| (REF: 1229) Leasehold Hair Salon For Sale in Aylesbury |
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| Seller Reference: |
1229 |
| B4S Reference: |
15712 |
| Asking Price: |
£70,000
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| Net Profit: |
£30,000 |
| Sales Revenue: |
£50,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Aylesbury, Buckinghamshire, United Kingdom |
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Phoenix Business Transfer Agents are delighted to place onto the market this exceptional clothing retail shop which was founded by the owners in 2007. They wish to sell due to other business interests.
This very good business opportunity provides menswear for the smaller and larger sizes with a good selection of formal wear. It is also very well known for its Hip Hop fashion and is the only specialist in the town. Originals of very well known brands are stocked making the shop very unique. Clothes are provided for all the family. .
The business is owner run as a husband and wife team.
The concern has been very well received and has been advertised via local leaflet distribution and on the internet. The internet site does allow purchase with credit card.
There is no competition in the area for the products supplied by the business.
The particular highlights of the business are:
- excellent location
- a niche business
- easily run by owner operator
- good financial profile and profits
- very well advertised on internet
The concern has huge potential. In particular the turnover and profits can be increased by:
- the business will enjoy natural growth with all the marketing that has been undertaken
- more brands and more products could be introduced on the internet
The owners would be available for a business familiarisation period if required
Property Details
The property is approximately 40 ft x 30 ft in total. It has a very large glass front and consists of 2 units. The window display is very attractive and leads to the main retail area. The shop is very well stocked with an array of railings displaying clothing and is fully racked and shelved. All fixtures and fittings are included in the sale. There are 2 fitting rooms and a storeroom to the rear. The customer service point is at the rear of the shop and there is also a good sized office.
External
To the front there is a main arterial road.
To the rear there is a fire exit.
Financial Details
The present turnover is £50,000 with a gross profit of 50%. Next years turnover is predicted to be £100,000
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Property: |
Leasehold |
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Lease Terms: |
The original length of the lease was 10 years with 8 years remaining. The rent is £16,000 with a review in 3 years. |
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Current Rent: |
£16000 |
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Living Accommodation: |
No |
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Location: |
This superb business opportunity is situated in the town centre of Aylesbury, in Buckinghamshire. It is within a pedestrianised area and is surrounded by well known businesses and banks. It is the main shopping area in the town. The location enjoys huge pedestrian footfall and is the main commercial part of the town. There is parking available nearby.
Aylesbury itself is a growing town and has been earmarked for further growth. It is still a popular destination for house buyers as it still enjoys reasonably priced housing and is situated at the end of the Chiltern railway line, about 1 hour from Marylebone station .Aylesbury also has good road links to London and Oxford with Wycombe and Milton Keynes being only 15 or so miles.
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The concern has huge potential. In particular the turnover and profits can be increased by:
- The business will enjoy further growth as it is becoming better known
- More exploitation of the client base
- Would suit a working, hands on owner
- More advertising is required |
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The owner would be available for business familiarisation period if required |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Mon – Wed 9am – 6.00pm, Thurs and Fri 9am – 8pm Sat 8.30am – 4.30pm |
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The concern employs three part time staff, who are paid the minimum wage. In addition to this there is a Saturday girl who is paid £3.20 per hour. There is also a full time self employed stylist who rents a chair for £100 per week. |
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