Freehold Hair & Beauty Salon Located In Cornwall
Development Potential
Ref 2982

Asking Price £549,950

Location
This highly respected Hair & Beauty Salon is situated near the affluent and busy town of Truro. Truro is the retail hub of the county boasting a string of large blue chip and niche independent retailers along with an array of bars and restaurants.

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Hair & Beauty Salon which is located near Truro. The business was established by our clients 20 years ago and they are now offering the salon for sale so that they can enjoy a well deserved retirement.
Since ownership the owners have purpose built the premises and undertaken within the last 12-18 months, a total refurbishment of the salon including low energy lighting, a new oil-fired boiler and new fixtures & fittings. All equipment, fixtures & fittings will be included within the sale price which is a huge plus for any new owner, as additional funds will not need to be spent for some time. The business is currently owner operated and requires the help of 2 full time and 6 part time members of staff and for the year ending March 2024 posted a turnover of £177,500 with a GP of £158, 066 (89%) and an expected turnover of £205,000 for year ending March 2025.
This business provides a very comprehensive range of hair & beauty treatments and is currently recognised as a session salon with highly trained staff. The reception area has a warm and welcoming feel leading to the salon were there are 8 x cutting stations and 3 x bespoke hair washing stations, 2 x beauty treatment rooms, a ventilated pedicure room a manicure/nail bar zone.On the first floor, a dedicated / ventilated spray tanning room and a recently added private/VIP room offering hair & beauty treatments in a tranquil setting.
We believe that there is further potential to increase trade by extending the current opening hours and opening Mondays & Sundays, further development of the business's online and social media presence and optimising in-store and online retail sales. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular, repeat and new trade.
This is a superb opportunity to acquire an existing and vibrant Hair & Beauty Salon, with potential to expand even further and as such an early viewing is highly recommended.

Opening Hours
Tuesday - 09:00 - 17:00
Wednesday - 09:00 - 18:00
Thursday & Friday - 09:00 - 19:00
Saturday - 09:00 - 18:00
Sunday & Monday - closed

Ground Floor
Reception & Salon (7.4m x 9.1m) comprising: reception desk, chair, till draw, product display stand, 4 waiting chairs, coffee table, LED lit retail unit, 8 cutting stations with wall mounted mirrors, 4 hair cutting trolleys with drawers, 3 bespoke hair washing chairs with individual back basins, various shelves and a bespoke wall mounted shelving unit for hair colouring.
Staff room (3.3m x 1.2m) with kitchen units, 3 chairs and a microwave..
Manicure room (6.6m x 3.1m) with 2 manicure/nail stations with extractor fans, 2 x chairs, desk, shelving unit, black metal trolley and reception desk.
Treatment room 1 (3.0m x 4.3m) with electric treatment table, Pedicure chair with foot stool and copper bowl, chair, shelving unit, wash basin, towel warmer facial steamer (Lux) and mirror, large built- in shower with glass doors.
Treatment room 2 (2.9m x 2.5m) with treatment coach, wall mounted picture, chair, wash basin, stainless steel radiator, wooden unit with drawers and shelving unit.
Treatment room 3 (2.4m x 2.2m) with Pedicure chair with foot stool and copper bowl, stainless steel radiator and wash basin.
Toilet (2.4m x 1.5m) with w/c, wash basin, and stainless-steel radiator.

First Floor
Private hair & treatment room (3.0m x 3.9m) with hair cutting station, treatment couch, hair washing station, foot stool and cutting stool.
Staff room (3.6m x 5.5m) with kitchen units, 3 x chairs, microwave and toaster.
Office (2.3m x 1.7m) with desk, chair, mirror, document drawers, printer and wall mounted mirror.
Spray tanning room (3.5m x 3.5m) with wash basin, spray tanning booth, wall mounted cupboard, spray tan machine and mirror.
Landing area with settee.
Extensive eaves storage space.

External
Car park for (10) vehicles.

EPC Rating B

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

Hairdresser and barber shop for sale

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