Contemporary Hair and Beauty Salon

LeedsHealth, Beauty & Care

Contemporary Hair and Beauty Salon

Financial summary

Asking price
£65,000
Annual turnover
£185,000
Net profit / cash flow
£42,000
Tenure
Leasehold
Business type
Established business
Employees
5
Established
2017
Seller
Private seller

About this business

A contemporary hair and beauty salon trading from a well-presented ground floor unit in a busy Leeds suburb. The salon has six styling stations, two backwashes and a separate treatment room used for beauty services. The business has an established client base with a high proportion of pre-booked repeat appointments. Two employed stylists and two chair renters are in place alongside the owner, who also works as a stylist. The salon was fully refurbished in 2021 and all equipment is owned outright.

Business details

Reason for sale

The owner is taking a career break for family reasons.

Premises

Ground floor unit of approximately 620 sq ft with treatment room, staff area and WC.

Lease information

Assignable lease with 5 years remaining at £11,400 per annum.

Growth opportunities

The treatment room is used only three days a week and retail product sales are minimal.

Assets included

All salon furniture, equipment, till and booking software included.

Training and support

Two weeks of handover and client introductions.