Retail premises for sale in New Inn Court, Otley LS21

Alan J Picken are delighted to offer this Very Well-known, Hair Salon onto the market, which is only offered for sale, and we suspect with a slight tinge of reluctance, as our client wishes to relinquish the responsibilities of owning/running the business and enjoy some extra time with her family.

The business occupies a prime position in the centre of Otley within the bustling New Inn Court, adjacent to multiple retailers and close to local amenities.

Our client offers a full range of hair services in a friendly and professional environment. The business offers all aspects of hairdressing including creative cutting/colouring to traditional styling for female and male clients.

Over the years the business has established an excellent reputation throughout Otley and surrounding areas, and a local and loyal clientele has been established.

Takings on 2023 accounts £80,174 (chair rental circa £42,000).
Gross Profit £72,319.
Adjusted Net Profit in excess of £20,000.
There is huge scope to increase the turnover by maximizing the first-floor salon via rent a chair/more staff or beauty services.

Our client will give every assistance to ensure a smooth transition.

We trust this will prove a resoundingly successful acquisition, especially for a dedicated owner proprietor to continue to exploit the full potential and derive maximum profits.

Business £24,950 + sav
Otley, West Yorkshire.
Leasehold.
Reference. Z10569