Summary
- Asking price:
-
£18,000
- Sales revenue:
- £800 weekly
- Cash flow:
- Available on request
- Years established:
- Many years
- Employees:
- Our client works only two days in the business – in addition to this there is a weekly wage bill for part time staff of £372 per week. A full time working owner could undoubtedly reduce this wage cost.
Business description
Lakey & Co are delighted to offer FOR SALE this excellent hairdressing business currently taking £800 per week with high gross profits. Current rent is £115 per week with secure lease. The business is situated in a busy heavily populated area with ample parking nearby and has a 50 / 50 split male /female. This would be an excellent first time business venture for someone looking to establish their own business or could be integrated in to an existing chain of shops.
An excellent, profitable business which should be viewed quickly to be appreciated.
Property information
- Property:
- Leasehold
- Lease terms:
- 15 year lease from November 2008 with 5 yearly rent reviews
- Leasehold rent:
- £6,000 per annum
- Living accommodation:
- The premises are lock up and there is no living accommodation.
- Location:
- This hairdressing business benefits from a good location and high footfall within Southwick which is a densely populated suburb of Sunderland. There is close access to Sunderland City Centre and to the A1231 in turn leading to the A19. Southwick itself is a bustling centre benefitting from ample shops, facilities and other amenities.
- Premises details:
- The shop occupies the ground floor of a brick built property with pitched tiled roof. The relatively modern shop has two large display windows to either side of a glazed entrance door. There is a fascia board over the front of the shop. The shop is reasonably well fitted and maintained with an extensive range of trade fixtures and fittings. There are currently 8 cutting stations and 3 back washes.
Other information
- Competition / Market:
- The business operates within a healthy competitive environment and there are other hairdressing businesses in the locality. This competition has worked to our client’s advantage as they have successfully established a competitive price advantage over their competitors.
- Support & training:
- Our client will ensure a smooth and seamless handover.
- Trading hours:
- Mon, Tue, Thu, Fri, Sat: 9.00 – 5.00 Wed, Sun: CLOSED.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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