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#Business ID: 19280

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5 Star Hairdressing Salon

Business Location: Lurgan, Armagh, Northern Ireland

Asking Price: £ under 100k Revenue: not applicable Cash Flow: not applicable

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

An excellent opportunity for an ambitious hairdresser to walk in and start business immediately in a top class salon. The owner is retiring and wishes to sell the fixtures & fittings of this leading salon. The premises are available for rent.

This is a modern, sophisticated salon with 8 hairdressing stations & 1 nail bar/ make-up station, a color dispensary, hair spa/ massage chair, toilet and cloakroom, Wi-Fi, touch-screen till and gas central heating. The business is long established but the current premises were renovated in recent years.

The owner has been reducing her workload and now wishes to retire completely. Individual hairdressing stations have until recently been rented out at over £600 per month.

Property Details

Size:

1,000 sq ft

Years Established:

40

Property Type:

Lease

FF&E:

£ 25,000

Inventory Value:

£ 6,000

Other Business Details

Business Location:

There is easy access to the premises from the M1 motorway and there is a car park c. 400 meters away. On street parking outside is due to be increased to 2 hours in the near future.

Premise Details:

The premises have been renovated to a high standard in recent years and are modern and chic.

Competition:

There are a number of other salons in the area.

Expansion Potential:

There is a large database of customers with email addresses, which a new owner could use to promote the business. It would be possible to rent out all the workstations but a new owner may prefer to use most of the workstations and only rent out a few. Either way there is potentially a strong monthly rent roll available from the workstations.

Planning Consent:

N/A

Website:

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Business Operation Details

Employees:

1 P/T

Trading Hours:

Tu & Weds 9 to 5.30 pm; Thu 9 to 8.00 pm; Fri 9 to 7.00 pm; Sat 8 to 3.00 pm.

Support & Training:

The owner is willing to stay for a short period to do a hand over.

Miscellaneous Details

Reason For Selling:

The owner is retiring.

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