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(REF: M2968)  Hair Salon
 
Seller Reference: M2968
B4S Reference: 21150
Asking Price: £89,950
Net Profit: Undisclosed
Sales Revenue: £234,000
Number of Staff: 2
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Essex, the East of England, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : SUMMARY:

• PRICE (LEASEHOLD) £89,950
• GROSS PROFIT 85%
• TURNOVER £4,500p.w.
• OWNERS ACCOMMODATION CURRENTY RENTED FOR £800 P.C.M.


DESCRIPTION:

Double fronted with electric shutters, Air conditioned with hot air, laminated strip floor, suspended ceiling with concealed lighting, Reception area with counter, computuer (invoicing/appointments) sofa, 2 arm chairs.

2 treatment rooms (1 let providing an income of £433.33 p.m).

2 Back basins, 7 Work stations with mirrors, 1 portable hood dryer, 4 Hairdryers, Taka Belmont roller ball, perm rods, etc,..
• Stock room / Store room.
• Staff kitchen area.
Ladies & Gentlmens toilet
Staff toilet

WE ARE INFORMED by the vendor the turnover averages £4,500 p.w. Gross profit 85% approx. We are further advised the sales year ending March, 2009 showed £157,242 with a gross profit of £135,006 and a net profit of £64,207.

We understand the premises are held on a secure renewable lease from the private landlord for a period of 12 years and currently has 2 years unexpired next review in 2 years with reviews every 5 years at a rental of £30,000 p.a.

Uniform Business Rates: £7,150 p.a. approx.

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £89,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to maisonette with Gas Fired Central Heating in good condition, at present let on a shorthold tenancy providing a rental income of £800 per month.
• 3 Bedrooms (2 doubles, 1 Single).
• Bathroom with bath, w.c. and wash hand basin.
• Dining Room.
• Lounge.
• Fitted Kitchen.

Paved patio area
 
  Location: Situated in a Parade, excellent High Street trading position, residential, office and commercial area, Essex.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Monday, Tuesday, Thursday & Saturday - 9 a.m. - 6 p.m.
Wednesday - 9 a.m. - 8 p.m.
Friday - 9 a.m. - 7 p.m.
Sunday 10 a.m. - 4 p.m.
  Summary of Staffing   
  The business is at present operated by the vendor, with the assistance of 2 full time staff and 2 part time staff
• We are informed the wage bill averages £800 per week approx.





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