• Listing ID: 1256704
  • (Seller ref: 2868)

Unisex Hair Salon In Greater Manchester For Sale


Price Reduced

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Asking price:
£48,950
Sales revenue:
£60,000
Cash flow:
Available on request

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Preferred Commercial is delighted to offer for sale this popular uni-sex hair salon, which was established in 1986 and which has been in our client's careful hands since 2000. The salon is only now offered to the market due to our client's wish to retire. The business trades 5 days a week and generates a turnover in the region of £60,000 per annum with a gross profit of 75%. The salon has a loyal customer base, enjoying much repeat trade and word of mouth recommendations. The premises boast a spacious salon area with 6 workstations and have been fitted to a high standard throughout. We feel the turnover could be further increased extending the opening hours and utilising all of the workstations. A new owner could, if desired, embark on a modest marketing campaign and perhaps establish a website advertising the business and services provided. This is an ideal opportunity to acquire an already busy hair salon with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.


Property:
Leasehold
Lease terms:
Original length: 3 years
Remaining: 3 years
Review: every 3 years
Rent: £110 per week
Location:
This hair salon occupies substantial mid-parade ground floor lock-up premises, ideally located in a densely populated residential area of Manchester. The business benefits from ample on-street parking and is surrounded by a wealth of complementary shops and businesses. There is a high footfall and much passing trade. The area is well-served by public transport with a number of bus routes running through the area and a railway station within easy walking distance. The premises are easily accessed via the A-road and motorway networks. The area is popular with commuters due to its excellent road and rail links with the city centre.
Premises details:
Substantial ground floor mid-parade lock-up salon premises. Briefly comprising:

Ground Floor
• Salon area with 6 x workstations, 2 x back washes, 3 x hair dryers, reception counter with electronic cash register and seating for clients
• WC with wash hand basin
• Staff room/kitchenette
• Stockroom

External
• Off-street parking to front

Trading hours:
Sun - Mon: Closed
Tues: 9:00am to 4:00pm
Weds: 9:00am to 3:00pm
Thurs: 9:00am to 4:00pm
Fri: 9:30am to 4:00pm
Sat: 8:30am to 4:30pm

For more information about this business for sale, click the Contact Seller button.


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