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Reference M5012
Turnover £ 5,000
Price
£110,000
Features
Well Fitted Beauty Salon Established 30 Years with Longstanding Clients and Staff - Rated 5* By Trustpilot
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
The Salon has CCTV and has been rewired and fitted with LED lights throughout.
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. 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
Good sized Bedroom
Fitted Kitchen
Second Floor
3 Bedrooms (1 large double, 2 further bedrooms)
Fitted 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 £110,000 plus STOCK AT VALUATION (£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 55,000 (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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