Hair Salon in Middlesex For Sale

Situated in a Parade, excellent trading position, residential and commercial area, Surrey/Middlesex boarders

Turnover £ 1,600
Price £75,000

Features

Well Established Hair Salon

6 DAYS OPENING


DOUBLE FRONTED ALARMED PREMISES - Engineered wooden effect flooring, Suspended ceiling with spotlights. CCTV (2 Cameras.)

Customer waitying area.

Reception desk with display cabinets, with floating shelves.

4 fully fitted cutting work stations.

Child 'novelty' cutting station.

1 back basin.

Kitchen area with cupboards, fridge, kettle, microwave.

Customer cloakroon toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,600 p.w. The sales year ending June 2023 show sales of £81,907 with a Gross Profit of £62,277 (76%)

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 9.30 am - 6 pm

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 2015 with reviews every 5 years (next review 2025) at a current rent of £10,000 p.a. plus vat

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote