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Popular Hair & Beauty Salon Merseyside

Birkenhead, Merseyside
Leasehold Price:
£39,995
Status
FOR SALE
Advert ID
246031
Reference
6881 / Rightbiz
    Main Road Trading Location

    Accounts Available Year End 5th April 2018

    Annual Turnover £84,691

    Gross Profit £37,304

    Accounts Available After Viewing

    Established 2008

    Loyal Repeat Customer Base

    Beautifully Presented

    Fully Equipped

    Fantastic Online Following & Reviews

    Ample Free Parking Available

    Scope To Extend Opening Hours

    EPC - F

Description:
REF 6881 – Leasehold Hair & Beauty Salon
Blacks Business Brokers are pleased to bring to the market this leasehold hair and beauty salon located in the Eastham area of Birkenhead, Merseyside.

INTRODUCTION
Jenny Lee - Hair & Beauty was established by our client in 2008. The salon is very well known and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this busy road through the Wirral. Our client has ensured the salon has an excellent reputation and excellent reviews are noted on Google, Facebook and mylocalsalon.co.uk. Jenny Lee - Hair & Beauty has a comprehensive website and strong social media following. The salon offers a range of treatments including ladies hair design, lash lifts, hair extensions, facials, gel nails, make up, tanning, waxing, mum to be treatments, exfoliating treatments, hot stone massages, full body massages and much more.

LOCATION
Jenny Lee - Hair & Beauty occupies a prominent trading position within a parade of shops and businesses. The area is densely populated commercially and residentially with neighbouring businesses including a café, appliance centre and plant hire shop. Eastham Lodge Golf Club and Eastham Football Club are also close by. The area is well linked by the M5 with strong public transport links and parking is available immediately outside.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to the demands of our client's other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The building is available on a Full Repair & Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a fifteen year lease which began in November 2008 with a rent review at ten years and a break clause at five years - The current rent is £114 per week.

STAFF
The business operates with four members of staff in employment supporting our client working on a full time basis in a managerial role.

FINANCIAL DETAILS
Jenny Lee - Hair & Beauty has traded solidly since opening and our client has established a strong customer base. We are advised that the business currently has annual turnover of £84,691 with gross profit of £37,304. Further financial information is available upon request.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This well known, beautifully presented salon is well established and has gained a strong customer base, online following and enviable reputation. There is plenty of scope to develop the business further with the introduction of additional beauty services, product sales and longer opening hours. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Accomodation:
BUILDING LAYOUT AND DESIGN
Jenny Lee - Hair & Beauty operates from the ground and first floor of a mid terraced retail property within a parade of shops. The business has clear branding and signage on display above a glazed frontage. Inside, the main salon is presented to a very high standard and has six mirrored styling stations, two backwash sinks and a comfortable waiting area. There is also staff room, colouring room and toilet facilities. On the first floor are four private beauty rooms and two nail stations. All areas are finished to a high standard with attractive wooden flooring throughout, neutral décor and modern, high quality fixtures and fittings.



Fixtures & Fittings:
Styling Stations x 6
Makeup Station
Backwash x 2
Beauty Rooms & Equipment x 4
Nail Desks x 2
Waxing Equipment


Opening Hours:
MON: CLOSEDTUE & WED: 10:00 - 18:00THU: 10:00 - 20:00FRI: 10:00 - 19:00SAT: 09:00 - 17:00SUN: CLOSED


Weekly Rent:
£114 Per Week. Weekly Rent:
£114 Per Week.
Listing Details
Leasehold Price: £39,995
Tenure: Leasehold
Location: Birkenhead, Merseyside
Sector: Engraving Businesses, Hairdressers
Financials
Annual Turnover: £84,691
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 6881 / Rightbiz
What's nearby
Within 1 milei:
Riverview hotel (Lodging)
Birkenhead Decorating Centre (Home Goods Store)
Magical Homes (Store)
Wirral Mobility Limited (Point Of Interest)
Poundbakery (Bakery)
smiths coffee pot (Cafe)
Heron Foods (Supermarket)
Rayner (Store)
Grange Pets (Pet Store)
Free School Uniforms (Clothing Store)
Listing Statistics
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