Hairdressing Salon and Beauty Salon in West London For Sale

Situated in a Parade, excellent main road trading position, residential and commercial area, West London

Turnover £ 2,300
Price £75,000

Features

Well Established Hair and Beauty Salon

6 DAYS OPENING

SINGLE FRONTED PREMISES, in the region of 475 ft², WITH ELECTRIC DOOR SHUTTERS, CCTV (4 cameras), tiled floor, suspended ceiling with spotlights.

Customer waiting area with sofa.

Reception desk. Telephone. Computer and card machine. Product display stand.

3 fully equipped cutting stations.

1 back basin.

Full equipped manicure station.

Full equipped pedicure station.

Semi private cutting station.

Treatment room - With bed, sore cupboard, etc.

Kitchen - Sink, fridge, washing machine, kettle, microwave.

Cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,300 p.w. with a Gross profit of 30% approx.

Staff

The business is at present operated by the Manager with 3 full time staff and 2 part time staff and the vendor's occasional participation.

Trading Hours

6 Day week
MONDAY - SATURDAY 10 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 15 years in 2014 with reviews every 3 years (next review 2023) at a current rent of £17,500 p.a.

Business Rates from April 2024 £1,240 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2010, AND OFFERED FOR SALE SOLELY DUE TO OWNER'S RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, 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