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Upscale Group Of Hair Salons In Dublin City Centre For Sale

Dublin City, Dublin, Ireland
Asking Price:
€100K - €250K Furniture / Fixtures and Inventory / Stock included
Turnover:
Available on request
Net Profit:
Available on request

The portfolio for sale encompasses four upscale, well-established salons, all featuring state-of-the-art equipment and a committed team of staff members.

All Dublin City Center locations.

Founded in 2017.

Fantastic renewable lease terms with tenant-only break clauses.

You have the option to purchase the entire Limited Company, which has a clean trading history, or acquire 50% of the shares, as long as one shareholder is willing to stay involved.

The Limited Company holds all leases, staff contracts, and utility agreements, streamlining the transition for the new owner.

Our loyal clientele consistently returns due to the exceptional service they receive from our brand.

Our stylists, who have been with the business for an extended period, are renowned for their expertise in the industry.

Moreover, the brand's strong social media presence has contributed to raising its profile and attracting new customers.

The business offers tremendous potential for future growth in both geographical expansion and service offerings.

By integrating beauty services into the existing hair salon model, the business can cater to a broader clientele and diversify revenue streams.

Furthermore, a highly favourable lease agreement has been negotiated in principle for a potential new location in Cork City Centre, presenting an exceptional opportunity for the new buyer(s) to expand if desired.

The agreement includes a 24-month rent-free period, a modest annual rent of €25,000 thereafter, and a tenant-only break at Year 5.

This deal significantly reduces financial barriers to growth, making it an attractive investment for those looking to capitalise on the business's promising future.

Property Information

Real Estate:

Lease

Lease Terms:

Fantastic 10 year leases with low rent (12k-35k per annum). Tenant only break clauses.

Leasehold Rent:

€12,000 per annum

Location:

Wicklow Street, Dublin 2 + Merrion Row, Dublin 2 + Grand Canal, Dublin 2 + Spencer Dock, Dublin 1

Premises Details:

High end hair and beauty salons

Size in square feet:
500-1000 sq/ft
Planning Consent:

Retail

Business Operation

Reasons for selling:

Owner has emigrated.

Employees:
5
Years established:
6

Other Information

Furniture / Fixtures value:
€400,000 - included in the asking price
Inventory / Stock value:
€10,000 - included in the asking price
Website:
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Home based:
This business can be run from home.