Asking price: £17,500

Sales revenue: £38,700

Net profit: £12,700

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales has been instructed to offer for sale this well established and recently refurbished hair salon that has been trading for the last 38 years with the current owner being in ownership since inception.

The vendor is now reluctantly offering the business for sale as they plan to retire.

The business has 4 work stations, 2 backwashes, 3 dryers (with seating) and 1 portable drying station, a reception area and a staff area/kitchen to the rear.

The premises are spacious in that a re-fit or modernisation could comfortably allow for 2 or 3 nail stations, a spray tanning or vertical tan units as well as the work stations.

The business is staffed by the owner, who is the main hairstylist together with 3 part time staff.

REF: 9348LE


DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Trading hours: Mon: closed Tues: 9am – 4pm Wed: 9am – 12.30pm Thurs – Fri: 8.30am – 6pm Sat: 8.30am – 12.30pm Sun: closed

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 5 years Remaining lease: 2 years Review every: 5 years Rent: £3,600 We are advised that the annual business rates are currently: £500

Location
Our client is located within a very well established retail parade surrounded by a mixed stock of residential dwellings within the Western Park area of the city.

There is ample free customer car parking to the front of the premises.

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		Sales Particulars