Hair and Beauty Salon in Surrey For Sale

Situated in a Parade, excellent High Street trading position, office and commercial area, Surrey.

Turnover £ 4,500
Price £55,995

Features

Well Established Hair & Beauty Salon

5 DAYS OPENING

DOUBLE FRONTED, AIR CONDITIONED, PREMISES in the region of 1,400 ft², ALARM, CCTV (4 cameras)

Customer waiting area with sofas and coffee table.

Reception desk, electronic cash register, computer and sound system.

Display cabinets.

9 Cutting stations - with chairs, mirrors, foot rests and holders.

3 Back basins with chairs.

GHD straightening irons, Clymazone dryer.


2 Beauty rooms to the rear - Rented out £400 each p.c.m.

Customer cloakroom with toilet and wash hand basin.

Fitted kitchen / staff room - Cupboard, fridge, kettle, coffee machine, toaster, microwave, washing machine, tumble dryer, etc

Colour mixing station.

Stockroom.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. Sales year ending 2024 were £237,845, with G.P. of £86,122 (after wages).

Staff

The business is at present operated by the vendor with 2 full time and 2 part time stylists employed.

Trading Hours

5 Day week
TUESDAY - FRIDAY 9am - 6pm
THURSDAY CLOSING AT 8 pm
SATURDAY 9am - 5.30 pm
CLOSED SUNDAY & MONDAY
TREMENDOUS SCOPE, AND DEMAND, FOR LONGER OPENING.

Outside

3 parking spaces to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2019 with reviews every 5 years at a current rent of £28,500 p.a. until 28.09.25, then £33,500 p.a. until 28.09.26, thereafter increasing to £40,000 p.a. for the remainder of the lease.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2004

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £55,995 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 27,998 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote