Asking price: £20,950

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: £3,000

Stock value: Undisclosed

Business description
This salon trades from a conveniently located site in the main parade of shops in this densely populated residential estate to the north West of Nottingham City Centre. The rent is reasonable for what is a good sized salon with ‘Beauty Room’ potential. There is a genuine reason for the sale of the salon which has traded here for in excess of 30 years. A very realistic asking price of £20,950 is sought for the business.

Years established: The salon was established over 30 years ago, and has been in the current ownership for 10 years.

Employees: Owner, 2 part-time stylists and a trainee.

Trading hours: Closed on Monday. Opens at 9am and closes between 3pm and 7pm, Tuesday to Saturday, in line with client demand.

Property: Leasehold

Lease terms
A 10 year renewable lease is currently held.

Location
The salon is situated in the main shopping parade of this busy local shopping centre.

Expansion potential
There is the potential to add a beauty room.

Competition / Market
None in the immediate area.

Reasons for selling
The owner of many years is looking to retire.