Hair Salon in Kent For Sale

Situated in a parade, excellent trading position, sought after residential area, KENT

Turnover £ 2,900
Price £47,500

Features

Hairdressing Salon ~ Operated Under Management For 21 Years

5 DAYS OPENING

DOUBLE BOW FRONTED PREMISES in the region of 600 ft². Amtico flooring, spotlights. Customer waiting area with coffee table. Reception desk.

9 work stations with chairs & mirrors

3 backwash basins with chairs

Kitchenette with fridge, sink, cupboard, washing machine, tumble dryer, kettle.

Staff room with storage

Cloakroom with toilet and sink

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,900 p.w.

Staff

The vendor withdrew from personally participating in running the business in 2003, the salon is totally staff operated by the 4 part time stylists.

Trading Hours

5 Day week
TUESDAY - FRIDAY 9 a.m - 5.30 p.m
SATURDAY 8 a.m - 4 p.m

Tenure

The vendor owns the Freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £25,000 p.a. for the first 4 years.

Business Rates from April 2023 £1,164 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1988 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £47,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 23,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote