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Highly Profitable Hair Salon in Town Centre - Hampshire

Highly Profitable Hair Salon in Town Centre - Hampshire

FOR SALE BY ANGLO SWANN
Reference: AS188

Asking Price: {{ amount }} Asking Price: £205,000
Asking Price: {{ amount }} Asking Price: {{ amount }} £205,000
FOR SALE SOLD by ANGLO SWANN

This highly profitable and well-established town-centre hair salon represents an excellent opportunity to acquire a thriving business with strong financial performance and a loyal client base. Established in 2018, the salon generates turnover of approximately £338,000 with an impressive EBITDA of more than £102,000. The business benefits from around 1,350 active clients, a 90% returning-client rate, over 85% staff utilisation, competitively priced premises and seven years remaining on the lease. With an established team, modern air-conditioned salon and prominent Hampshire town-centre location, this is an attractive acquisition for an experienced salon operator, expanding group or investor seeking a profitable and proven business.

Leasehold  (7 years remaining) 
Rent: £12,000 pa
The salon has hot and cold air conditioning installed.

Employees: 3 plus and rent a chair stylist plus 2 operator owners.

90% returning client rate with over 85% staff utilisation.
Number of active clients within 12 months is approx 1350.


Type: Hair Salon
Location: Town Centre of Hampshire Town

Established: 2018

Turnover:  £310,000 plus £28,000 for rent a chair stylist (40% of £70,000)

Net Profit:  £102,000+ (EBITDA)

 

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For further information regarding this business, please sign a Non-Disclosure Agreement (NDA)