Staff run Hair and Beauty Salon in Surrey For Sale

Semi-detached property, excellent trading position, residential area, affluent picturesque village, SURREY.

Turnover £ 6,000
Price £105,000

Features

Long Established, 100% Staff Run, Hair & Beauty Salon

Street parking available for customers

5 DAYS OPENING.

DOUBLE FRONTED PREMISES 2 Doors in the region of 1,400 ft². Laminated strip floor. Reception desk, EPOS till. CCTV system (1 cameras, 1 monitor)

LADIES HAIR SALON 9 work stations with chairs & mirrors

SHAMPOO ROOM with 3 back basins (Wella fitted) and Dispensary.

Laundry room with washing machine, tumble dryer

Separate private areas include - Staff room, Toilet with wash hand basin.

BARBERS SALON - 3 positions

BEAUTY SALON - 2 Treatment rooms both with electric couch and separate Nail Room.

Toilet with w.c. and wash hand basin

Kitchenette

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. HUGE scope and potential for a working owner or investor.

Staff

The business has entirely been operated by the staff since the vendor's retirement in 2019 from his hands on hairdressing, now the vendor wishes to retire completely giving an opportunity for the new owner to take over this long established and well regarded business.

Present staff employed: 2 full time, 3 part time sylists, 1 beauty therapist, 1 nail technician, 1 junior. All employees have over 6 years service to this company. The wage bill averages £2.800 pw this includes drawings from the vendors of £700 who does not work in the salon.

Trading Hours

5 DAYS per week 9 a.m. -5.30 p.m.
CLOSED Tuesday/Sunday.

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 January, 2023 with reviews every 5 years (next review 2028) at a current rent of £16,600 p.a.

Business Rates from April 2025 £4,000 approx. after small business relief. (Please contact local authority to confirm)

OFFERED FOR SALE SOLELY DUE TO OWNER'S NOW COMPLETE RETIREMENT FROM THE BUSINESS

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £105,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 52,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote