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Leasehold Unisex Hair Salon in Kingswinford with 50 Years of Operation

Kingswinford, West Midlands
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Leasehold Unisex Hair Salon Located In Kingswinford Photo 1
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Leasehold Unisex Hair Salon Located In KingswinfordLeasehold Unisex Hair Salon Located In KingswinfordLeasehold Unisex Hair Salon Located In KingswinfordLeasehold Unisex Hair Salon Located In KingswinfordLeasehold Unisex Hair Salon Located In KingswinfordLeasehold Unisex Hair Salon Located In KingswinfordLeasehold Unisex Hair Salon Located In KingswinfordLeasehold Unisex Hair Salon Located In KingswinfordLeasehold Unisex Hair Salon Located In KingswinfordLeasehold Unisex Hair Salon Located In KingswinfordLeasehold Unisex Hair Salon Located In KingswinfordLeasehold Unisex Hair Salon Located In KingswinfordLeasehold Unisex Hair Salon Located In Kingswinford
  • Leasehold: £14,950
  • Turnover: £45,000 (£865 per week)
  • Profit: Not Applicable

Business Details

Leasehold Unisex Hair Salon Located In Kingswinford

Leasehold Unisex Hair Salon Located In Kingswinford
Ideal Starter Business
Potential For Beauty
Ref 3223

Asking Price £14,950 Plus SAV (£300)

Location
This respected Unisex Hair Salon is located in the town of Kingswinford. Situated within a prominent and highly visible trading position on the High Street. Kingswinford town centre benefits from consistently high levels of vehicular and pedestrian footfall and provides a well-established retail pitch with a strong mix of national and local occupiers, including Co-op, Costcutter, One Stop, Greggs, Heron Foods, Nationwide Building Society, William Hill, Boots and Wetherspoons, amongst others.
The properties are well served by public transport links and benefit from convenient access to a number of nearby public car parks, enhancing accessibility for both customers and staff.

Business Description
Veritas Business Sales are delighted to offer for sale this popular Unisex Hair Salon which is located in town of Kingswinford. There has been a salon in these premises for over 50 years and has been in the careful hands of our client for the past 23 years. They are now offering the business for sale so that they can enjoy a well deserved retirement. Since ownership they have kept the shop in good order and the equipment, along with the fixtures & fittings are all bought and paid for are included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Duos is owner operated by a mother and daughter combination and has an annual turnover of circa £45,000.
We believe that there is further potential to increase trade should you wish, by renting the cutting chairs out and by adding beauty to the first floor which is currently sub-let to a beautician for £525 PCM. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity for a young stylist to purchase a readymade business with further growth potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – closed
Tuesday – 09:00 – 17:30
Wednesday – 09:00 – 17:00
Thursday – 09:00 – 19:30
Friday – 09:00 – 17:30
Saturday 08:30 – 16:00
Sunday – closed

Leasehold
Term: 5 years
Remaining: 2 ½ years
Rent: £13,200 pa
Business rates: zero

Ground Floor
Salon comprising: sales counter with cash register (Casio), cabinets with mirrors, 4 x mirrored cutting stations, wall mounted paper towel dispenser, portable climazon (Wella), portable colouring trolley (Wella), defibrillator, 4 x chairs for customer seatings, mirrored wardrobe doors/cloakroom, and stairs leading to the first floor.
Rear salon with sales and display cabinet, rear exit door, wall mounted mirror, 2 x chairs for customer seating, 2 x mirrored cutting stations, 2 x portable dryers, two backwash, raised level area with 2 x mirrored cutting stations.
Storeroom with dispensary, table, chair, cabinet, shelving, trolly, 2 x storage units and filing cabinet.
Kitchen with table, 2 x chairs, worktop, microwave, kettle, hot water boiler (Zip) and 3 x wall mounted units.
Laundry room with washing machine (Elecrto), tumble dryer (Beko) and storage unit.
Toilet with W/C, wash basin, electric hand dryer, sink drainer and shelf.

Cellar
Small storeroom accessed from the front of the salon.

First Floor
Hallway with combination boiler (Main). Toilet with W/C, wash basin and wall mounted mirror.
Treatment room with wash basin and loft access for storage.
Reception with desk & waiting area.
The premises benefits from UPVC double glazing (apart from the shop front) and gas fired central heating.

External
Rear parking for (2).

EPC Rating C


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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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