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Hairdressers And Beauty Salon For Sale

(Ref: M2664)

South London, London, United Kingdom

Financials

Asking price: £120,000

Sales revenue: £269,984

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
SPACIOUS SINGLE FRONTED BEAUTY SALON recently refurbished. Front reception area with reception counter. Customer's seating.

Nail Bar

4 Therapy Rooms each with electric couches, wash hand basins

Staff/customer's cloakroom with w.c. and wash hand basin
Storeroom

Employees: The business when trading is mainly staff operated. Staff employed 4 full time plus 2 part time staff.

Trading hours: When trading 8 a.m. - 9 p.m. seven days per week

Property: Leasehold


Lease terms
We understand the premises are held on a secure renewable lease for a period of 10 years from March, 2002 at a rental of £24,000 p.a. exclusive of rates, fixed for the remainder of the term. Uniform Business Rates: £5,500 p.a. approx. PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED

Location
Situated in a parade, sought after trading position, LONDON, SW

Expansion potential
WE ARE INFORMED the turnover last year showed in the region of £270,000 with only 3 therapy rooms. The business has recently re-opened having been closed for refurbishment. We are advised by the present owners that they have a data base of 400/500 clients.

Reasons for selling
To Include The Secure Lease, Goodwill, Fixtures & Fittings £120,000 Plus Stock At Valuation Substantial Loan To An Approved Applicant

Financing available
Substantial Loan To An Approved Applicant.


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