Business overview

Three-site hair salon group. Management in place. Sale completed to strategic buyer.

A well-run group of three hair salons across Leicestershire, operating under a consistent brand with management in place across all sites. Combined annual turnover of £860,000 with strong adjusted profit across the group. The business had been developed by the owner over twelve years. A general manager was responsible for day-to-day operations across the three sites, with the owner working in a strategic capacity. All three leases had a minimum of four years remaining with assignable terms. Sale completed to a strategic trade buyer expanding their Midlands presence.