Thriving Barber & Hairdressing Salon Based in Southampton

Southampton, Hampshire
REF: INT3084

Asking Price:
£50,000
Annual Turnover:
£147,390
Annual Net Profit:
£37,922
Reduced
REF: INT3084
Photo of Thriving Barber & Hairdressing Salon Based in Southampton
Photo of Thriving Barber & Hairdressing Salon Based in Southampton
Photo of Thriving Barber & Hairdressing Salon Based in Southampton
Photo of Thriving Barber & Hairdressing Salon Based in Southampton

Overview

Tenure:
Leasehold
Established:
1989
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Well Equipped Business
  • Equipment Included

Established in 1988, this distinguished gents and ladies hair salon is strategically situated in Southampton's city centre, enjoying a coveted location and a devoted clientele.

Renowned for its exceptional service and premium hair care offerings, it caters to both men and women with an unwavering commitment to excellence.

Each hair stylist undergoes professional training to achieve mastery in their craft, ensuring that every client receives an unparalleled hairdressing experience. They are proficient in the latest cutting-edge techniques and regularly engage in Inter-Salon competitions to stay ahead of industry trends.

Whether scheduled by appointment or on a spontaneous visit, clients are treated to a tailored and highly professional hairdressing service, ranging from simple trims to transformative full-head colours. The goal is to exceed the expectations of all clients, creating an unforgettable experience with each visit.

This would be an excellent acquisition within the hair and beauty industry.

Nestled in a prime location and boasting a substantial footprint, this salon has remained a fixture in its current spot for an extensive period. It enjoys the patronage of a loyal customer base yet retains considerable potential for expansion.

Featuring 10 workstations, 3 backwash areas, and 2 basement rooms currently leased out, the salon offers ample space and facilities to accommodate its operations.

Located in a bustling and dynamic neighbourhood with plentiful parking and excellent transportation connections, the salon serves a diverse clientele.

With a committed team of six dedicated professionals, this venture presents an attractive proposition for astute investors looking to capitalise on its established presence and growth opportunities.

This has amazing potential to grow on what has been built already over the years. With a sizeable salon under the right ownership, this could build and grow in terms of revenue and profitability

Refreshing the website and implementing a coordinated content strategy across web, mobile, and social media platforms would greatly benefit the business. Despite the success across the business's Instagram and Facebook accounts, a targeted marketing campaign that combines traditional and digital methods would further enhance the company's reach and impact.

As there are 10 workstations, there is scope to take on new staff which would help grow clientele. There is the opportunity to extend operational times and to open on Sundays.

Features

Key Information

  • Treatments Offered: Hair - Blow Drys, Hair - Bridal & Event, Hair - Colouring, Hair - Extensions, Hair - Highlights, Hair - Ladies' Cuts, Hair - Men's Cuts
  • Reception Area: Yes

Reputation

  • Google: 5

Online Presence

Location

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  • High Street Location
  • Close to Local Businesses
  • High Footfall
  • Nearby Car Parking

Property

Annual Rent
£19,000
Annual Rates
£4,768
Lease Term (Years)
5
Lease Expiry (Year)
2026
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
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Annual Net Profit
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Stock at Valuation
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Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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