Activities: Highly Profitable, Hair & Beauty Salon
Location: High Street of Historic Market Town in Hertfordshire
Turnover / Net Profit: £280,000 / £53,000
Our client owns this beautifully presented very profitable hair & beauty salon located on the High Street of an affluent historic market town in Hertfordshire. There is a healthy repeat client base and the business is computerised. The highly experienced and qualified team provide hair and beauty treatments to clients of all ages. There are multiple innovative and additional revenue streams all contributing to this profitable business that has a great future and potential.
This business has a fantastic reputation for providing clients with an excellent customer experience and results driven beauty treatments, benefiting from the following:
- Turnover approx. £279,000 with £53,600 net profits (taken from 2016 accounts).
- Very well appointed site located on the High Street of a historic Market Town in Herts.
- Established social media presence ripe for future development.
- Easy accessible location with excellent transport links and large public carpark nearby.
- Experienced team of staff deliver the hair & beauty treatments ranging from hair styling & beauty basics such as tanning, tinting and waxing to health and spa treatments, including spa parties.
- This business has multiple revenue streams including complementary retail products.
- Attractive layout with large reception and hair styling area, retail area, and separate beauty and tanning rooms on the ground and basement levels.
- The business benefits from a recent refurbishment, and has 9 years left on the lease.
- Opportunity to significantly increase turnover within current infrastructure with additional marketing.
- Business is fully computerised using a modern software solution.
- The business is profitable making it attractive to trade and private buyers alike.
- Current owners willing to facilitate a mutually agreeable handover to ensure continuity.
Reason for Sale
After working hard building this business for many years, the current owners would like to sell the business to so they can retire. They therefore believe that the growth potential of the business would be best realised in the hands of new owners with the commitment, enthusiasm and resources to drive the business forward.
This is a fantastic opportunity to acquire a successful and well-established business, with plenty of scope for growth in this prime location. The vendors are happy to agree a mutually acceptable hand over period with the buyers.
We are inviting offers for the business from qualified/experienced salon entrepreneurs.
The Next Step
Please complete and the confidentiality agreement for this business, after which you will receive further details if appropriate. Any extra information you can provide about your background and other businesses will be very helpful.