Well Established Hair Salon For Sale In Sheffield, South Yorkshire

Overview:

For sale is a well established and well known hair salon business that is ideally positioned in Sheffield, South Yorkshire. This business has been trading since 2010 and is now on the market as the current owners are relocating away from the area.

The business is located in a high street position and is surrounded by a vast number of businesses. 

Annual Turnover:£78,000 Net profit: £TBC

Tenure:Leasehold

Business Established:2010

Business Sale Description:

New to the market, is this well established Hair Salon that has built up a fantastic reputation and a loyal customer base, it's a great opportunity for any buyer looking for an existing, successful business to walk into.

For sale is this charming, independent hair salon Business that is well regarded in the community, and looking for a new owner who can expand on the fantastic foundations the current owners have put in place. 

Established in 2010, this long-standing business is currently up for sale due to retirement. Hugely popular locally, this is a rare chance to acquire one of the longest-running businesses in this area. The business has access to ground to the rear and also has a cellar too.

Currently, the Front room is sublet. The business is a high street location so benefits from having plenty of parking spaces in the local area. The salon has 6 styling chairs. 

A new owner could look to develop the business further through additional marketing and promoting special offers to gain more customers. The business does limited advertising and has achieved much of its success through its reputation for excellence. Through increased advertising via social media and online platforms the business could boost exposure to its services and effectively attract more customers.

Despite firm foundations set, there are many ways to grow the business further. To continue the success of the business, the new owner would ideally have experience within the industry. The business’s current reputation has mainly grown through word of mouth, meaning further local and online advertising could see even higher profits.

The business is held on a 10 year lease of which 7 years are remaining. Rent is £1000 PCM and is exempt from business rates. 

Ideally situated in a prime location, the business premises benefit from high levels of footfall and passing trade.  The current owner is happy to have a discussion about a potential transitional period.

Sensibly priced for genuine sale with lease & early viewing strongly advised

Key Features of This Business:

• Excellent Reputation; 

• Well Equipped Premise; 

• Loyal Custom Base; 

• Huge Growth Potential; 

• Variety of Services or Products; 

• Room to Expand

Key Business Information:

• Eyelash Extensions

• Waxing tinting eyebrows, patch test required

• Microblading eyebrows

• Botox fillers

• Makeup

• Beauty

• Hair extensions

• Colour tone

• Cutting styling & texture

Potential Growth Opportunities:

Currently, the business doesn't have a website, so any new owner may wish to add this.

Vendor Open To a Transition Period: YES

Business Sector Type: Hair & Beauty

Are Company Accounts Available: YES

Management Structure For Business: Run by owner

Business Sale Asking Price:

£69,950