Hairdresser/Barber Shop

An exceptional opportunity to acquire a long-established and highly reputable hair salon, trading successfully for over 45 years and under the same ownership for 25+ years. The business now comes to market due to the owner’s well-deserved retirement.

Renowned for its excellent reputation, loyal clientele, and extensive customer database, this salon is a trusted name in the area. It has a proud stockist of premium brands including RedKen, Paul Mitchell, GHD, and Goldwell, and offers a wide range of traditional hair salon services.

The spacious, well-presented premises are arranged over two floors, featuring:

13 cutting stations

5 backwash basins

Low overheads with zero business rates payable

There is huge scope for growth, particularly through the introduction of beauty or aesthetic services, which are not currently offered.

Key Highlights:

Long-established business with strong brand presence

Loyal, repeat clientele and large customer database

Excellent location with low running costs

Genuine retirement sale - but the seller would be prepared to stay on for a period of up to 6-months, on a part time basis, if a purchaser would like him to do so.

Competitively priced for a quick sale – early viewing strongly advised REF: RX257463

Location

The business occupies a prime trading position in the town centre, ideally situated close to the main bus station, several public car parks, and the shopping centre, ensuring excellent footfall and easy accessibility for both clients and staff. The surrounding area is home to a mix of complementary retail outlets, cafés, and professional services, contributing to a vibrant and busy environment that supports consistent year-round trade.

Tenure

15-year lease from 1 November 2022 at a commencing rental of £14,400 per annum exclusive.

Exterior Front

A well-appointed two storey terraced premises benefiting from a wood-framed type shop front and a fully glazed signed display window to the right-hand side of a wood-framed and part-glazed single door entrance into the salon. The exterior also has an extending canopy with a fascia board directly above with decorative topiary planters and wall-mounted spot lights.

Salon Ground Floor

SPLIT LEVEL (UPPER) is arranged as a customer seating/waiting area equipped with fitted retail display stands, a gown cupboard, a reception/till serving station with a door directly behind to an OFFICE. SPLIT LEVEL (LOWER) tastefully decorated, open-plan with a suspended ceiling, solid wood type flooring throughout, spot lights and a heating system currently arranged as 7 cutting stations with wall-mounted mirrors, 2 x Hair Masters and 3 x backwash. A door towards the rear provides rear access.

Salon, First Floor

Large open space currently arranged as 6 cutting stations, again with wall-mounted mirrors, 2 x backwash and 2 x Hair Masters. We understand the landlord has granted permission for this space to be sectioned off to provide beauty rooms which we feel will significantly increase revenues. Within the first floor there is a door which provides access to a COLOUR ROOM, a separate door leading to internal doors to TOILETS and a separate STORE ROOM. Towards the rear of the premises is a door providing access to a STAFF ROOM with kitchenette facilities, fitted with commercial washing machine, tumble dryer and with a door providing access to a balcony and stairs for a rear access.

Staff & Trading Hours

Vendor works full time and is assisted by 3 full-time members of staff, 2 part-time members of staff and 1 part-time bookkeeper and receptionist. Monday, Tuesday, Wednesday 9 am until 5 pm. Thursday and Friday 9 am until 7 pm and Saturday 9 am until 4 pm.

Turnover

Turnover on the latest set of accounts show net sales of £141,929 with a gross profit margin of approximately 51% yielding ADJUSTED NET PROFITS OF APPROX £33,000. Full financial information will be made available at our client's discretion on or after a meeting.

Business Rates

The premises are subject to a rateable value of £7,500 resulting in zero business rates payable.

Legal Costs

The purchaser is to pay for all legal costs incurred in the transaction.

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.