West Midlands, UK

Colabella Hair Team
Turnover circa: £120k
Net Profit: £59k

Colabella Hair is an established hair salon with a legacy of a few decades from the current owners, offering exceptional hair and beauty services business within Wolverhampton. The business has been operated by the vendor since inception and is now made available to either a new owner/operator or an existing operator looking to expand.

THE OPPORTUNITY

Proven Success: Walk into a business with a solid foundation, with a proven track record of success since inception, and in this time, has built up a loyal, repeat customer base. Our client is looking to sell the business along with the client book, offering a turnkey opportunity for an incoming owner.

Prime Location: The Wolverhampton salon is located amongst a large residential area providing consistent local custom.

Excellent Growth Potential: The business already has a solid foundation to build upon with an excellent model to work from with the brand lending itself to being expanded into further locations throughout the UK.

Accommodation: The salon benefits from being fully equipped for an incoming operator with 5 x hair stations, 3 x hair washing bowls, a customer waiting area, 1 x private beauty room, 2 x nail bars, 1 x pedicure bar, 3 x tanning sunbeds, 1 x leg tanner room, kitchen, and storage.

The business will come fully furnished and equipped for an incoming operator to begin operating as a turnkey business, with fixtures/fittings included within the sale.

The premises benefits from LED low energy lighting and high-end quality fixture and fittings.

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 as part of a handover agreement.

MARKETING

The business has limited marketing needs and enjoys ongoing referrals from new and existing clients.

MANAGEMENT AND EMPLOYEES

The business is managed by the vendor and 5 x part time staff members.

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 to include aesthetics.
* Enhanced digital marketing.
* Ecommerce platform upgrades for online bookings and to sell products.
* Introduce a training academy.
* Organise events and partner with local businesses.

FINANCIAL INFORMTAION

Detailed financial statements will be made available upon request.

PREMESIS

The premises is made available by way of an assignment of the lease with current passing rent of £1000 per month.

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.