"Selling your business is our business"
"Selling your business is our business"
Fully describe the business's activities?
This modern hair and nail salon offers a high standard of hairdressing, employs passionate stylists and uses top range products for hair and nail treatments. The salon is dedicated to providing a memorable experience for each client through exceptional service. With each experience they strive to accomplish this mission with passion and expert advice.
How long has the business been established?
This business was established in 2010.
How does the business operate on a daily basis?
Through appointments, returning loyal clients and walk-ins.
How are the clients attracted to the business?
Online marketing, their reputable name and there convenient position.
What competition exists?
This salon is rated the best salon in its area.
How could the profitability of the business be improved?
Appointing additional stylists and online marketing.
What is the total staff complement?
There is a total of two qualified hairdressers, 2 stylists, 3 stylist assistants a receptionist, a cleaner and two subcontracted nail and massage technicians.
How involved is the Owner in running the business?
The owner is involved in the business daily. This business should sell to a buyer who self manages the salon and is active as a professional stylist.
When does the current lease end?
The lease ends 30th June 2021 and is renewable to the buyer for a period of 5 years.
What are the main assets of the business?
The main assets of the business is the salon's furniture and fittings.
Strengths?
Modern design salon with an established clientele. Established Upmarket Professional Location
Opportunities?
Appointing of additional stylists will generate extra revenue. The salon can cater for an addition XXXX stylists.
Threats?
The current Economy
What is the reason for the sale?
The owner and her family are looking at immigrating.
Why is this a good business?
Easy to manage with growth potential. Established, great location, very visible, trendy and modern. Has a large client base and attracts new clients daily. Offers quality service and the best products on the market. Qualified and certified staff that provide exceptional customer service with a focus to build long lasting customer relations.
