Unisex Hair Salon For Sale in Northamptonshire- Business 4 Sale .co.uk

Business Summary

THE BUSINESS
Advent Business Sales are pleased to offer to the market this extremely well established unisex hairdresser, which has been trading successfully for over 50 years.

The current vendor has been in ownership for the last 23 years and is only now reluctantly selling as she wishes to retire.

Our client has an enviable local reputation with high levels of repeat custom and new customers arriving from word of mouth, personal recommendation as only minimal advertising is carried out.

The salon has four full time employees including the vendor and achieves consistent annual sales of approximately £50,000.

The salon is in excellent decorative order throughout with a purchaser having no work to do on takeover.

Our client is prepared to work with a new purchaser for an agreed period of time, to ensure a smooth hand over period and to effect the necessary introductions to staff and customers.

The business has 4 work stations, 2 back wash and 2 wall hung dryers. All of the equipment in the salon is in excellent condition as the salon was completely refurbished only approximately 3 years ago.

We are advised that stock at cost is approximately £1,500.

Should a new purchaser wish to move to the area, above the salon is a very large1 bed apartment, which could be available for rent at £450 per month. The apartment is fully self contained with its own entrance.

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property Information

	Property:	Leasehold

	Lease Terms:	TENURE: Leasehold Original lease: 12 years Remaining lease: 12 years Review every: 3 years Rent: £700 per month We are advised that the annual business rates are currently: £1,400

	Living Accommodation:	Yes

	Details of Accommodation:	BUSINESS PREMISES Ground floor lock up premises briefly comprising of: Ground Floor • Front entry door into lobby and then into the salon, which is very bright, airy and spacious • There are 2 off 2 seater leather waiting sofas in front of the wide 4 pane window • 4 work stations, all with fitted hydraulic lifts and mirrors • 2 wall hung dryers and 2 back washers • under stairs storage • shelved wooded product display cabinet • reception desk • 4 waiting chairs to rear of back wash • 5 window bay at rear with side door into conservatory with kitchen and w/c • rear door to back garden The salon benefits from being fully double glazed throughout, air conditioned and with a 2 camera CCTV system. ACCOMMODATION Above the salon is a self contained flat consisting of: • refitted kitchen • large lounge • bathroom with shower over bath • 1 bedroom The flat has electric storage heating throughout and is fully double glazed.

	Location:	Our client is conveniently located in the heart of a predominantly residential area of an upmarket town in Northamptonshire. Parking is free of charge in the nearby streets, which surround the salon. Nearby towns include Wellingborough, Kettering and Northampton. The area itself has road links via the A45 and the A6.

Growth Potential

EXPANSION POTENTIAL
Our client has a successful and profitable salon. There are areas which would increase sales and profits further, which are:
1. Open on Monday’s and longer on a Saturday
2. Offer hair extensions and to do gents wet shaves
3. There is plenty of room to incorporate a nail bar or to have beauty treatments, manicure/pedicure
4. There is also a huge scope to extend the whole of the ground floor at the rear of the salon to form either a larger hairdressing salon or to add beauty rooms. (a precedent has already been set by the premises next door who have already done an extension.

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

Mon: closed
Tues: 9.30am – 4.00pm (pensioner day)
Wed -Thurs: 10.00am – 9.00pm
Fri: 10.00am – 6.00pm
Sat: 10.00am – 4.00pm

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