 20 hours per week and 17 full time staff including the 2 vendors, between them they achieved annual net sales of circ £566,000 and reconstituted net profits of approx £170,000.
Our clients are quite prepared to assist a new purchaser during a hand over period to effect the necessary introductions to both staff and customers.
We are advised that stock at cost is approx £7,500.
REF: 9160CV
TRADING HOURS:
Mon-Thurs: 9am 5.30pm
Fri: 8.30am 7pm
Sat: 8am 4.30pm
EXPANSION POTENTIAL:
This is quite clearly the most exceptional of businesses in its field. It does however, still offer potential to increase sales and profits further by:
1. Opening longer hours, particularly on a Saturday
2. Encouraging more trainees to go for the full NVQ qualifications in their training school
FINANCIAL INFORMATION:
We have been advised by the vendor of the following:
Annual sales: £566,336
Gross Profit: £228,930
Reconstituted Net Profit: £170,000
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES:
Premises 1
The salon operates within 2 very large converted Victorian terraced houses, which were totally refurbished only 3 years ago to quite exceptional standards and briefly comprising:
Double fronted bay windows, centre entry door into the main reception area, tiled flooring, side sales displays with GHD, Redken, Schwarzkopf, Wella and Paul Mitchell all on offer.
3 seater comfortable waiting sofa, reception desk, 12 work stations, 3
back wash, 4 climazone dryers, plasma tv
Storeroom with heating boiler, disabled w/c
Rear fire exit (shuttered)
Staff room with fire exit (shuttered) staff lockers, coffee machine, valliant water softner, washing machine & tumble dryer
Slabbed rear yard
Salon Area 2:
7 work stations, 3 seater comfortable waiting sofa, plasma tv, 4 climazone dryers, sliding glass door to:
Salon Area 3:
3 work stations, 3 back wash, 2 climazone dryers, stainless steel sink with hair colour storage above.
All 3 salons have excellent Amtica flooring and sunken sport lights
Side Stairs by Reception to first floor training salon:
10 place class room with side mirrors, computer and fire exit (shuttered), w/c, 3 stock rooms, school office, large 3 desk owners office, through to:
Salon Room 1:
6 work stations, 2 climazone dryers, plasma tv through to:
Salon Room 2:
3 work stations, 2 back wash, 1 climazone dryer, reception desk, gondola product display, staff w/c and shower. Kitchen with lockers, tumble dryer heating boiler, fridge and microwave
Fire exit
Premises 2
All the first floor windows are double glazed and ALT as additional fire escape points. They also have white powder coated bars.
The premises are also alarmed and have a 12 camera CCTV system with permanent recording including infra red cameras at the front and rear of the building.
Both premises has its own separate central heating, water, gas and electricity supply.
The whole building, both inside and out is tastefully decorated and with an excellent ambience, it needs to be viewed to fully appreciate what is on offer.
TENURE: Leasehold
Original lease: 12 years
Remaining lease: 12 years
Review every: 3 years
Rent: £30,000 P.A.
We are advised that the annual business rates are currently: £5,000
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 9160CV / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
