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Hair and Beayty Salon in Great Barr , Birmingham

Great Barr, West Midlands
Leasehold Price:
£23,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
228655
Reference
GTBARRBEAUTY KS / Rightbiz

Details

City Business Brokers is pleased to bring to the market this recently refurbished Hair, Nail and Beauty business in Great Barr, Birmingham. Established for over 6 years the business is located in a prominent position on a main road, with parking to the front for 3- 4 cars. The location is ideal for passing trade but also enjoys a position next to similar businesses which helps to increase footfall and also has a large housing estate behind which provides a regular client base.

The business has an average turnover with reasonable profits and has developed a strong reputation for friendly service, competitive prices and professional approach with 5* reviews through its Facebook page.

There are 3 work stations, 1 wash station, and 1 nail bar together with 2 treatment rooms offering spray tans, infrared sauna and massage facilities as well as a range of other beauty treatments.

The business comes complete with a range of beauty equipment including a DermaCo Pro IPL machine, which is valued at £7,000 all of which is included in the sale price making this an incredibly good buy.

Currently this business is underutilised due to the owners other commitments and there is opportunity to increase the turnover through additional chair rental, extending opening hours and other media promotions. To fully realise the potential and maximise profits this business definitely needs to be owner run, hence this would suit a qualified Hairdresser or beautician wishing to make their first step in to running their own Salon.

Rental is £10,500 annually, however there is an additional revenue from the subletting of the upstairs apartment to an established tenant which generates £5,580 annually. Currently there is a flexible lease arrangement in place with the landlord, however a new lease is also available.

Seller Details
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Listing Details
Leasehold Price: £23,000
Tenure: Leasehold
Sector: Hairdressers, Beauty Salons, Hair & Beauty
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
Key Features
  • Offers Invited
  • Fully Fitted
  • Price Reduced
  • Potential for Alternative Use
  • Attractive Business
  • Established Business
  • Accounts Available
  • Split Level Trading Area
  • Prime Location
  • Price Further Reduced
Location Statistics
What's nearbyi:
Evergreen electric & energy solutions ltd (approx. 0 mile)
Carols Childcare Services (approx. 0 mile)
Naturally Perfect (approx. 0 mile)
Morjon Drive Junction (approx. 0 mile)
B's Payroll and Bookkeeping (approx. 0 mile)
Morjon Drive Junction (approx. 0 mile)
The Methodist Church Great Barr (approx. 0.1 mile)
H Haywood & Associates (approx. 0.1 mile)
Blossom Baby (approx. 0.1 mile)
Connells Estate Agents in Great Barr (approx. 0.3 mile)
Listing Statistics
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The data showed regarding this advert 'Hair and Beayty Salon in Great Barr , Birmingham - GTBARRBEAUTY KS / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.