Leasehold And Very Profitable Town Centre Hairdressers In Hampshire Price Reduced | | Fleet Hampshire | | Phoenix Business Transfer Agents are delighted to place onto the market this very profitable town centre hairdressers which has been established since 2010. The business has been in the hands of the current owner since 2010 and he now wishes to sell due t | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72395
ADVERT IMPRESSIONS : 8,101 TIME(S) | | | | BUSINESS SECTOR: | Care / Health / Beauty | | TRADE TYPE: | Hairdressers Salons | | SALE: | Agent Sale | ASKING PRICE: | £58,000 | LEASEHOLD: | £58,000 | ANNUAL RENT: | £23000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | - Situated in the town centre area of Fleet in Hampshire.
- Prominent location on main arterial road.
- Part of a parade of shops.
- Excellent parking facilities nearby.
- Industrial estates nearby.
- Surrounded by a densely populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Well linked with the A3013, A323 and M3.
- Aldershot, Farnborough and Camberley all lie close by.
- Area enjoying much growth and regeneration.
- A lifestyle area.
- Excellent local demographics for this type of area.
- Affluent area.
Business Details
The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favourable lease terms (see below).
- Turnover in excess of £120,000 pa with a net profit of £31,000 (see financial summary below).
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business.
- Low rent and rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation
- The concern provides ladies hairdressing including powerdose and nanomax treatments, colouring and highlights, chemical straightening, wedding hair and colour corrections. Gents hairdressing is also available.
History
Phoenix Business Transfer Agents are delighted to place onto the market this very profitable town centre hairdressers which has been established since 2010. The business has been in the hands of the current owner since 2010 and he now wishes to sell due to other business interests.
Services
This very good business opportunity provides ladies hairdressing including powerdose and nanomax treatments, colouring and highlights, chemical straightening, wedding hair and colour corrections. Gents hairdressing is also available.
Staffing
The concern employs 1 part time and 3 full time staff.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
No marketing or promoting of the business has recently been undertaken as the business is well known and has a very good website.
Competition
As far as competition is concerned there are 4 other similar businesses in the area.
There is no local competition.
Market
The client base consists mainly of female customers although it does also cater for gentlemen.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the services to include beauty treatments. There is sufficient space to patrician off a beauty treatment room and rent to increase income.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.
Property Details
The property is terraced, part of a parade of shops and is approximately 1,775 sq ft. The front is branded with an attractive glass front. The main customer service area is tiled. It is very well presented and is very conveniently laid out.
To the rear is a store room. There is a toilet and staff facilities.
Equipment with Sale
All fixtures, fittings and equipment are included in the sale price and are valued at £30,000.
Financial Details
The present annual turnover is £130,000 with a net profit of £31,000. The present value of the stock is £3,000.
The potential turnover of the business within the next 2 years is forecast to reach £175,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Trading Hours
Monday – Thursday & Saturday 9am – 6pm
Friday 9am – 7pm
Sunday Closed
Tenure
The original length of the lease was 7 years with 5 years remaining. The rent is £23,000 pa with a review in 2013.
The lease may be renewable or negotiable for longer term if required. The rates are £7,450.
Viewings
The owners are available for viewings at any time by prior arrangement.
Price: £58,000
Ref: 2465 | | | | | | 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 | | | | | | | | | | | |
