Well Established Hair Salon For Sale

Newcastle under Lyme, Staffordshire

Status

FOR SALE

Date Submitted:

13/07/21

Advert ID

279616

Reference

B06286 / Rightbiz
Leasehold: £29,995
Annual Turnover: £29,182
Business
Please quote reference B06286

Hilton Smythe is delighted to present to the market a small but fully equipped hair and beauty salon opportunity with over 8 years trading history in this very desirable location.

Eshanyas Hair is now being offered for sale due to the main stylist now looking to relocate however our client has advised she will continue to work on a part time basis to help with the smooth transition to any new owner.

The salon currently only employs one stylist however there are two styling positions available which would allow this to increase as a fully equipped beauty room which is not currently being used.

We are advised the current stylist offers a full range of hairdressing services, including -

  • Hair cutting, restyles, blow dry’s and colouring
  • Ladies & gents cutting
  • Hair up, party and wedding hair
There is currently no business website or Facebook pages attached to the business and we strongly advise any new owner to look at further promoting the businesses’ location through both local advertising and social media platforms.

Many local salons use their website to work in conjunction with their booking system, allowing clients to book on-line or re-arrange if need be by text.

The rear beauty room could either be rented out to a self-employed therapist, used by an employed therapist or used as an additional space for hairdressing if any new owner wanted to extend.

We are advised a new lease will be offered.

Key selling points -

  • Desirable location
  • Low running costs
  • Potential to expand
  • Free car park
  • Busy link road
  • Proof of turnover provided
  • Ideal first business opportunity
  • Nil business rates
  • Fully equipped salon space
  • Option to increase opening hours
  • Handover period offered
Assets included are as followed:

Main Salon -

  • Reception desk
  • Wash basin & seat
  • Salon chairs x 2
  • Salon mirrors x 2
  • Small sofa
  • Small table
  • Storage cupboard
  • Trolley
Equipment -

  • Hooded dryer
  • Hair dryer processor / accelerator
Beauty room -

  • Massage table
  • Range of kitchen units
  • Small sink
  • Facial steamer


Location
Eshanyas Hair Salon occupies a desirable salon unit within the Station Stores building in Baldwins Gate, Newcastle.

The salon is surrounded by a choice of complementary businesses which included the community store itself, the Street Anchor bar & restaurant, local surgery, butchers, village hall, church & garage.

Baldwins gate has become a much sought-after area due to its semi-rural location and close connection to both the A53 and M6 north/south motorway.

Newcastle Road (A53) acts as the main link road from Shrewsbury/Market Drayton in the south, up to the centre of Newcastle in the north.

The business benefits from a free client car park to the rear of the property.



Premises
Ground Floor -

  • Main salon - includes 2 hair styling stations, client waiting area, single backwash unit
  • Beauty room
  • Shared kitchen/toilet facilities


Tenure
We are advised the business is being sold on a Leasehold basis with 10 years remaining on the Lease, the rent is £600 per month.



Hours
The business trading hours are as followed:

Monday - Closed

Tuesday & Wednesday - 09:00am - 17:00pm

Thursday - 09:00am - 19:00pm

Friday & Saturday - 09:00am - 17:00pm

Sunday - Closed



Staff
The business is currently run by 1 part time member of staff.



Financial Profile
We are advised the business generated a turnover of circa £30,000 as of 2019.

Please quote reference B06285



Contact Agent
Advert Reference:
B06286 / Rightbiz
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