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Reference M5567
Occupying a prestigious corner location, excellent main road trading position, residential, office and commercial area, Hampshire.
Turnover £ 5,000
Price
£59,950
Features
Surperbly Fitted Contemporary Hair & Beauty Salon
5 DAYS OPENING
Corner position, spacious double fronted premises - Laminate floor (wood effect), plasterboard ceiling with inset spotlights and 3 feature pendant lights.
Customer waiting area, 2 chairs and coffee table.
Reception desk - Cash register, telephone and computer.
Display cabinet.
3 Luxurious back basins with massage facility.
Extensive, bespoke, colour bar, with storage beneath.
8 work stations comprising - chairs, trolleys, hair dryers, and mirrors.
Climazone, straightening irons, curling tools.
Separate spcious beauty room presently not utilized.
Kitchen - sink, kettle, microwave, fridge, washing machine.
Staff rest area.
Cloakroom with toilet, mirror and wash hand basin.
Large shelved stockroom.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £4,750 p.w. We are advised sales for the year ending 26th March 2023 are circa £247,000 incl Vat.
Staff
The business is at present operated by the staff with 4 full time staff employees, 1 part time staff and a trainee.
We are informed the wage bill averages £2,200p.w. approx.
Trading Hours
5 Day week
Monday 9 am - 5.30 pm
Tuesday, Wednesday, Thursday 8 am - 8 pm
Friday 9 am - 4 pm
Closed Saturday and Sunday.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2018 with reviews every 5 years (next review 2028) at a current rent of £17,500 p.a. plus VAT
Business Rates from April 2023 £1,800 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £59,950 INCLUDING STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 29,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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