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Reference M5043

Hairdressing Salon in West Sussex For Sale

Register to see map and to make an appointment Sought after village residential area MID SUSSEX LOCALITY

Turnover 2,500
Price 70,000

Features

Attractive Ladies' Hairdressing Salon

SINGLE FRONTED LADIES' HAIRDRESSING SALON. 5 work stations each with mirror & chair. 2 Climazones. 1 manicure/pedicure table. 3 back basins with chairs plus additional 4 work stations (mainly used for colouring).

Kitchen
Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 2,500 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the net profit is in the region of 50,000 p.a.

Staff

At present operated by a lady vendor with the assistance of 2 part time stylists.

Trading Hours

Monday, Tuesday, Wednesday & Friday - 9 a.m. - 5.30 p.m.
Thursday - 9 a.m. - 7/8 p.m.
Saturday - 8 a.m. - 4 p.m.
NO SUNDAY TRADING

Tenure

We understand the permises are held on a new 10 years full repairing and insuring lease from 21st December, 2020 at an initial rental of 10,000 p.a. exclusive of rates with rent revisions. PLEASE NOTE THE TRANSFER OF THE LEASE IS SUBJECT TO THE LANDLORD APPROVING REFERENCES AND WE FURTHER UNDERSTAND THE LANDLORD WILL REQUIRE A 5,000 RENT DEPOSIT.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS 70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 35,000 (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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