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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Reputable Hair & Beauty Salon In Whitefield

Whitefield, Manchester
Leasehold Price:
£24,995
Status
SOLD / WITHDRAWN
Advert ID
220119
Reference
5442 / Rightbiz
    Accounts Available 31st July 2019

    Annual Turnover £74,904

    Gross Profit £68,503

    Low Rent £110 Per Week

    Located Within A Busy Parade of Shops

    Free Parking For Approx 40 Cars

    Highly Sought After Area

    Brilliant Reputation Within Local Community

    Large Repeat Customer Base

    Extremely High Footfall

    Separate Beauty Treatment Rooms

    Additional Area for Nail Bars

    Closed Tuesdays & Sundays

    Scope to Extend Opening Hours

    Potential to Add More Services/Increase Product Sales

    EPC - C

Description:
REF 5442 - Hair and Beauty Salon
Blacks Business Brokers are proud to bring to the market this leasehold hair and beauty salon located in the much sought after area of Whitefield, Greater Manchester.

INTRODUCTION
Guzelim Hair & Beauty has been trading from Victoria Square since 2011 and over that time it has firmly established itself within the local community. There are numerous, excellent online reviews published on Google and Facebook. Our client has secured a large base of repeat customers and this superb location brings trade from passers-by and visitors to the area.

LOCATION
Whitefield is a busy and popular town within the Borough of Bury, close to Manchester and Prestwich, with great links to surrounding commuter routes such as the M60 and M66. The business is situated in retail square in Whitefield, the square provides free parking for around 40 cars.

REASON FOR SALE
The business is only being offered for sale due to our clients other business commitments and interests. This opportunity would suit a first-time buyer looking for an established salon with scope for expansion, or another similar business looking to expand into this area.

LEASE
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 3 years with rent reviews every 3. The current lease began in May of 2015 at a cost of £110 per week.

BUILDING LAYOUT AND DESIGN
This lovely business is housed within a single fronted unit with aluminium framed windows, there is bright, bold, black and white signage with entrance straight to the salon area. The salon is beautifully presented with good quality fixtures and fittings and equipment. The open plan salon area with reception and comfortable waiting area is welcoming and comfortable and there is an additional area for nail bars. In addition to the main salon area, there is a separate beauty treatment room and separate spray tanning room. To the rear of the salon area is a small kitchen galley with toilet.

STAFF
There are three members of staff employed currently, a beautician, a nail technician and a hair stylist.

FINANCIAL DETAILS
Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. Customers tend to come from the local area, with some from surrounding areas and some walk in custom from this very busy area of Whitefield. The business is generating an annual turnover of £74,904 with consistent growth.

SUMMARY
This leasehold business offers an exceptional opportunity for a new owner to enjoy the great reputation and large customer base established by our client. The business is growing and has much scope for further expansion into longer opening hours and days, addition of more salon services and product sales. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations.



Fixtures & Fittings:
2 Work Stations
2 Nail Bars
Reception Desk
Back Wash
2 Arm Chairs
Spray Booth
Water Tank
Beauty Treatment Bed


Opening Hours:
MON: 09:00 - 17:00TUE: CLOSEDWED: 09:00 - 17:00THU: 09:00 - 20:00FRI: 09:00 - 19:00SAT: 09:00 - 17:00SUN: CLOSED


Weekly Rent:
£110 Per Week. Weekly Rent:
£110 Per Week.
Listing Details
Leasehold Price: £24,995
Tenure: Leasehold
Location: Whitefield, Manchester
Sector: Hairdressers, Engraving Businesses
Financials
Annual Turnover: £74,904
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 5442 / Rightbiz

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