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Cambridge Road, SG11

Offers in Region of
£29,500

£15.66 per sq ft

Business rates & charges may apply

Goodwins Business Brokers Ltd, Rotherham
SIZE AVAILABLE

1,884 sq ft

175 sq m

SECTOR

Hairdressers or barber shop for sale

USE CLASSUse class orders: B1 Business

B1

Key features

  • Established Business
  • Enviable Reputation
  • Extremely High Quality Fit Out
  • Turnover in excess of £98k PA
  • Loyal Customer Base

Description

Elizabeth Ann Hair Studio
Turnover: circa £98k
Net Profit: circa £31.5k

The opportunity is a cherished hair salon with a legacy of 8 years offers exceptional hair care services and nail treatments. The salon is situated on the main road into Puckeridge which is a short journey from the historical towns of Stevenage, Ware and Hertford. The business has been operated by the current vendor since inception and has been completed to an extremely high specification with comfort in mind.

THE OPPORTUNITY

Proven Success: Walk into a business with a solid foundation, with a proven track record of success over the 8 years since it was established, and in this time has built up a loyal, repeat customer base. Our client is taking a step back into retirement; therefore, the business is available with a client book making this an attractive turnkey business for a new operator.

Prime Location: The salon is in a residential area, with new homes having recently been constructed locally, which leaves the salon well placed to be easily accessible for their growing client base and provides ongoing opportunities for passing trade.

Excellent Growth Potential: The business operates through web, phone, email, and social media bookings for hair appointments and offers excellent scope to expand into a digital online booking platforms using a dedicated website to compliment the listings on sites such as Fresha. The business also hosts growing social media pages. The brand lends itself well for additional locations throughout the UK utilising the established local presence to springboard from.

An experienced hair stylist could use this business to grow into additional areas and introduce a training academy to boost the reach of the salon.

PREMISES

A well-presented hair and nail salon situated within a rural village location. The single storey building was designed and built by the current occupiers from 2016. The salon has a generous open plan working space accommodating five mirrored workstations. The internal area benefits from ample natural daylight and has full accessibility. This new building is located within a secure gated private courtyard which has designated parking spaces for staff and clients. The salon has excellent energy efficient featuring two aircon units and central heating for the cooler months.

To the side of the property is staff and customer parking, with additional parking made available with on road parking available.

The property is made available by way of lease assignment for £11,200 per annum. Viewing is essential to appreciate the level of quality on offer.

PRODUCTS

The business has ongoing relationships with suppliers and preferred terms for products used in the salon, all of which a new owner will benefit from. The business has an ongoing working relationship with Loreal and local hair suppliers.

MARKETING

The business has limited marketing needs and enjoys ongoing referrals from new and existing clients. There is a user-friendly website, which allows you to see information on products, services and contact information. The business also benefits from a following on Instagram and Facebook to boost public awareness of the salon.

The business has attracted several 5-star reviews as follows:

5-star rating on Facebook

5-star rating on Google

MANAGEMENT AND EMPLOYEES

The business is managed by the vendor and 2 x self-employed hair stylists, 1 x employed apprentice who will remain in post with the business.

GROWTH OPPORTUNITIES

There is endless growth potential for an existing operator or someone looking to enter the market with an established brand and customer base with this well-established business:

* Expansion into new locations.

* Product diversification focusing more on beauty services.

* Enhanced digital marketing.

* Website platform implementation to include online bookings.

* Introduce a training academy.

FURTHER INFORMATION

Don't miss out on this incredible opportunity to own and grow this unique business with an exceptional branding presence.

Further information is available by speaking with us and for more information please contact us.

Energy Performance Certificates

EPC

Cambridge Road, SG11

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ware Station5.6 miles

About Goodwins Business Brokers Ltd, Rotherham

Phoenix Riverside, Rotherham, S60 1FL

Goodwin?s Business Brokers are the right choice.

We think our experience in owning and selling businesses ourselves, puts us directly in your shoes.

Our founders Michael & Simon spent over 7 years building a health care business from zero to a £16M turnover business with over 700 employees, and the time came they decided the time was right to make an exit from this business and move onto another passion..

Everyone in our team have been previous business owners and have been through the process of selling their business, which puts us in an unusual place of being your perfect selling partner.

We know you have put blood, sweat and tears into your business and you need the right buyer, at the right price and in the right timescale to make your exit successful.

What?s more, you need a broker who can be trusted, truthful and who can perform to drive the sale of your business.

Notes

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Disclaimer - Property reference GO2893. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Goodwins Business Brokers Ltd, Rotherham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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