Asking price: £25,000

Sales revenue: < £200k

Net profit: < £100k

Fixtures value: £15,000

Stock value: £4,000

Business description
Situated in the York area our Hair salon has been very successful since we opened.

The salon has an extremely strong client base and contributes most of the very attractive turnover and gross/nett profit. Exclusively furnished with 3 stations, 2 backwashes (all Pietrina Italian made) separate kitchen and separate toilet facilities.

Stock includes Wella, Tigi, Paul Mitchell, GHD and Fake Bake.
Situated in an area with exteremely high footfall, clients benefit from free parking. We have found a great niche in the market which is well worth seeing.....

Recently opened in addition is our Beauty Salon, which is seperate to our Hair Salon, with both businesses facing each other in the only 2 shop units in the immediate area. Again, exclusively furnished and benefitting from our strong hair salon client base providing complimentary services to our hair salon clients, this side of the business has been open about 6 weeks and business is building.

We are expecting our first child in December, hence business now for sale preferably, otherwise we plan to put a salon manager in place and keep the business.

Included in sale are goodwill, all furnishings and fixtures and stock.

Viewing highly recommended, particularly due to the corner of the market we have captured, the demonstrably high client base as a result, the profitability and also the standard of finish.

Business is leasehold, lease terms negotiable.

Price negotiable around guide price.
Salon has made it through to local business awards and in to the finals 94k turnover was just between two stylists last year all offers will be cosidererd if genuine in wanting the business

Years established: 3

Employees: 4

Trading hours: 10AM to 6PM daily Tues to Sun, late night Friday until 8 PM

Property: Leasehold

Lease terms
Hair salon £12,000 pa + VAT. Beauty is £6,000 pa + VAT. Fresh lease available and negotiable

Location
Inside extensive huge commercial and residential catchment area

Expansion potential
Potential extension to existing hair salon Potential to expand beauty salon subject to existing adjoining tenant relocating (no current plans to do so)

Competition / Market
No direct competition and conditions of lease prohibit introduction of competition in immediate area

Reasons for selling
Pregnancy and subsequent lifestyle change