Hair Replacement Business – Award Winning – Based in Reading

Award-Winning Hair Replacement Salon for Sale – Reading, Berkshire
An incredible opportunity to acquire a well-established, Award-Winning Hair Replacement Salon in a prime location in Reading, Berkshire. This business has been operating successfully since 2016, with an excellent turnover and high profit levels. The salon boasts a loyal customer base of repeat clients, a strong online presence, and a fully staffed team, making it a smooth transition for new ownership.
Key Features:
• Established since 2016 with an outstanding reputation in the hair replacement industry.
• Turnover of £223,143 (Year ending October 2023) with a net profit of £55,300.
• Fully staffed with a manager in place and two experienced full-time/part-time employees.
• Spacious, recently refurbished premises (917 sq. ft.) featuring a modern reception, 3 treatment rooms, a kitchenette, staff room, office, cloakroom, and stockroom.
• Prime location near Reading town centre, just 3 miles from the train station, with excellent access to the M4 and Elizabeth Line.
• Handover period with training available to ensure a smooth transition (subject to supplier training charges).
• Premium pricing for services and products, offering strong profit margins with a wide demographic appeal (men and women aged 20 to 50).
• Scope for expansion: Potential to add a barbering/hairdressing service (space for 3 stations), extend opening hours, hire additional staff, and increase client capacity.
Financials:
• Current takings: £4,500 per week.
• Rent: £13,000 per annum, with a lease in place until 2031 and a rent review in June 2025.
• Rateable Value: £12,500 (subject to verification with Reading Borough Council).
• Price: £125,000 for goodwill, lease, fittings, fixtures, and equipment (negotiable).
• Stock at valuation.
This business is ideal for anyone looking to transition into the hair replacement industry from hairdressing or barbering. With a genuine reason for sale, this salon offers a fantastic opportunity to step into a thriving business with significant growth potential.
For more information or to arrange a viewing, please contact A H Lansley Ltd. Ref: PT.4890