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Hair & Beauty Salon Stafford Area For Sale

 
Stafford Area, Staffordshire, United Kingdom
 
Advert ref: C1107
 
FINANCIAL DETAILS
 
Asking price: £20,000
 
Sales revenue: < £200k
 
Net profit: < £100k
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
The Business Partnership is pleased to present this popular and growing Unisex salon for sale.

The salon is finished to a high standard and offers a full range of beauty and hair treatments. The premises offer a large reception area, 4 chairs, 2 hair washing stations, a beauty treatment room and one nail station. The customer base is mainly women aged 35-50, gents and children.

Established 3years, our client has seen 2 local salons close leaving little competition. Since Feb 08, turnover has risen £200 per week.

Currently run under management, the business employs one full time and two part time beauty and hair technicians.

The premises are leasehold, expiring 2011 at a rent of £536 p.m with rates of £50 p.m. Located in a popular town amongst a high residential area.

Open 5 days per week.

Turnover averages £1,000 per week.

Please ask for full details.


GENERAL INFORMATION
 
Years established: 3
Employees: 3
Trading hours: Tuesday - Saturday with late night Thursday
Property: Leasehold

Lease terms
Expiring 2011, rent is £536 p.m with rates £50 p.m.


Location
Located in a popular town with a high residential population. The premises take a prominent high street position with own parking.


Expansion potential
The salon is currently run under management. An owner/technician could reduce staff costs whilst driving the business forward and capturing the younger age group.


Competition / Market
2 competitor salons have recently closed leaving just one in the immediate area. As our clients sales have been increasing since Feb 08, this also seems little threat to them.


Support & training
A full handover can be arranged.


Reasons for selling
Our client has developed this business as far as possible whilst running another one. This now needs someone with time to drive it further forward still.


Financing available
Yes, please ask for details.


 
The Business Partnership - Manchester, Cheshire, Staffordshire and Shropshire
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30