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Attractive Hair and Beauty Salon in North London For Sale

Attractive Hair and Beauty Salon in North London For Sale
Attractive Hair and Beauty Salon in North London For Sale Buy a Attractive Hair and Beauty Salon in North London For Sale Sell a Attractive Hair and Beauty Salon in North London For Sale Attractive Hair and Beauty Salon in North London For Sale for Sale Attractive Hair and Beauty Salon in North London For Sale for Sale Attractive Hair and Beauty Salon in North London For Sale for Sale Attractive Hair and Beauty Salon in North London For Sale for Sale

Register to see map and to make an appointment Situated in a parade, busy road, desired NORTH LONDON LOCALITY

Turnover 3,500
Price 159,995

Features

Well Established Attractive Hair & Beauty Salon

ESTABLISHED 2006

EXCELLENT HAIR SALON in the region of 300 sq ft. approx. (28 sq.m) with real wood flooring, chandelier. Reception desk, till. Waiting area.

6 work stations with mirrors & chairs, 2 back wash basins. Display shelving, cutting tools, dryers.

2 treatment rooms with laminate floor - currently let & providing a rental income of 600 each per month

Kichen area

Shower room

Cloak room with toilet and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages 3,500 p.w. in our opinion having potential to increase with additional opening hours. We are advised sales year ending 31st July, 2019 showed 143,593 with a gross profit of 74,433 after wages.

Staff

At present operated by the vendor with the assistance of 2 full time plus 1 part time staff. We are informed the wage bill averages 1,250 p.w. approx.

Trading Hours

5 Day Week
Tuesday, Wednesday, Friday & Saturday 9 a.m. - 6 p.m.
Thursday - 10 a.m. - 7 p.m.
CLOSED SUNDAY & MONDAY

Tenure

We understand the premises are held on a 12 years lease having 8 years unexpired at a rent of 14,244 p.a. with rent reviews every 4 years.

Uniform Business Rates: Nil payable at present after small business relief

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 159,995 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 79,998 (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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