Manchester City Centre Hair Studio with Recurring Income For Sale

Sovereign Business Transfer is pleased to bring to market a profitable, self-sustaining hair studio in a prime Manchester city centre location.

Unlike a traditional salon model, this studio operates on a fixed chair-rental basis. There are 13 high-quality workstations available for independent stylists, with rental income generated on a daily, weekly, or monthly basis. Current chair rental income is in the region of £11,000 to £13,000 per month, and this figure excludes any personal turnover from the current owner.

For a buyer, this structure is extremely attractive. Most salons are heavily dependent on the owner being the main stylist and income generator, with the risk that clients leave when the business changes hands. That is not the case here. Each stylist is responsible for their own clients, which means the income continues regardless of whether the current owner is present. The business can be overseen with minimal day-to-day involvement.

In addition to stylist rental income, the studio has a recently renewed commercial agreement with a global beauty provider, which guarantees approximately £19,000 per annum in additional revenue. This global beauty provider regularly hires the studio for training, meetings, conferences and lectures. This provides the buyer with a further contracted and reliable income stream and also demonstrates the salon’s professional standing and presentation.

The studio itself is stylish, well-presented and situated in an excellent high-footfall position surrounded by residential schemes, offices and strong transport links. There is also further upside, the current owner has explored introducing a “grab and go” coffee and bakery offer within the premises to drive additional footfall and diversify income.

There is clear scope to increase revenue and profitability by maximising occupancy across all 13 stations and developing the ancillary coffee/bakery concept.

The business is offered for sale at £110,000 by way of a Limited Company Share Sale, although an asset sale can also be considered if preferred. The vendor has also indicated that alternative offer structures will be considered.

• Chair-rental model providing recurring income
• Income currently circa £11,000 to £13,000 pcm (owner’s own turnover not included)
• Recently renewed commercial agreement with global beauty provider generating c. £19,000 per annum from training and event usage
• 13 high-quality workstations with capacity to increase occupancy and earnings
• Strong Manchester city centre position with consistent footfall
• Hands-off, low-input ownership model – ideal for an investor, group operator or expansion buyer
• Further upside via proposed “coffee and bakery” concept to attract new walk-in traffic