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Reference M4399

Hairdressing Salon in West Wickham For Sale

Hairdressing Salon in West Wickham For Sale
Buy a Hairdressing Salon in West Wickham For Sale Sell a Hairdressing Salon in West Wickham For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, KENT WEST WICKHAM

Turnover 1,200
Price 35,000

Features

Old Established well Fitted Unisex Hairdressing Salon

The business, we understand has been in the same family for the past 25 years and there are genuine reasons for sale.

SPACIOUS DOUBLE FRONTED UNISEX HAIRDRESSING SALON with laminated strip floor & well equipped including 6 work stations with quality chairs & mirrors, 2 back basins with chairs. Reception desk plus seating for customers' waiting.

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 1,200 p.w. in our opinion offering tremendous potential for further devlopment in the right hands. We are further advised that the sales year ending 31st March, 2015 showed 60,541 with a gross profit of 46,263.

Staff

At present operated by a lady vendor with the assistance of a relative.

Trading Hours

Monday - 8 a.m. - 5.30 p.m.
CLOSED ALL DAY TUESDAY
Wednesday, Thursday, Friday & Saturday - 8 a.m. - 5.30 p.m. with the exception of Thursday when the business remains open until 7 p.m.
NO SUNDAY TRADING

Outside

Shared yard at rear with parking space for 1 car

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 2 years unexpired from December, 2016 at a rental of 12,500 p.a. exclusive of rates, fixed for the remainder of the term. We understand the landlords are prepared to consider a surrender of the existing lease and subject to satisfactory references granting a new longer lease at an initial rental of 14,000 p.a. exclusive of rates with rent revisions.

Uniform Business Rates: 288.56 pa at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 35,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 17,500 (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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