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Hairdressers and Beauty Salon for sale in Oxfordshire

Buy a Hairdressers and Beauty Salon
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Reference : M2611

Highly profitable and well equipped UNISEX HAIRDRESSING SALON plus adjoining SPA




       

No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register for free to see full location details
 

Location

Situated in a parade, sought after residential area, OXFORDSHIRE (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £6,000 p.w. We are further advised that the turnover in respect of the Unisex Hairdressing Salon for the period 1st April, 2006 to the 30th June, 2007 showed sales of £316,968 with a gross profit of £161,885 i.e. 51.1% after wages of £121,281 and a net profit for the period of £90,595. We understand the turnover in respect of the Spa is currently in the region of £1,800 p.w. We are further advised that the turnover for the 15 month period 1st April, 2006 to the 30th June, 2007 showed sales of £111,755 with a gross profit of £33,074 i.e. 29.6%.

Price

TO INCLUDE THE SECURE LEASES, GOODWILL, FIXTURES & FITTINGS in the region of £240,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

SPACIOUS DOUBLE FRONTED UNISEX HAIRDRESSING SALON with double door, woodstrip floor, ceiling lighting. Superbly fitted including reception desk, electronic cash register.

Reception area with 1 sofa, 2 chairs, glass coffee table

8 work stations with large mirrors and lighting, 3 back basins with chairs etc.

Customer's/staff cloakroom with w.c. and wash hand basin
Kitchenette

Large cellar used for storage purposes

Rear detached building. Entrance to ground floor. Reception area with seating.

Customer's cloakroom with w.c. and wash hand basin

Spa with Hydrotherapy pool 8ft x 8ft, changing room, shower, lounge area. Rasul
Rear room with shower, fully equipped with couch. This room used for massage, body scrubs, wraps and tanning.

Stairs to first floor
Pink room with couch, wash hand basin, used for massage, waxing, pedicure and manicuring
Green room with couch, wash hand basin

Staff

Staff employed in respect of the Unisex Hairdressing Salon. Operated by a lady vendor with the assistance of 1 full time manageress, 1 full time gents hairdresser, 3 full time stylists, 1 part time stylist, 2 full time juniors plus 1 Saturday girl.
Spa. Staff employed - 1 full time manager, 1 part time therapist, 2 full time therapists, 1 full time receptionist, 1 part time receptionist.

Opening Hours

Hairdressing Salon
Monday - 9.30 a.m. - 5 p.m.
Tuesday - 10 a.m. - 6 p.m.
Wednesday & Thursday - 9.30 a.m. - 7 p.m.
Friday - 9.30 a.m. - 6 p.m.
Saturday - 9 a.m. - 5 p.m.
NO SUNDAY TRADING

Spa
Monday & Tuesday - 10 a.m. - 6 p.m.
Wednesday & Thursday - 9 a.m. - 7 p.m.
Friday - 10 a.m. - 6 p.m.
Saturday - 9 a.m. - 5 p.m.
NO SUNDAY TRADING

Outside

Parking space for 2 cars

Tenure

We understand the premises are held on 2 separate leases from the same landlord. The present renewable lease in respect of the Salon expires in December, 2015 at a current rental of £16,263.48 p.a. for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £6,859 p.a. + water rates

The present renewable lease in respect of the Spa we understand also expires on the 1st December, 2015 at a rental £7,375 p.a. with rent reviews every 3 years.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED UNISEX HAIRDRESSING SALON PLUS WELL FITTED SPA IN THIS SOUGHT AFTER POSITION.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Reference : M2611

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