Established Hair Salon In Southampton | | Southampton Hampshire | | Hair Salon, Southampton, Hampshire T/O: £26,000 GP: 80% Scope to develop further Loyal customer base Well-equipped Prime location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 63568
ADVERT IMPRESSIONS : 12,694 TIME(S) | | | | BUSINESS SECTOR: | Care / Health / Beauty | | TRADE TYPE: | Hairdressers Salons | | SALE: | Agent Sale | LEASEHOLD: | £17,995 | ANNUAL RENT: | £3750 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Sheila's Hair Ltd occupies ground floor premises and is ideally located on the busy main road, the A3057, which leads directly into Southampton city centre. The business is positioned mid-parade and is surrounded by a densely populated residential area, from which it draws much trade. There are a variety of shops, businesses and amenities in the vicinity and the city centre lies approximately a mile away. The salon benefits from ample parking, nearby bus stops and the railway station is within easy reach. Southampton is the largest city in the county of Hampshire and is well-known for its history and culture and is home to the University of Southampton. The business boasts easy access to the A-road network and the M27 motorway is within easy reach.
Business History
Preferred Commercial is pleased to offer for sale this popular hair salon, which was established by our client in 1968 and which is now being placed on the market due to our client's wish to retire. The salon trades 5-days per week and generates a turnover in the region of £26,000 per annum with a gross profit of 80%. Our client offers ladies hair salon services including styling, cuts, perms and colours. The business occupies spacious ground floor premises and is well-equipped to suit the trade and maintained to a high standard throughout. There are 4-cutting stations, 3-hair wash sinks and 2 x 3-seater dryers. Our client has developed an excellent reputation and a loyal customer base, which ensures much repeat trade. We feel that there is immense scope to develop the business further and that turnover could be increased by extending the opening hours and offering evening appointments should the new owner desire. This is an ideal opportunity to acquire a hair salon, which is in a thriving area and in a walk-in-and-trade condition, with scope to develop further. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £26,000 approx.
GP: 80%
Opening Hours
Mon: 8.30am - 3.00pm
Tues: Closed
Wed - Sat: 8.30am - 3.00pm
Sun: Closed
Accommodation Details
Ground floor lock-up salon premises with ample parking, situated in a prime location. Briefly comprising:
Ground Floor
• Main salon area with vinyl flooring, 5 x wall mounted mirrors, 2 x 3-seater dryers, 2 x back wash sinks, 1 x front wash sink and 4 x styling stations
• Reception area with desk
• Tea and coffee making facilities
• WC
External
• Ample on-street parking
Tenure
Leasehold:
Original length: 12 years
Remaining: 3 years
Rent review: every 3 years
Rent: £3,750 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2465 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
