Unisex Hair Salon For Sale Wigan | | Wigan Lancashire | | • Fantastic levels of turnover and profitability • Turnover in the region of £150,000 P/A with huge scope to increase • Busy shopping area with high footfall and passing traffic • Room for expansion to the bottom of the premises | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 65729
ADVERT IMPRESSIONS : 11,548 TIME(S) | | | | BUSINESS SECTOR: | Care / Health / Beauty | | TRADE TYPE: | Hairdressers Salons | | SALE: | Agent Sale | LEASEHOLD: | £74,995 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | KEY FEATURES:
• Fantastic levels of turnover and profitability
• Turnover in the region of £150,000 P/A with huge scope to increase
• Busy shopping area with high footfall and passing traffic
• Room for expansion to the bottom of the premises
• Located off a busy road in the centre of Wigan
• Finished to a superb modern standard throughout
THE BUSINESS:
Local Commercial Ltd is proud to offer for sale this fantastic hair salon based in the busy town centre of the densely populated area of Wigan, Lancashire. With its much sought after high street location, enjoying the advantages of vast amounts of passing trade and a high footfall, the business location generates a high amount of the impressive levels of turnover and profitability the proprietor currently receives.
The business has been established since 2009, and has been in the hands of the current proprietor for the time it has been trading. The current owner has received a consistent and repeat client base due to the competitive prices it currently offers, as well as it being in such close proximity to the nearby shopping centre. Celly’s is currently part of a franchise, which include the benefits of this buying stock from the company itself with a 30% discount. We are informed that it is the business that is part of a franchise, not the property; therefore it can be relocated if desired. The current cost of remaining as part of a franchise currently stands at £200+vat per month, however if the buyer wishes to not be part of a franchise this is possible, and the franchise side of the business can be ignored and the salon can run through the means of a sole independent trader.
The salon has also incorporated a sun bed facility, which has proved to be popular within the local community. The salon works on a walk in system as oppose to pre booked appointments, and due to the vast amounts of footfall this again has shown to be a successful method. The salon at present consists of 6 chairs and 2 backwashes on the ground floor level, however we are advised there is a great deal of room for expansion in regards to the lower floor premises, that are at present predominantly not being used. The business offers the opportunity to increase on the already impressive levels of turnover it produces; this can be done by expanding the downstairs facilities to incorporate more chairs for the salon, or possibly add a beauty side to the business, or more sun beds could be added due to already being a popular and profitable extra. Savings on staffing could also improve on overall profits, as there are currently 4 full time staff members as well as the owner, and additionally junior staff. The business would no doubt benefit from a marketing package in order to further advertise the business and exploit the year round passing trade. The current proprietor is wishing to relocate and is therefore selling for that reason.
SITUATION:
Situated in the busy town centre of Wigan, Lancashire, Celly’s benefits from its fantastic and much sought after location. With its close proximity to the nearby busy shopping centre, as well as being close to the bus station and market, there is a high footfall of passing trade which is beneficial due to the nature of this ‘walk in’ business. With accessibility to both major roads and motorway links the location of the business is much desired.
TRADING HOURS:
Monday – Saturday: 9:00am – 7:00pm
Sunday: CLOSED
FINANCIAL INFORMATION:
Current turnover is in the region of £150,000 per annum. Gross profits stand at approximately 70%.
RENT:
Rent currently stands at £17,000 per annum.
LEASE:
Secure renewable 5 year original lease with 2 and a half years remaining.
BUSINESS RATES:
Currently stand at approximately £7500 P/A.
TENTURE:
Leasehold.
PROPERTY DESCRIPTION:
The bright and spacious salon is finished to an exceptional standard throughout, with modern fixture and fittings throughout. The whole of the shop front is glassed finished, making it exceptionally light and deceptively spacious. It has a comfortable seating area where clients can wait, next to a reception desk and appointment area; this is finished to the highest quality with modern features. The salon has 6 chairs, and 2 backwashes. It also has 1 sun bed. We believe all fixture and fittings to be owned by the proprietor except the sun bed, which if desired can be bought.
The main salon area has open planned stairs that lead down to the cellar area that has been converted. At present this consists of a staffroom, a kitchen area, as well as the usual WC/washroom facilities that would be associated with a business of this nature. Both floors are inclusive, and the cellar floor has a great deal of room for improvement and expansion due to not being currently used for the hairdressing at all. There is also a large storeroom area which is believed to be of substantial size and could possibly be let out to a business not in competition but of similar nature, for example a beautician or nail technician.
We strongly recommend viewing the business at the earliest possible convenience to see the full potential it has to offer.
Viewing and Confidentiality
All arrangements to view are strictly by an appointment through the Offices of Local commercial. And no approaches what so ever should be made to the owner or the business.
For an appointment to view please telephone 01254 776022.
Quote Ref 1139 | | | | | | FOR SALE | | | | | REFERENCE: | 1139 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
