FOR SALE
622777
This is an exciting opportunity to acquire an excellent hair and beauty business in the midlands.
This turn-key business represents an excellent opportunity for an Investor or an individual in the hairdressing sector who is looking for an established business or maybe even an existing salon owner who is looking for larger premises.
The Partners have grown the business over the last 22 years They have an excellent reputation and are widely considered to have one of the best salons in the area. They pride themselves on their expertise and client care focus which has resulted in a loyal customer base and a vast amount of repeat and recommended custom.
Their intentions are to step back from the day to day running of the the business, they will indeed offer a negotiable handover period and would intend to stay and rent a chair a number of days per week.
The business currently has 7 contracted renters (inc partners) along with 5 flexible renters and 3 support members
The Team have a wealth of experience and knowledge, they have worked in the salon for many years while been joined by younger team members more recently. The business offers Hair styling, technical, colour services. A Nurse prescriber is available offering Aesthetic treatments, Beauty therapists providing the usual beauty service, they have specialist therapists offering support.
Having a long running working relationship with Kerastase, L'Oréal professional and ghd
Premises Details:
The property boasts an impressive 134.28 square meters, all on the ground floor.
Entrance from street level into the open plan reception area, large reception desk with computer diary and client seating area, retail display, drinks area and wardrobe for coats, leading to 2 treatment rooms and a nail bar.
off the reception there is a large hallway leading to the main Salon floor with 10 hair stations and 4 reclining backwash stations in a separate darkened area.
Back in the hallway is VIP colour and consultation area, a team rest room also used as the mix room, an office and gender neutral washrooms.
A back door leading to a carpark with 9 parking spaces to the rear.
Above the salon, there are 8 residential accommodation owned by the landlords.
The salon is well maintained and having a good relationship with their landlords and surrounding businesses.
key points
• Excellent reputation
Professional, hardworking team
• Loyal customer base
• High customer retention
• High quality premises
• All fixtures and fittings included
• High footfall location
• Excellent location
• Excellent transport links
• Parking nearby
• High turnover
• Disabled access
This represents an excellent opportunity for an individual in the hairdressing sector who is looking for an established business or an existing salon who is looking for a lucrative acquisition.
The Salon is very well known in the area and sees a high amount of repeat trade and word of mouth recommendations, with the friendly team always on hand to offer professional advise and services .
The salon is beautifully presented with a high level of equipment installed & benefiting from a good presence on social media through Facebook, Instagram & their own dedicated website, We feel that there is scope to increase turnover and take the business further introducing new services along with the possibility of operating more days and hours.
The business financial accounts will be shown to interested parties and a copy of the lease can be made available once a Non Disclosure Agreement N,D,A has been signed
Location:
The salon is located on a prominent main road leading to the historic Staffordshire town of Tamworth and is close to the neighbouring city of Lichfield and the town of royal Sutton Coldfield.
There are several new housing developments with 1000 new homes built every year since 2021 and the town centre is currently having a £40 million investment programme.
The Salon has it's owning parking for 9 vehicles, additional parking for staff available for a small fee and paid parking is very close by, the Salon is on a bus route and the nearby train station is a 10-minute walk.
The area is also well served by the A-roads, with the A5 within easy driving distance of the business, which links to the M42 and M6Toll motorway network.
Tenure
5 year remaining on the lease. The rent is £1,250 per month, £15,000 per annum.
Hours
The business hours are;
Monday- Closed
Tuesday- 9.30-17.30
Wednesday- 9.30-17.30
Thursday- 9.30-20:00
Friday- 9.30-18:00
Saturday- 9:00-16:30
Sunday- Closed
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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