Thriving Dual Salon and Barbershop in Didsbury

Manchester, Greater Manchester
REF: INT3415

Asking Price:
£89,000
Annual Turnover:
£181,279
Annual Net Profit:
£34,288
REF: INT3415
Photo of Thriving Dual Salon and Barbershop in Didsbury
Photo of Thriving Dual Salon and Barbershop in Didsbury
Photo of Thriving Dual Salon and Barbershop in Didsbury
Photo of Thriving Dual Salon and Barbershop in Didsbury

Overview

Tenure:
Leasehold
Established:
2000
  • Excellent Reputation
  • Very Loyal Customer Base
  • Low Overheads
  • Recently Refurbished
  • Equipment Included

This well-established business offers a fantastic opportunity to step into a profitable and popular local enterprise. Comprising two separate operations under one roof, a ladies' hair salon and a men's barbershop, it delivers high-quality services to a loyal customer base. The premises are cleverly divided, with distinct entrances, décor, and branding for each business, while sharing essential facilities like toilets.

Located in the bustling heart of Didsbury, the business enjoys excellent visibility and is a beloved choice for both local residents and repeat clients. With years of success under its belt, it has become an integral part of the community.

Run by a husband and wife team for many years, this business presents a unique opportunity for a new owner to take the reins of a well-regarded operation with a strong reputation. With a prime location and a loyal clientele, this is a perfect chance to continue a legacy of quality service and community involvement.

Both businesses offer exceptional hairdressing services tailored to their respective clientele. Operated separately but under one roof, each business has its own distinct branding, décor, and entrance. The ladies' salon specialises in professional hairstyling, while the barbershop focuses on men’s grooming.

Run by a husband and wife team with a total of 6 staff members, including the directors, the business enjoys a strong reputation for quality and a loyal customer base.

Though they operate independently, they share some facilities, such as toilets, enabling efficient operations within a well-optimised space. The layout makes the most of the premises, ensuring both businesses function smoothly. All equipment will be included in the sale, offering a seamless transition for a new owner to take over a profitable and well-established operation.

The business is already well-established and requires minimal marketing efforts due to its strong local presence. Future growth could be achieved by maintaining the current level of excellent service and customer retention, though there are no immediate needs for additional staff or geographical expansion.

The long-standing clientele ensures a steady income stream, while the continued success of both businesses presents an opportunity for a smooth transition to new ownership.

The business has a proven track record and a loyal customer base, making it an appealing choice for those looking to continue its legacy.

Location

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

Property

Annual Rent
£25,000
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2035
Accommodation Included
No
EPC Rating
TBC

Financial & More

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