Asking price: £59,950

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Established large hair and beauty salon, which has been trading successfully for the past 30 years.

The current vendor has been in ownership for the last 18mths and has overseen major refurbishments during this period and is selling due to a change of business.

The salon has achieved an enviable reputation for quality of work and has a large database of good class customers who regularly attend.

Years established: Over 30yrs

Employees: 2 part-time one self employed

Trading hours: Mon: closed Tues: 9am – 5pm Wed: closed Thurs 9.30am – 6.30pm Fri: 9am – 5pm Sat: 8.30am - 1pm

Property: Leasehold

Location
The salon is located in a sought after suberb North of Nottingham.

Expansion potential
Due to the owner only managing the salon, a new owner working in the salon would possibly increase client base, sales and net profit by a considerable amount. The salon offers further potential to increase business due to a sauna plus 2nd beauty room and small unit currently not being used.

Reasons for selling
Change of business.