FOR SALE
656144
Established High-Turnover Hair Salon for Sale – Portsmouth
An exciting and rare opportunity has become available to acquire a beautifully established, fully fitted hair salon in the Hilsea area of Portsmouth.
Trading successfully for over eight years, this is an ideal opportunity for an experienced stylist ready to take the step into salon ownership, an existing salon owner looking to expand, or an ambitious operator looking for an established, ready-to-trade premises without the substantial cost of starting from scratch.
The salon has been developed by an owner with 22 years of experience within the hairdressing industry, with that knowledge poured into every aspect of the business — from the practical salon layout and client experience to the professional appearance and day-to-day operation.
The business benefits from a high turnover, excellent location, great footfall, affordable rent and a professional landlord, making this a particularly attractive opportunity.
A Beautiful, Fully Equipped Salon
The salon has been professionally designed to create a modern, welcoming and highly functional working environment.
The sale includes an extensive range of fixtures and fittings, allowing a new owner to take over an already established salon without the expense and disruption of a complete commercial fit-out.
The premises currently benefits from:
With five stations and two basins already in place, the salon provides excellent capacity for a team of stylists and offers several possible business models.
A new owner could operate their own client column alongside employed stylists, introduce or expand a chair-rental model, or combine the two to create multiple revenue streams.
Fantastic Hilsea Location
The salon occupies an excellent position within Hilsea, Portsmouth, benefiting from great footfall, passing trade and strong visibility.
It has fantastic street appeal and a professional exterior, giving the premises a strong presence within the local area.
Another major advantage is parking available directly outside, providing convenience for both clients and staff — an increasingly valuable benefit for a busy salon.
The location is well connected and accessible from across Portsmouth and surrounding areas, while also benefiting from an established local customer base.
Over Eight Years of Successful Trading
The salon has been established for more than eight years, providing the incoming purchaser with something very different from taking on an empty commercial unit.
Years of time, investment, industry knowledge and experience have gone into developing the business.
The current owner has worked within the hair industry for 22 years, and the salon has been created around a genuine understanding of how a successful hairdressing business needs to function.
This gives a purchaser the opportunity to take over a business environment that has already been tried, tested and refined over many years.
High Turnover & Further Growth Potential
The business benefits from a high turnover, while still offering significant potential for further growth under a new owner.
The five-station layout provides the capacity to build a substantial team and maximise the earning potential of the premises.
There are numerous opportunities for a new owner to develop the business further, including expanding the stylist team, increasing chair rental, introducing additional beauty services, growing hair-extension services, increasing retail sales or extending trading hours.
For an ambitious stylist currently working from home, renting a chair or working within another salon, this represents an opportunity to move directly into an established professional salon rather than taking on the considerable cost and risk associated with creating one from the ground up.
Affordable Rent & Lease Available
One of the biggest advantages of this opportunity is the affordable rent.
Keeping fixed overheads manageable is extremely important within the hair and beauty industry, and the rental arrangement makes this an attractive proposition compared with many commercial salon premises.
A lease is available to the incoming purchaser, subject to the appropriate arrangements, providing the opportunity for longer-term security.
The property is also managed by a professional landlord, giving the incoming business owner the benefit of a straightforward commercial relationship.
Finding an established, fully fitted salon in a strong Portsmouth location with affordable rent, parking, excellent visibility and a lease available is increasingly difficult.
Ready for Its Next Owner
This is a genuine turnkey salon opportunity.
The expensive and time-consuming work involved in finding premises, fitting backwash areas, purchasing stations, creating a professional salon environment and establishing the location has already been completed.
The incoming purchaser can instead concentrate on taking over, building their team and developing the business further.
After more than eight years of successful trading and 22 years of industry experience behind its development, the current owner has decided to sell in order to focus on other business interests.
Key Features
The business is being marketed on a confidential basis. Further information, including the exact location, business details and financial information, will be made available to genuine prospective purchasers following an initial enquiry.
Contact zero seven sev en o ne zero tw o fiv e s i x ni ne f i v e six
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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