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Reference M3804

Unisex Hairdressing Salon, Mill Hill region in Middlesex For Sale

Unisex Hairdressing Salon, Mill Hill region in Middlesex For Sale
Unisex Hairdressing Salon, Mill Hill region in Middlesex For Sale Buy a Unisex Hairdressing Salon, Mill Hill region in Middlesex For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, densely populated area NORTH WEST LONDON

Turnover £ 2,500
Price £55,000

Features

Well Established Unisex Hairdressing Salon

Outstanding opportunity to acquire a modern attractive Salon that is well established and has been trading for over 25 years. This respected Hairdressing Salon we understand has an excellent reputation for good hairdressing, staff relations & training.

DOUBLE FRONTED SALON with laminated woodstrip floor, ceiling with spotlighting. Large reception desk. 4 armchairs for customers waiting. 8 work station with incorporated mirrors & chairs. 2 back basin units. Attractive white décor with modern black & wood furniture & fittings

Rear kitchen area with sink & drainer
Cloakroom with w.c. and wash hand basin

Turnover

WE ARE INFORMED the turnover is between £2,000/£3,000 p.w. we understand achieved through regular clients, many recommendations & passing trade. In our opinion there is terrific potential to increase the turnover, especially with newspaper advertising etc. We understand there has been no determined marketing campaigns for many years. We are further advised that the sales year ending 31st March, 2017 showed £101,860 with a gross profit of £98,139.

Staff

At present operated by 4 stylists including the vendor plus 1 casual part time staff employed.

Trading Hours

Monday - Saturday inclusive - 9 a.m. - 6 p.m.
The business is also closed on all Bank Holidays

Accommodation

Please note that should accommodation be required a 2 bedroom flat over the premises with separate entrance that is at present let and could possibly be made available at a rent to be agreed.

Tenure

The vendors own the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £14,600 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: NIL after 100% small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 25 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 27,500 (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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