Asking price: £115,000

Sales revenue: £200,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
High class residential area. Beautiful modern fitted out shop. Website.included in sale. Advised turnover c£4,000 pw. Highly profitable. Scope for increase in takings. Rent £24,000 pa.

Property: Leasehold

Location
Location
Good residential area of SW London. Sited in the main shopping district close to shops, supermarkets, restaurants and bars attracting business to the area.

Business
Hair and Beauty Salon run by the current owners for the past 3 years having built up a fine reputation in the area for providing the latest treatments. Income derived as follows:
One girl working 3 days per week.
One girl working 4 days per week
One girl working 1 day per week.
Each girl takes on average £250 per day paying 60% to the salon.
The two owners work 5 days a week each taking on average c£250 per day.
One Beautician rents the basement treatment rooms 3 days a week paying £50 per day paying the Salon. (Currently under utilised).
Other employee costs approx. £1500 per month.

Hours
Tuesday to Sunday. Closed Monday.

Premises
Modern fitted lock up shop of Ground Floor and Basement, half glass frontage, tiled flooring and painted walls with modern reception desk in company colour and design.
Ground Floor: Hair Salon with work stations and backwash sinks.
Basement: Two treatment rooms.

Tenure
9 years remaining on lease (2011). (Advised within the Landlord and Tenant Act). Rent £24,000 per annum paid monthly (£2,000). Rates c£5,500 pa.