Asking price: £25,000

Sales revenue: £48,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Preferred Commercial is delighted to offer for sale this very busy hair and beauty salon, which was established in 2007 and has been in our client's hands since June 2008. It is now being placed on the market due to family commitments. The salon has the benefit of 6 work stations, 3 wash stations and is fitted to a very high standard with modern décor. Our clients have spent over £24,000 on modernising the salon since the business was acquired. During the time the business has been in our client's hands it has gained a 5 Star salon award from The Good Salon Guide and has also gained a Photographic Award. It is now ready for a new owner to drive this well respected business still further. There is scope to add further beauty rooms or possibly sun beds, which would increase turnover. Preferred Commercial recommend viewing this excellent business as only by doing so can its true potential be fully appreciated.

Trading hours: Mon - Wed: 9.30am - 5.30pm Thurs - Fri: 9.30am - 7.00pm Sat: 9.30am - 4.00pm Sun: Closed

Property: Leasehold

Lease terms
Original length: 10 years Remaining length: 7 years Review: Every 3 years

Location
This professional hairdressing and beauty salon is located in a fashionable district of Middlesborough. The salon lies close to the university and a busy main road with mainly independent businesses surrounding it. The business draws its trade from the wealth of clients that have been built up over the years as well as passing traffic.