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Prime Position Hair Salon For Sale

Bodmin, Cornwall, UK
Asking Price:
£89,950
Sales Revenue:
£76,939
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market the well-presented Salon 24. Established in 1980, the business has been successfully run by our clients since inception in 2004.

The salon is very well known in the area and sees high levels of repeat trade. The salon offers an array of hairdressing techniques and has gained a great reputation for the high quality of service and professional customer care.

The salon is beautifully presented and regularly maintained. The salon uses quality products also available to purchase, alongside a small collection of handbags. Other complimentary accessories could be introduced to generate additional income. The business produces a consistent healthy annual turnover. According to the 2015 accounts turnover, was in the region of £77,000 with a gross profit at circa 90%.

We believe a new owner may benefit from a modest marketing campaign and have more of a presence on social media to promote the assets of the business and gain new custom. Later opening into the evening may also prove beneficial.

Early viewing of this walk-in condition business venture is highly recommended. The business genuinely comes to the market as our clients, who have worked at the business for many years are looking forward to a well-deserved retirement.

Location
The business is located in the historic bustling town of Bodmin, Cornwall.

Salon 24 is located on the main thoroughfare running into the town centre, just a minutes’ walk from the plethora of independent and high street stores, eateries, bars and town centre amenities. The salon sits within a busy residential area from which the business derives much trade.

Bodmin is a thriving tourist destination, with businesses benefiting from the honeypot of visitors drawn to the towns rich architecture and history, fine eateries and great shopping. Bodmin is currently undergoing a huge redevelopment project and is vastly becoming a Cornwall hub. The area is easily accessible from the A30 and benefits from a mainline train station. The business benefits from ample street parking in the vicinity.

Premises
Freehold mid terrace premise briefly comprising: -

Well-presented frontage with good signage.

Entrance door from the main street to front reception with wood style floors and large front window elevation, soft seat waiting area, product displays, payment and reception desk, lovely décor.

Steps lead up to salon entrance via central corridor housing ancillary and storage, product display, WC, staffing area with kitchenette.

This leads into substantial main salon space to the rear, immaculate in presentation, well appointed, wood style flooring, superb lighting, ambiance, and decor, multiple mirror glazed and fully equipped cutting stations, hair washing stations and blow dry and set station.

Externally there is ample street parking to the front.

Tenure
We are advised freehold.

Hours
The business opens: -

Tuesday to Saturday 9.00am – 5.30pm
Closed Monday and Sunday

Staff
The business is owner run and managed with the assistance of 3 self-employed Stylists and a Junior.

Financial Profile
According to the 2015 accounts turnover was in the region of £77,000 with a gross profit at circa 90%.

Property Information

Property:

Freehold

Contact Information

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