Detached Hair and Beauty Salon in Hampshire For Sale

Main road trading position, sought after residential area, HAMPSHIRE

Turnover £ 4,500
Price £87,500

Features

Spacious Detached Hair and Beauty Salon

Customer parking in the front of the Salon for 5 cars.

5 DAYS OPENING

PRESTIGIOUS PREMISES in the region of 1,600 ft².

Front entrance to spacious Hairdressing Salon and Beauticians with attractive industrial non-slip vinyl floor plus partly laminated strip floor, high ceiling with hanging lighting and spot lights. Superbly fitted including 4 workstations with mirrors, quality chairs, 3-back basins, processor for colouring, 2 pedicure chairs, 2 nail bars.

Reception desk with telephone, computer and printer.

Customer waiting area, 2 sofas and table.

4 fully equipped manicure stations and 2 pedicure chairs.

Hair product mixing area, wash hand basin.

3 Treatment rooms each equipped with;

Beauty couches and waxing stations. Treatments include microdermabrasion and non surgical facial procedures.

Customer cloakroom with toilet and wash hand basin.

Kitchen / staff room with cubboard, sink, fridge, microwave, kettle.

Utility area with washing machine, tumble dryer, boiler.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w.

We are advised sales year ending 2024 showed turnover, net of Vat, £181,000 p.a. Gross Profit £154,000

Staff

The business is at present staff operated. Staff employed 1 part time manageress/stylist, 2 additional stylists and , 3 beauty therapists.

Wages paid £2,000 p.w.

It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Trading Hours

5 Day week
TUESDAY 9 a.m. - 5.30 p.m.
WEDNESDAY & THURSDAY 11.30 a.m. - 7.30 p.m.
FRIDAY 9 a.m. - 5.30 p.m.
SATURDAY 8.30 a.m. - 4.30 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2021 with reviews every 5 years at a current rent of £16,000 p.a.

Business Rates from April 2025 £2,309 approx. with small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE DECEMBER 2021 AND OFFERED FOR SALE DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £87,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 43,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote