Hair and Beauty Salon in Hampshire For Sale

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