Summary
- Asking price:
-
£45,000
- Sales revenue:
- Available on request
- Net profit:
- Available on request
- Years established:
- 8 years
- Employees:
- 2
Business description
Fantastic little grooming salon business with low over heads,and large customer base, that has been well established for over 8 years.Recently refurbished with all the top of the range equipment.
Property information
- Property:
- Leasehold
- Lease terms:
- The shop runs on a 2 yearly basis that is renewed every 2 years, which suits me. But the landlord is happy to give 7 year leases if prefered by the new purchaser.
- Location:
- The shop is located in a small quaint georgian arcade. The arcade itself is on a very desirable high street with select shops and restaurants in the vicinty.
Other information
- Expansion potential:
- The business has always been run by myself doing all the grooming work, with an assistant to help me with all the bath and blow drying side of things. I also sell dog clothes and leads and collars for the more discerning pet owner. The business could benefit with maybe 2 groomers, and a collection and delivery service which i do not offer. You could also expand in the pet field by incorporating a dog walking and pet sitting service which could all be run from the grooming salon and advertised via ads and a website. This offers much potential to an already very busy grooming salon.
- Competition / Market:
- The area is a very heavy populated dog area, and as such grooming work is always very much in demand by dog owners. In fact another grooming salon opened 2 years ago in close proximity to my salon, and it has had no bearing on my workload at all. In fact both my salon and my competitor struggle daily to keep up with the work load.
- Support & training:
- Can help with the hand over for around a month until new owner settles in.
- Reasons for selling:
- Hoping to start new life abroad.
- Trading hours:
- 5 days
- Furniture / Fixtures value:
- £15,000
- Inventory / Stock value:
- £5,000