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Busy Village Hair Salon For Sale In Surrey

Bookham near Leatherhead, Surrey, United Kingdom

Financials

Asking price: £37,500

Sales revenue: £55,000

Net profit: £20,000

Fixtures value: £3,500

Stock value: £1,500

 

Business description
Well established business with loyal clientele.
Free parking on high street and surrounding area.
Thriving village with mainly independant businesses.
Fantastic community spirit which supports its village with great loyalty.
The salon is called The Cats Whiskers and is situated on the village High Street.

Years established: 8

Employees: 2

Trading hours: 10-6, 11-7.30, 10-6, 10-6,9-5

Property: Leasehold


Lease terms
15 year lease from 25th March 1997. 5 yearly rent review.Repairing lease (maintenance inside and out is tenants responsibility). Rent agreed at £6000 p.a. + VAT for remainder of the lease.

Location
Corner position at end of busy village high street. Located opposite beautiful village church. Near village cross roads with lots of passing cars and padestrians.

Expansion potential
Cannot be expanded

Competition / Market
There are other salons in the village however all are doing well.

Support & training
Current owner is happy to work along side new owner for a period of two weeks to aid hand over if required.

Reasons for selling
45 mile commute to work and wanting to spend more time with my daughter born July 07.


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