HIGHLY PROFITABLE AND LONG ESTABLISHED FREEHOLD LEASEHOLD HAIR SALON

EDEN HAIR AND BEAUTY Ltd

 REFERENCE NUMBER: 13433

The Opportunity        

The business was established in 1996. Eden Hair Design Ltd started as a single hair salon and in 2000 had expanded into the premises next door and the flat above, becoming \'Eden Hair & Beauty\'; with this came a major refurbishment. The Owner is willing to part fund the purchase.

In 2010 it became a Certified UK Training and Development Salon, which was the start of a very successful training academy.

In 2016 it became a L’Oreal colour specialist salon, and there was a further refit in 2019 to accommodate the growing client base.

The business is fully staff-operated and is operated by 12 staff. The turnover was £821,902, with an average (2018-2022) adjusted profit of over £170,000. The freehold property is valued at £550,000

Location

Eden Hair and Beauty is located on a busy junction in Haslemere, Surrey, which is an affluent commuter belt town and just a 50-minute train ride from London.

Clients are mostly from Surrey, Hampshire, and West Sussex, three counties border.

 The location benefits from

·       Affluent community

·       Prominent location

·       Wide demographics

·       Easily accessible premises

 Property Details

 The business is freehold or leasehold.

 Ground floor: To the right: 2 backwash stations with massage chairs, a colour mixing room and hot water tank/washing up room, 10 cutting stations with a sofa area, air conditioning unit and tv. To the left, seating area, retail sales display area and reception area with two computer screens, 7 more cutting stations, a downstairs toilet and kitchen/drinks prep area, plus cloakroom.

First floor: Room one -2 backwash/massage chair stations, built in stock cupboards and store cupboard and office. Room two - Beauty room with beauty bed, countertop and cupboards, nail bar and mirror. Room three training suite/ beauty room with five VIP cutting stations. Room four - Recently refurbished shower room with w/c and hand basin. Room five - Newly fitted fully functioning kitchen/team room.

Front of premises: Double fronted shop on a busy junction with 4 parking spaces and frequent footfall.

Rear of premises: Backdoor to side alley with drying line and additional understairs storage.

No of workstations in total: 19

Number of therapy rooms: 2

A video of the premises is available at

https://youtu.be/Ps-cD8XTTLY

Website/social media

 www.edenhair.co.uk

Facebook – 2.9k followers

https://www.facebook.com/edenhair.haslemere

Instagram – 2,767 followers

https://www.instagram.com/edenhair.haslemere/

Business Details

The Owners are now looking to retire after running an extremely successful business. It is the premier salon in the area and is fully managed and staff operated.

The Unique Selling Points of the business are:

·       Independent community salon

·       Award winning salon

·       Excellent reputation

·       Offer professional yet affordable services

·       Tiered price structure offers pricing for all demographics

·       Highly effective social media marketing

·       High re-booking rate

·       Large customer base of regular and loyal clients

·       Low staff turnover

·       Online booking system and personalised app

·       Deposit system for every appointment

Trading Hours

 Monday              9 am - 6 pm

Tuesday             9 am - 6 pm

Wednesday        9 am - 10 pm

Thursday           9 am – 10 pm

Friday               9 am - 6 pm

Saturday           8.30 am – 4 pm

Sunday                Closed

Financial Details

The turnover was £821,902, with an average (2018-2022) adjusted profit of over £170,000. The value of the freehold property is £550,000. There is also around £250,000 worth of working capital in the company which is included in the sale.

Tenure

 The business is sold with a freehold property or is available leasehold

 Ref No:     13433

Price:        OFFERS INVITED

Disclaimer

These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by Enthuse Transformations Ltd (Trading as ETS Corporate). The information contained herein has not been verified by Enthuse Transformations Ltd; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of Enthuse Transformations Ltd regarding this business are subject to verification and should be independently corroborated.