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Business for sale in United Kingdom - Cq103-gents stylists and hairdressers

| Asking Price: | 350,000 £ | |
Real Estate: | Lease |
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| Sales Revenue: | 256,000 £ | ||||||||||
| Net Profit: | 57,000 £ | ||||||||||
| Year Established: | 2004 | ||||||||||
| Employees: | 7FT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Services
Business categories:
Beauty Parlors & Barbershops
Business description

This traditional gentlemen s hairdressers was established by the current owner in 2004 who realised the immense opportunity offered in this particular location, benefiting as it does from a captive audience of approximately 100,000 workers, in this busy business and retail complex, in London s Dockland. Although being fully staff run and run remotely by the owner, this business has become very profitable in a relatively short space of time and has established itself as the place to go for the discerning business clientele within this centre. Indeed the business is so busy that despite having increased the stylists stations from four to five recently, they are still having to turn business away! This is a superb opportunity for a new owner working full time in the business to increase turnover and profits very quickly and very dramatically. The business is not only ripe for expansion from within this location but with an easily recognised and remembered name that has been trade marked, it is ripe for replication into other locations with a remote business model already successfully in operation. This offers a superb investment and opportunity to both an owner operator or to an entrepreneurial business owner. Equipment: The salon has all of the equipment normally associated with a business of this scope and as required by all stylists. Customer Service: It is perhaps in customer service where this business really excels with an excellent reputation for customer care and service. This business aims to exceed expectations at every visit. All staff are trained to the very highest standards ensuring that each and every client gets everything they need from their visit. The business prides itself on giving a friendly, helpful and efficient service with competitive prices, they are dedicated to providing 100% customer satisfaction. Key Strengths: It has a very experienced, highly trained, longstanding team with top quality skills and an extensive knowledge of cutting and styling, delivering the range of services on offer to a very high standard, whilst utilizing the highest quality products available all at a very competitive price. Staff are very well remunerated ensuring this business attracts and keeps the highest calibre available. As well as being professional staff are friendly and approachable providing an ideal mix of efficiency and Client relaxation. Located in this prime position, with low overheads this business benefits from high levels of awareness and footfall, in particular the almost captive audience of approximately 100,000 business workers within the centre. Workers who are to busy to travel or go elsewhere when there is a salon of this standard easily available at the time that suits them. Growth and Expansion: Growth for this business venture can be attained with the development of an advertising, marketing and promotion campaign. The business has reserved two web domain addresses but has not yet have an active website. The business is well positioned to take maximum advantage of this growth as it occurs. Key Opportunities: With a strong demand for the services of this business there is a tremendous opportunity to build on the existing base, in particular for a new owner/stylist running the business on a day to day basis. There are further opportunities to open new units and shops under the trade marked business name, or to increase the existing business base within the existing location and to promote the retail products which the salon offers. The business could benefit further by creating a professionally designed website.
Additional information

| Additional information: | Not Disclosed |
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| Support & training: | Support and training will be provided to the successful purchaser. |
| Reasons for selling: | The current owners are selling the business to re-locate over seas, back to their broader family base, due to family commitments |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate

| Ownership: | no |
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| Lease: | yes |
| Lease terms: | The business operates from premises with a ten year renewable lease that expires April 2014 with rent reviews every 5 years. Annual rent is charged at £25,000 per annum, with rates charged additionally at £10,282 per annum. |
| Location: | The business operates from premises with a ten year renewable lease that expires April 2014 with rent reviews every 5 years. Annual rent is charged at £25,000 per annum, with rates charged additionally at £10,282 per annum. The premises is a glass fronted salon with 5 styling stations and 2 backwash, with staff lockers and staff area all fully fitted to an extremely high standard. |
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