The Opportunity

ETS Corporate are pleased to place on the market this excellent hair and beauty salon based in the town centre of Petersfield in Hampshire. The Owner has produced a business offering a high-quality service with motivated staff. She is selling to re locate. The business, which was established in 2010, has a full-time hands-on Owner with 5 employed and one self-employed members of staff.

The property is owned by the salon Owner and therefore a new lease will be granted with terms to be negotiated. The turnover of the business during the last financial year will be £150,000, with an adjusted profit of £50,000.

Location

The business is based in the town centre of Petersfield in Hampshire. It is on a busy pedestrianised area close to 2 car parks and surrounded by residential and commercial properties.

Business Details

This very well presented, hair and beauty salon for sale was established by the Owner in 2010. She is selling due to re-location.  It is operated with a hands-on Owner and 5 staff, and one self-employed therapist.

The business was expanded in November 2012 into another premises

A full list of the various treatments and further details of the business are on the website https://halocreativehair.co.uk/ In addition, the following retail products are stocked; Kevin Murphy, Redken , Milkshake, Olaplex and Tangle Teezer. The salon is a member of the NHF and is operated using Phorest software. Most new clients are through word of mouth, passing trade and social media.

The unique selling points of the business are:

 

  • Great reputation within the local area
  • Excellent landlord and lease
  • Based in an area with plenty of potential for continued growth
  • Established core business and further services can be added
  • Strong and established client base made up of regular customers
  • Opportunity to increase opening hours and expand.
  • Very large regular Client base.

 

The Owner is prepared to offer a full handover period and ongoing consultancy if required.

Trading Hours

Monday           09.30 am – 5.30 pm

Tuesday          Closed

Wednesday     10.00 am – 8.00 pm

Thursday         09.30 am – 5.30 pm

Friday.             09.30 am – 5.30 pm

Saturday.         09.00 am – 4.00 pm

Sunday            Closed

Financial Details

The turnover of the business during the last financial year will be £150,000, with an operating profit of £50,000.

Property Details

On the first floor, there are 5 styling stations, a backwash area, bathroom and kitchen.

On the second floor, there are 3 styling stations, 2 makeup/nail stations, a private treatment room, an office and a storeroom.

Tenure                                                       

The property is owned by the salon Owner and therefore a new lease will be granted with terms to be negotiated.

Ref:    13366

Price: £49,995 plus assets

Disclaimer

These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by Enthuse Transformations Ltd (Trading as ETS Corporate). The information contained herein has not been verified by Enthuse Transformations Ltd; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of Enthuse Transformations Ltd regarding this business are subject to verification and should be independently corroborated.