INDUSTRY

Beauty

BUSINESS SUMMARY

Upmarket Traditional City Gentlemen’s Hairdressers Confidentially offered for sale Ref No: CQ068 Location: City of London Asking Price £175,000 This upmarket, traditional gentlemens’ hairdressers was established by the current owner nearly twenty years ago. Since that time the business has developed to be recognised as the premier hairdressers of choice within the Square Mile, situated as it is at the heart of the City of London. Comprehensively fitted out resembling a City ‘club’, with traditional wood panelling, and fully air conditioned, the premises are most welcoming. Seven discrete cutting stations are available for use. A comfortable waiting area is provided with daily newspapers available. Clients include Chief Executive Officers of many FTSE 100 companies, Earls, Lords and Knights. Many clients are well known both within and outside of the City. Circa 70% of clients make appointments with the balance being ‘walk in’ trade. A full range of hairdressing and shaving requisites are sold: circa £1,500 stock is held. Shaving service is also available.

	BUSINESS FINANCIALS
Asking Price: £175,000
	GENERAL COMPANY INFORMATION
Organization Structure: Headquarters/Main Location: Home Based Time on lease/mortgage: N/A Is Business Relocatable? No
	MARKET OUTLOOK/COMPETITION
No marketing or advertising takes place since most new clients are referred to the business by direct ‘word of mouth’ recommendation. The business would however benefit from direct marketing and especially the establishment of a web site. This could then offer ‘on-line’ booking of appointments
	DETAILS ABOUT THE SALE
Support & Training A full period of training, handover and familiarisation will be provided to ensure a smooth transition to new ownership. Reason for Selling This is a genuine retirement sale. A stage has been reached where the owner wishes to retire and is offering the business for sale. Is Management Willing to Stay? No Are You An Intermediary? No