Asking price: £29,950

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Old Swan, Liverpool

Long Established

Nail Bar

Beauty Rooms

Busy Main Road

Sunbeds

Leasehold

Business History:
The business has been trading for many years as a Hair and Beauty salon. The vendors have developed the premises into a well presented salon. The hair salon is situated on the ground floor on the 1st floor there is a nail room which is currently let at a rental of £75.00 per week and also a beauty room which is currently let at £100.00 per week. The premises also has a staff room and kitchen facility.

Business Profile:
The business has been trading as a Hair & Beauty salon for two years offering a wide range of services to a high standard by the experienced stylists and beautians overseen by the owner/management.

Shop Floor:
Wooden flooring, suspended ceiling, fluorescent lighting. 6 cutting chairs, 2 back washers.

Kitchen:
Stainless steel sink and drainer, cabinets.

Nail Room:
Currently let at £75.00 per week.

Beauty Room:
Currently let at £100.00 per week.

Wc:
Hand wash basin, toilet.

Staffing:
5 x full time. 1 x full time owner/manager.

Fixtures & Fittings:
A full schedule of fixtures and fittings will be made available to any interested parties.

Legal Cost:
Each party will be responsible for their own legal costs incurred in this transaction and jointly for any landlord fees if applicable.

Trading hours: Opening Hours: 9.00am - 5.00pm Monday to Saturday. 9.00am - 7.00pm Friday. Sunday closed.

Property: Leasehold

Lease terms
Financial Profile: The vendors will be pleased to discuss all financial aspects of the business with prospective purchasers. This business is VAT registered. Tenure: Leasehold. 5 year lease from 2006. Rent £20,000 per annum. The vendor advises that the landlord will be pleased to negotiate a new lease. Jolley & Co. have not examined any lease documentation and a buyer must arrange for their solicitor to verify that this information is correct. Uniform Business Rates: Liverpool City Council have verbally provided the following information: Rateable Value £8,700. Rates Payable 2009/10£4,184.70. Small Business Rate Relief may be claimable upon application. Price: Leasehold. £29,950 for goodwill, fixtures & fittings plus SAV.

Location
Location:
The premises benefit from a main road location in Old Swan, Liverpool opposite the library and next door but two to Home & Bargain. There are many businesses in the area including , Dreamlight and Ethel Austin, Tesco, Boots, HSBC, Barclays, Peacocks and many others. The business benefits from its high volume of passing trade.