| (REF: 2426) Leasehold Hairdressers in a Historic Market Town Centre in Herefordshire |
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| Seller Reference: |
2426 |
| B4S Reference: |
31878 |
| Asking Price: |
£49,950
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| Net Profit: |
£9,000 |
| Sales Revenue: |
£55,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
10 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Bromyard, Herefordshire, United Kingdom |
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The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favourable lease terms (see below).
- Turnover in excess of £50,000 pa with a net profit of £9,000 (see financial summary below).
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business
- Low rent and rates.
- Very low overheads.
- A concern with very little competition.
- Business enjoys superb local reputation
- The concern provides Ladies and Gents Hairdressing.
Services
This very good business opportunity provides Ladies and Gents Hairdressing.
Staffing
The concern employs 1 full-time member of staff. The wages are £7,020.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
No marketing or promoting of the business has recently been undertaken as the business is well known.
Competition
As far as competition is concerned there are five other similar business within this busy town centre area.
Market
The client base consists mainly of local residents.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include Monday trading.
• Increasing the services to include beauty treatments.
• Increase the staffing levels to improve the volume of business.
• With the introduction of a website.
• .
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.
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Property: |
Leasehold |
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Lease Terms: |
The current lease is on a rolling agreement. The rent is £5,220 pa. The lease may be renewable or negotiable for longer term if required. The rates are currently free of charge |
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Current Rent: |
£5,200 |
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Living Accommodation: |
No |
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Location: |
- Situated in the Town Centre area of Bromyard in Herefordshire.
- Prominent location on main arterial road.
- Part of a parade of shops.
- Excellent free parking facilities nearby.
- Surrounded by a densely populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Well linked with the A44, A465 and M5.
- Hereford, Worcester, The Malverns and Droitwich all lie close by.
- Area enjoying much growth and regeneration.
- A lifestyle area.
- Excellent local demographics for this type of area.
- Affluent area
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As far as competition is concerned there are five other similar business within this busy town centre area. |
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The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include Monday trading.
• Increasing the services to include beauty treatments.
• Increase the staffing levels to improve the volume of business.
• With the introduction of a website
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The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made. |
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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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Tuesday to Saturday: 9.15am – 6pm
Sunday and Monday: Closed
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The concern employs 1 full-time member of staff. The wages are £7,020 |
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