Hairdresser / Barber Shop for sale

ComplimentsUnion Road,Oswaldtwistle,BB5

Offers in Region of 95 sq. m. | £150,000

Property Description

Commercial information

  • Business for sale
  • 1,022 sq ft (95 sq m)

Key features

  • REF: 2417
  • FREEHOLD

Full description

Tenure: Freehold

Offers In The Region Of 150,000 + SAV

LOCATION
Compliments is located in Oswaldtwistle, Lancashire.

The business is ideally situated on a busy main road location, which is a major bus route in the town. There are many complimentary shops in the area that help guarantee good footfall from passing shoppers and motorists.

Oswaldtwistle is a large village within the Hyndburn borough of Lancashire. The town lies on the course of the Leeds and Liverpool Canal, 3 miles east-southeast of Blackburn and is contiguous with Accrington. Oswaldtwistle has an approximate population of 12,500.

The town is located approximately 5 minutes drive away from Accrington town centre, 15 minutes away from Blackburn town centre and 20 minutes away from Burnley. The M65 motor way is also a short 10 minute drive away which connects to a vast motorway and arterial road network.

BUSINESS
Hilton Smythe is delighted to welcome to the market this fantastic hairdressers and beauty salon business in Oswaldtwistle, Lancashire. The business was established in 1988 and has been in our clients careful hands since 2005.

The business is only now being offered to the market due to our clients family commitments. The business is open 5 days a week and generates a fantastic turnover in the region of 50,000 per annum with a superb gross profit of approximately 80%.

Compliments is a long established hairdressers and beauty salon that has built up an enviable reputation within the area for the high quality of the services offered, which has resulted in a great regular and loyal clientele base.

The business is fitted to a high standard and is presented very well throughout and is well equipped to handle the trade. The salon offers a host of ladies hairdressing services using on trend techniques, with scope to add further treatments.

Currently the business earns 900 per month from rental of beauty salon upstairs and treatment room with the potential to increase turnover by renting a further 3 chairs out downstairs in the hair salon. The business also has the potential to increase turnover further by extending opening hours to possibly open on Mondays and be embarking on a small advertising campaign.

This is an excellent opportunity for a new owner to take this turnkey business to the next level; therefore, an early viewing must come highly recommended to avoid disappointment.

PREMISES
Single fronted terraced premises, briefly summarising:-

Ground floor:
The ground floor is made up of the main hair salon area with 5 hair dressing stations, 2 back washes, toilet and small kitchen at rear with rear door to yard. The area is decorated to a high standard and is very bright with white walls and feature purple wall.

First floor:
The first floor is decorated and presented to a high standard. The floor contains a large beauty room, small treatment room with massage bed and bathroom.

Equipment:
St Tropez tanning booth and spray
Extraction unit for tanning booth
Hairdressing chairs
Backwashes
Mirrors
Sofa

External:
The exterior of the property is well signed, a small yard is situated to the rear of the premises.

TENURE
We are advised freehold.

HOURS
The business is open:

Monday: Closed
Tuesday - Friday: 8am till 7pm
Saturday: 9am till 3pm
Sunday: Closed

STAFF
The business is owner run and managed with the assistance of 2 staff members.

FINANCIAL PROFILE
We are advised the business generates a fantastic turnover in the region of 50,000 per annum and a superb gross profit of approximately 80%.


Nearest stations

  • Church & Ostwaldwistle (0.7 mi)
  • Accrington (1.5 mi)
  • Rishton (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 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

  • Church & Ostwaldwistle (0.7 mi)
  • Accrington (1.5 mi)
  • Rishton (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 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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