Asking price: £240,000

Sales revenue: £348,400

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This profitable business operates as a wholesale supplier of a comprehensive range of hair products, salon equipment and furniture as well as salon clothing and currently operates within a 30 mile radius of its base. Full details on request.

Years established: 8 years

Employees: The owner runs the business supported by two family members.

Trading hours:  7.30am to 5.00pm Monday to Friday inclusive.

Property: Leasehold

Lease terms
The vendor advises that the premises are presently occupied on an informal basis at an annual rent of £3,975 but the landlord would be prepared to grant a new lease to a suitable purchaser on terms to be agreed.

Location
The business operates from a good location on the main road leading into this major east coast resort town on the Suffolk/Norfolk border.

Expansion potential
Much scope for more business in the existing area of operation as growth to date has been largely by reputation with little marketing or advertising. Further growth could be made in the beauty product field and the business could also benefit from a website and weekend opening.

Competition / Market
There is little competition actually based in the area.

Reasons for selling
The owner now wishes to pursue other interests.