Asking price: £85,000

Sales revenue: £208,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Prime site Earls Court. Attracting trade from throughout UK. Substantial beauty business plus introductin of Botox treatments. Highly profitable. Adv. t/o c£4,000 pw. Rent £40k pa.

Property: Leasehold

Location
Location
Busy main shopping parade in Earls Court area relying on trade from both within the district as well as from other parts of the UK.

Business
Hair Salon specialising in the supply of Wigs and Hair extensions, both male and female having built up a fine reputation in many parts of the UK bringing business to the salon from outside the district. The Beauty Salon section offers various treatments as well as massages and waxing. This business is just starting to offer a Botox treatment with a doctor coming in to provide this service. The business is operated by the owner with the assistance of 4 members of staff.

This is a very profitable business with advised turnover of c£4,000 per week working on a very high gross profit margin.

Hours
7 days a week.

Premises
Shop comprising Ground Floor and Basement with a glass frontage. On the Ground Floor retail area has a reception desk to the front with a nail station alongside and six hair stations. Separate area to the rear with 2 backwashes.

Basement is accessed via internal stairs leading to a reception area, two consulting rooms and shower room. Wash room, sink and washing machine, kitchen area and office.

Tenure
14 years remaining on lease (2008). Rent £40,000 with next review in 4 years. Rates c£2,500 pa.