Hair Salon For Sale

Description

Key Features:• Long-established hair salon with only two owners over the past 50 years.• Located in the desirable Fareham area of South East Hampshire.• Prime position within a popular purpose-built shopping parade.• Attractive leafy surroundings with excellent customer parking nearby.• Reception and waiting area, two wash stations, four styling stations, and four hood dryers.• Additional dispensary, kitchen, utility/store room, cloakroom, and outdoor patio.• Low operating costs with rent of £81 per week.• Zero business rates.• Retirement sale.• Significant potential for future growth.Established hair salon located in the sought-after Fareham area of South East Hampshire, within easy reach of Southampton and Portsmouth.The salon occupies a prominent position within a well-established shopping parade where commercial units rarely become available. The location benefits from a pleasant leafy outlook, free lay-by parking, unrestricted on-street parking, nearby bus stops, and a large surrounding residential population.The premises are well presented and comprise a reception and customer waiting area, two wash stations, four styling stations, and a bank of four hood dryers. Additional facilities include a dispensary, kitchen, utility/storage room, cloakroom, and an external patio area.The business has an established and loyal customer base and has been under the current ownership since 2001. It is primarily staff-operated, with the owner currently working only two days per week. The team includes employed stylists together with two chair renters, providing additional rental income.The business is intentionally operated below the VAT registration threshold while maintaining strong profitability. There is considerable scope to increase turnover by extending opening hours, introducing late-night trading, expanding staffing levels, or increasing marketing activity.Financial ProfileAnnual turnover for 2026 is approximately £82,413.Additional chair rental income totals approximately £19,110 per annum.The business currently trades over a 4½-day working week with no late-night opening.TenureLeasehold.Asking Price£29,995 plus stock at valuation.