EN
United Kingdom GB
GBP £

Busy, Established Hair Salon in Yarm County Durham Up for Sale

Yarm, County Durham, ID 232345

Busy, Established Hair Salon in Yarm County Durham Up for Sale 1
Busy, Established Hair Salon in Yarm County Durham Up for Sale 1
Asking price:
GBP£175 000
Turnover (per year): £267 000 gbp
Net profit (per year):£57 000 gbp
Owner
Owner's representative

Сontact with me Owner's representative

Description

Thriving hair salon located in the busy town centre of Yarm, County Durham, with a strong 20-year trading history. The business has been under current ownership for 13 years and is now being offered for sale due to retirement, presenting an ideal opportunity for a new owner to take over an established and stable operation.The salon occupies a prime position on the high street, benefiting from high visibility and consistent footfall. It is situated close to popular shops, cafés, and historical surroundings, with ample nearby parking providing convenient access for both clients and staff.The business operates in a reasonably competitive market but continues to maintain a steady and loyal customer base. Current annual turnover is £267,000, with a profit of approximately £57,000. The leasehold opportunity has an annual rent of £20,496, with the asking price available on request.The salon is staffed by a team of eight committed employees and benefits from a strong online presence. All fixtures and fittings are included in the sale, ensuring a smooth transition for the incoming owner. Training can also be provided to support handover and continuity of operations.The property is positioned adjacent to a range of established retailers, further strengthening its appeal within a central high-street location in an affluent market town.This opportunity offers an established business with a proven track record, experienced staff, and scope for continued stability and future growth. Financial accounts are available to serious enquiries.

Details

Real Estate: Lease
Employees (ppl): 8
Reason for selling: Retirement
Support from seller: Full transition support from seller
Asking price: 175 000 gbp
Turnover (per year): 267 000 gbp
Net profit (per year): 57 000 gbp
Rent (per year): 20 496 gbp

Similar businesses

Create Your Account

Welcome back!

Enter your email address

Create a new password

Choose your language
Choose your сurrency