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Hairdresser / Barber Shop for sale

Main Street, EH41

51 sq. m. | £34,950

Property Description

Commercial information

  • Business for sale
  • 548 sq ft (51 sq m)

Key features

  • REF: 13295
  • LEASEHOLD
  • HAIR SALON
  • BEAUTY SALON

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe welcomes to the market Anna Mather Colour Specialist Hair & Beauty. The business was first established by our client in 2011. The owner is now looking to sell the business, due to the desire to focus on a change in career path.

The business runs as a hair and beauty salon in a village location. Although this is a village salon the business is run like a busy city salon. The salon receives a generous amount of repeat loyal trade from the locals, as well as custom from Edinburgh and the boarders.

The business provides a range of services and treatments at competitive prices. The salon specialises in colour and clients travel from far and wide just for the colour services. Colouring is in high demand at the salon.

Male hair styling as well as women's cut and blow, styling, nail services, facials, massages, brows and eye lashes are also available.

The staff are well trained and attend regular training events and seminars, to make sure all techniques are up to date. Plus, the salon hosts regular evening events to teach customers how to style their hair at home. These events are popular with customers and should be something the purchaser continues.

The business generates a turnover in the region of £80,000 per annum, with a gross profit of 80%. This is a healthy turnover; however, we feel this figure could be increased further. The new owner could look to expand the beauty treatment services. The property is a great size and comes fully-equipped.

As well as treatments, the business also offer an excellent selection of branded styling products. Consultations and colour advice is done for new customers and for regular clients, so staff are able to suggest which products are best for their customer's individual style.

The salon already has an outstanding online presence. The sale includes the business website, this has a generous amount of information. There is scope to improve the website. The business also has a Facebook page, this is regularly updated and has over 1,600 followers. We are advised that our client hosts regular competitions via the page. This is very popular with the followers and much of the custom is generated from the Facebook page.

This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.


LOCATION
Anna Mather Colour Specialist Hair & Beauty is located in Gifford, Haddington within East Lothian.

The business is situated in the residential village of Gifford. Close by there are several independent retail outlets as well as a Co-Op store. Shops include a garage, café, household store, post office and two pubs. The salon benefits from free on street parking directly outside.

The road on which the business is located is an arterial road that connects to the A68. The A68 runs up to Edinburgh, which is just a short 40-minute drive away. The bus stop in the village is just outside of the salon, this has daily routes into Haddington, Pencaitland and Glenkinchie.

PREMISES
Anna Mather Colour Specialist Hair & Beauty boasts a large double fronted property, with large windows used for excellent eye- catching window displays. The property is well-signed and looks welcoming.

On entry is the large open plan salon space. This is a great sized room well suited to the trade. The reception desk is close to the entrance where there is also a waiting area. On the right-hand side are four hair stations. Shelving runs across this wall and each station has a mirror. There is room for a further two cutting stations if required.

The property is modern and has been completed to a very high-standard.

To the back of the salon, there are two backwash stations and a colour mixing station. There are separate rooms for the staff kitchen and toilet.

To the left of the reception area is the beauty treatment room. The room is equipped with a treatment bed, nail bar, hot stone massage equipment and other essential beauty equipment.

All fixtures and fittings throughout the business are included in the sale.

TENURE
We are advised the business is being sold as a Leasehold opportunity.

Original lease length: 7 years
Remaining lease length: 2 years as of 2016.
Rent: £600 per month

HOURS
The business opening hours: -

Monday: Closed
Tuesday: 9am - 5pm
Wednesday: 9am - 8pm
Thursday: 9am - 8pm
Friday: 9am - 6pm
Saturday: 9am - 4pm
Sunday: Closed

STAFF
The business is run and managed by our client, with the help of one full time, one part time and an assistant.

FINANCIAL PROFILE
The business generates a turnover in the region of £80,000 per annum.
Gross profit 80%



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