Summary
- Asking price:
-
£60,000
- Sales revenue:
- £234,000
- Net profit:
- Available on request
- Employees:
- The business is staffed by 6 full time (4 employed, 1 self employed and the vendor) and 6 part time staff (3 employed, 3 self employed).
Business description
Advent Business Sales are pleased to have been instructed to offer to the market this exceptional unisex hair salon which has been trading at its present location for the last 3½ years following a total refurbishment.
The vendor has reluctantly decided to sell due to her ill health.
The business has a great ambience created by its modern setting with leather chairs, good sized mirrors and display shelves, ass positioned to produce a feel good factor within the salon.
The business now has 8 modern stations, 2 back washes and 2 overhead dryers.
The salon is now so popular that bookings must now be taken at least 3 weeks in advance and weekly takings are now £4,500 and still increasing.
Our client is willing to assist during a hand over period to ensure a smooth transition.
ref:8441NN
Property information
- Property:
- Leasehold
- Lease terms:
- TENURE: Leasehold
Original lease: 5 years
Remaining lease: 1.5 years
Review every: 5 years
Rent: £8,880 per annum
We are advised that the annual business rates are currently: £3,840
- Living accommodation:
- BUSINESS PREMISES
Ground Floor
- Double door entrance
- Salon with excellent ambience, leather
- chairs, spot lights and floor tiles
- 8 stations, 2 back washes and 2 overhead dryers
- 7 chairs for customers waiting
- Side door with kitchen
- w/c
- small storeroom and boiler
- Location:
- The Business is located in a select arcade off the main shopping parade in the centre of an affluent market town in Northamptonshire.
The immediate area is surrounded by a large number of complimentary businesses ranging from small independent stores to large supermarkets. There are several free of charge car parks to the rear of the shopping arcade and all are within a short walking distance.
The town is accessed by the A45, A5 or the M1, which link to the nearby towns of Banbury, Rugby and Northampton.
Other information
- Expansion potential:
- To increase the number of clients further the opening times could be increased, also the number of hours the part time staff work could be increased – or more part time staff employed. Prices within the salon itself could also be reviewed, as they are slightly lower than the rest of the area.
- Trading hours:
- 6 Days a Week
- Financing available:
- Please let us know if you require finance for the purchase of a business.
- Related documents:
-
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.