Hilton Smythe are pleased to have been given the opportunity to manage the sale of Style-O’s Salon which is a well-established Hairdressing business with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular and profitable local business in an area teeming with customers.
The business was founded approximately 25 years ago by the current owner during which time it has accrued an impressive number of regular customers and a burgeoning reputation. Many of the customers are known on a first name basis by the vendor who is a popular and well respected member of the local community.
This great little business is now being sold, albeit reluctantly and with a heavy heart only due to the owners wish to take a well-earned retirement , she is keen to see her beloved hair salon pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.
Style-O’s Salon offers a wide range of hair treatments and services in a relaxed and friendly environment. The business prides itself on its range of services and treatments and provides friendly advice on everything required to keep their customers hair beautiful and in top condition. Services include;
Ladies haircuts and styling
Cut and blow dry
Wedding, Evening Hair Up and Prom hair
The sale will include the company Facebook page (92 likes) and the business enjoys great visibility on the internet on such sites as yell, www.my opening hours.co.uk, www.secretsales.com, www.yelp.com.
Scope to Improve
Advertising and marketing campaign
Maximise the use of social media particularly Twitter and Instagram
Website to extol the services offered ideally with an online booking facility
Introduce a range of complementary beauty treatments perhaps nails or brows
Extend the opening hours
Reasons to Buy
A well-established business with an enviable reputation and many existing customers
Low running costs with inexpensive rent and no business rates
All fixtures and fittings included making this a real Turnkey business
Prime trading position just off the busy High Street
Ideal owner managed or partnership business.
Hilton Smythe highly advise early enquiry to avoid disappointment.
This lovely little business is likely to attract considerable interest.
Location Style-O’s Salon is located in the Kings Heath area of Birmingham.
Kings Heath is a suburb of south Birmingham, four miles south of the city centre. Historically in Worcestershire, it is the next suburb south from Moseley on the A435 Alcester Road.
Kings Heath is serviced by National Express West Midlands bus routes 11, 27, 35, 50 and 76.
The business is situated just off the central shopping area which runs along High Street and Alcester Road, and the shops include branches of national chain stores, charity shops, supermarkets, electrical retailers and opticians. Even in these post COVID times the shopping area is unusually busy and vibrant.
Style-O’s Salon sits alongside other complimentary retail businesses and thus benefits from high levels of footfall and passing trade. The business is nicely presented and maintained with clear visible signage.
There is free on street parking in the roads and streets surrounding the premises.
Premises The business is nicely presented and maintained and briefly comprises;
Roll down security grill to front, Windows and half glazed door creating a light, airy and inviting interior, ceramic tiled floor, feature ceiling fan, LED spotlighting, customer waiting area, 4 hair stations, bespoke reception desk with phone and appointment book, 3 hood dryers, wheeled trollers with drawers.
Rear Area -
Back wash with Mira Electric shower, built in storage, kitchenette area.
With close coupled toilet and hand wash basin.
Tenure We are advised that the business is being sold on a Leasehold basis, on a month to month rolling lease. A new lease will be granted by the landlord. The rent is £650 per month.
Staff We are advised that the busines is owner ran and managed, with the help of 1 full-time member of staff.
Financial Profile We are advised as per the 2019/2020, the business generated an average turnover in the region of £47,000, with an adjusted net profit in the region of £9,000. Full financials can be made available upon further request.
Disclaimer The data showed regarding this advert 'Extremely well established Hairdressing business for sale - B06340 / 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.
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