Leasehold Hair Salon For Sale

Business description

Bag a Business is delighted to offer to the market this busy and extremely profitable unisex hairdressing salon in Shrewsbury. The business was originally established in 1996, whilst it has occupied its current premises since 2001. Cabello is only now being placed on the market due to our client's wish to pursue a lifestyle change. The business has an exceptionally high turnover for a unisex salon, which is currently open less than 32 hours per week, whilst of particular note is the high gross profit of 91.8%. Our client has run the business at pace to suit her lifestyle but has maintained an extensive customer base throughout Shropshire and the Welsh border. In order to continue the strong relationship with the existing customers our client would be happy to continue employment or work a handover period. We feel that this is an excellent base for a new owner to build upon, perhaps by extending the opening hours, employing more staff, introducing beauty treatments and through pro-active marketing. Early viewing of this thriving business is strongly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 6 years
Remaining length: 1 year
Rent: £4,300 per annum

Living accommodation:

PROPERTY DETAILS The business is situated in a charming, mid-terrace building with a beautiful shop frontage, briefly comprising: GROUND FLOOR Trading area and salon of approximately 500sq ft Reception and waiting area Counter with electronic cash register 4 hair cutting points 3 backwash units Kitchen Access to the rear yard CELLAR Three chamber cellar utilised for storage EXTERNAL Rear yard/staff area

Location:

Cabello is ideally situated in a parade of shops and offices on the main road running into the centre of Shrewsbury. There is on-road parking directly outside and a number of car parks in the vicinity. The salon is highly visible to passers by and visitors alike, as they travel into the town. Shrewsbury is the second largest town in Shropshire after Telford and is easily accessible with excellent road links, including the A5 and M54. In addition to this the town has a busy train station that is often regarded as the 'Gateway to Wales' due to the large number of rail services frequently running to Wales through the station, from Manchester in the north and Birmingham in the east.

Other information

Trading hours:

Wed - Fri: 9.00am - 5.00pm Sat: 9.00am - 4.30pm