Hair & Beauty Salon in Reigate For Sale

Situated in a parade, excellent main road trading position, residential area, free parking bays to the front and side, SURREY. REIGATE

Turnover £ 1,800
Price £52,000

Features

Unopposed Hair & Beauty Salon

4 DAYS OPENING

DOUBLE FRONTED PREMISES 370 ft² with awning. Ceiling with spot lights, newly fitted laminated strip floor. The salon is well equipped including reception desk. 2 chairs for customers waiting. 3 work stations with mirrors & chairs, 1 back basin (new 2020) with chair, 2 wall heaters and portable air conditioning unit.

Well fitted BEAUTY ROOM with Microdermabrasion Machine, Thermo Therapy machine, fully adjustable massage table, pedicure, waxing, eyelash tinting & reshaping station.

Toilet with w.c. and wash hand basin.

Kitchen with washing machine and dryer.

Turnover

We are advised sales year ending 2021/2022 showed £77,702. Net Profit £51,336.

Staff

The business is at present operated by the vendor with the assistance of 1 part time stylist (2 days) & the assistance of 1 part time beautician (Saturdays Only).

Trading Hours

4 Day week
WEDNESDAY & SATURDAY 9am - 5pm
THURSDAY 11am - 8pm
FRIDAY 9am - 6pm

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 2021 with reviews every 5 years (next review 2026) at a current rent of £8,400 p.a.

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

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £52,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 26,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote