Hair & Beauty Salon in West Midlands For Sale

Situated in a parade, main road trading position, BIRMINGHAM

Turnover £ 700
Price £29,500

Features

Hair & Beauty Specialising In Afro and European Hair (treatments and Extensions)

4 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 425 ft², WITH ELECTRIC SHUTTERS - CCTV, Air conditrioned (warm air facility), tiled flooring, suspended ceiling with led lighting (colour changing facility), recently rewired.

Customer waiting area, round coffee table with storage,

Reception desk, with computer, display cabinet, commercial tankless water heater.

Equipment included:

3 styling chairs, 3 tall mirrors with side storage, Scissors, Hair Frequency Machine to promote hair growth, Clippers, Blow dryer, Straighteners, Curlers, Hot iron oven, facial steamer, nail polish, nail dryer, ring light,
1 back basin.

Pedicure foot spar and massage station.

Wall mounted shelves, Stand. Glass display cabinet, Acrylic display shelves,CCTV, Shower,

Back room used for treatments, facials, waxing and massage,

Storage/display Hot iron oven, Hair extensions, Wigs

Cloakroom with toilet and wash hand basin.

Kitchen area, sink, microwave and storage.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £700 p.w.

Staff

The business is at present operated by the lady vendor

Trading Hours

4 Day week
Wednesday - Saturday 10:30am - 6:30pm

Outside

Shared Yard with parking space.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £10,560 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm) plus WATER RATES (METERED).

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £29,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 14,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote