Beauty Salon in Kent For Sale

Situated in a parade, excellent main road trading position, not far from KENT

Turnover £ 5,000
Price £120,000

Features

Old Established well Fitted Beauty Salon

ATTRACTIVE DOUBLE FRONTED BEAUTY SALON with laminated strip floor. Reception area with desk. NAIL BAR with chair.

2 BEAUTY ROOMS each with wash hand basin & couch

Cloakroom with w.c. & wash hand basin

Small staffroom

Turnover

WE ARE INFORMED the turnover averages £5,000 p.w. including the sale of beauty products on line. We are further advised that the sales year ending 31st March, 2019 showed £258,838.98. We understand the breakdown of sales showed in the beauty salon £112,794.86 plus retail sales of £11,127.92 with the balance of £134,916.20 was in respect of beauty sales on line.

Staff

The business is at present operated by a lady vendor with the assistance of her daughter on part time basis. Staff employed 2 full time & 3 part time staff.

Trading Hours

Monday & Tuesday - 9 a.m. - 5 p.m.
Wednesday - 9 a.m. - 8 p.m.
Thursday & Friday - 9 a.m. - 6 p.m.
Saturday - 9 a.m. - 5 p.m.
NO SUNDAY TRADING

Accommodation

The SPACIOUS living accommodation all in GOOD CONDITION, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, in the form of a MAISONETTE over comprises:

First Floor
Large Lounge
Dining Room (or additional bedroom)
Fitted Kitchen

Second Floor
3 Bedrooms (1 large double, 1 additional double, 1 single)
Bathroom with bath, shower over bath, w.c. & wash hand basin

Tenure

We understand the entire premises are held on a secure renewable lease from a private landlady, the present lease expiring in May, 2021 at a rental of £26,000 p.a. exclusive of rates, fixed for the remainder of the term. We further understand the landlady is prepared to consider a surrender of the existing lease and the granting of a new 10 years full repairing and insuring lease at terms and rent to be agreed.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED BEAUTY SALON WITH SPACIOUS LIVING ACCOMMODATION IN THIS EXCELLENT TRADING POSITION

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote