Beauty Salon in Surrey For Sale

Detached property, unopposed trading position, residential area, SURREY

Turnover £ 4,300
Price £50,000

Features

Well Fitted Beauty Salon

FORECOURT WITH PARKING FOR 3/4 CARS

5 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 735 ft² with laminated strip floor, suspended ceiling with LED spotlight. Air conditioning with hot air. Waiting area. Reception desk, EPOS till. Non surgical face machine.

Treatment room with beauty couch, sink, shower, towel heater & air conditioning
Treatment room complete with beauty couch, sinks, towel heater & air conditioning
Treatment room with beauty couch, towel heater & air conditioning
Treatment room complete with beauty couch, towel heater & air conditioning

Toilet with w.c. and wash hand basin

Fitted kitchen with washing machine.

Staff room, 2 tumble dryers plus stock cupboard

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,300 p.w. We are advised the turnerover for year ending April 2023 was £177,588 with a Gross Profit of £158,372 (89%)

Staff

The business is at present staff operated. 4 therapists, 2 receptionists

Trading Hours

5 Day week
TUESDAY & THURSDAY - 10 a.m. - 8 p.m
WEDNESDAY & FRIDAY - 10 a.m. - 6 p.m
SATURDAY - 9 a.m. - 4 p.m

Closed Sunday & Mondays

Outside

Rear yard with parking space for 1 car

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2019 with reviews every 5 years (next review 2024) at a current rent of £14,250 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2008 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 INCLUDING STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote