Hairdresser / Barber Shop for sale

High Street,Kings Heath,Birmingham,B14

£130,000

Property Description

Full description

Tenure: Leasehold

POPULAR HAIR & BEAUTY SALON - WEST MIDLANDS
Well appointed and presented throughout
Early viewing essential to fully appreciate
High amount of regular & repeat trade
Advised annual turnover of 280,000
Scope for further development
Ideal partnership opportunity
Genuine reason for sale
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this superb hair salon which has been established for around 20 years and has been in the careful hands of our clients for the last 3 years. Our clients are reluctantly offering the business to the market due to their desire to concentrate on other business interests. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at 280,000 which is derived from the provision of a full range of hair and beauty services including colours, cuts, perms, styling, spray tans, waxing, detox treatments and full spa days. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.


Financial Profile

Turnover: 280,000pa
Stock approximately: 10,000


Tenure

Leasehold

Original length: 10 years
Remaining: 7 years
Review: 3 years
Rent: 7,200pqr


Opening Hours

Monday: 10:00am - 6:00pm
Tuesday - Friday: 10:00am - 8:00pm
Saturday: 9:00am - 5:00pm
Sunday: Closed


Accommodation

Well presented glass fronted property, briefly comprising:

GROUND FLOOR
Secure entrance leading:

Open plan salon area

Reception/welcoming counter

Waiting area with seating

Product displays

9 well spaced hair stations

Backwash area

FIRST FLOOR
5 well presented beauty rooms

Toilet facilities

SECOND FLOOR
Staff room

Seating space

Kitchen


Office

EXTERNAL
Parking for 1 vehicle

Nearest stations

  • Bournville (1.6 mi)
  • Selly Oak (1.8 mi)
  • Yardley Wood (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bournville (1.6 mi)
  • Selly Oak (1.8 mi)
  • Yardley Wood (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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