Well established hair salon in Newport Shropshire for sale

We are pleased to present a well-established hair salon for sale in Newport, Shropshire, due to the owner's retirement. This successful business has been operating for over 30 years, cultivating a loyal and diverse clientele. With remarkably low overheads, the salon offers an excellent opportunity for prospective buyers to step into a thriving enterprise.

The salon boasts a modern and stylish interior, creating a relaxing atmosphere that keeps clients returning. It is fully equipped with high-quality tools and products, ensuring that customers receive the best possible service. The two self-employed staff members are experienced and ready to facilitate a smooth transition to new ownership, enhancing the potential for continued success.

Positioned in a prime location, the salon benefits from high foot traffic and excellent visibility, contributing to its established reputation. The leasehold price is set at £25,000, with a current turnover of £70,000 annually and a profit margin of £18,000. The annual rent is competitively priced at £3,900, making this an attractive investment opportunity.

Comprehensive Benefits

Included in the sale are all fixtures, fittings, and stock, making it a turn-key operation for the new owner. Notably, the salon features professional stations designed for efficiency and comfort. It is a family-run business with a proven financial performance, characterised by established income from chair rentals and a reliable trading history. Furthermore, it operates with flexible hours, appealing to a wide customer base.

The existing client relationships and advanced experience of the owner and staff present a unique advantage, ensuring a seamless shift in management. Clients will appreciate the family-friendly environment and facilities, which enhance the overall experience. Additionally, financial records are readily available for review, providing transparency and allowing potential buyers to assess the salon’s performance over the years.

Flexible Conditions

Prospective buyers can benefit from flexible chair rental arrangements and negotiation on price, tailored to suit individual circumstances. The salon does not incur business rates, further adding to its affordability. With free consultations available for new clients, the salon is well-positioned for immediate growth, appealing to those looking to make a positive impact in the local community.

This is a rare opportunity to acquire a respected and successful hairdressing salon with a rich history and promising future. Whether you are an experienced professional or a newcomer to the industry, this business offers the perfect foundation to build upon. Don't miss your chance to take the reins of this established salon and continue its legacy.