Starting from scratch isn't for everyone. Some people prefer to buy a business that is already established, with an existing customer base and then stamp their own character on it. So we've teamed up with Businessforsale.com to bring you a weekly look at a commercial opportunity that's currently up for grabs.
Unless you are former Queen guitarist Brian May, you will visit your local hair salon on a fairly regular basis. With a steady income and loyal customer base, owning a salon like this one in Studley, Warwickshire is often profitable.
This hair salon is a friendly, well-established businesses with many repeat customers. It is in a prime location, situated adjacent to milliners, bridal retail and ladies clothing shops.
The salon is equipped with five chairs, two hood dryers, two wash basins a storeroom and toilet. There is an attractive reception area, with steps leading up to the salon itself.
One of just two salons in Studely, the business has been established for over 40 years and currently employs just the owner and an assistant.
The business makes £200,000 in sales revenue a year, with a £100,000 profit. The lease is £4,350 per year and is set to be renewed in October 2005.
The owner is willing to stay on and help the buyers settle into the business.
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