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(REF: KT001136)  Modern Hair And Beauty Salon - SE London
 
Seller Reference: KT001136
B4S Reference: 28309
Asking Price: £45,000
Net Profit: Undisclosed
Sales Revenue: Undisclosed
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Undisclosed, South East London, United Kingdom
  Business Summary   
  BUSINESS  
The business was established by the present owner in 1989 in another local salon and moved into these premises in 2005.
A full range of unisex hairdressing services and beauty treatments are offered, including colouring, perms, hair extensions, nails, facials, massage, electrolysis, waxing, manicure and pedicure. In addition, the salon retails a good range of hair and beauty products.
The clients are of varying ages, 90% Ladies and 10% Gentlemen.
There is also an attractive and effective website included in the sale.
 
BUSINESS PREMISES  
This stylish salon is presented to a high standard and arranged as follows:
Outside - the premises enjoy a fully glazed frontage with double-glazed, entry doors and an eye-catching fascia board above.
Inside - the hair salon (5.7m x 10.7m) has an attractive tiled floor throughout, down lights, a glazed product display unit, 2 sofas, a low table, 2 air-conditioning units, 8 hairdressing workstations, 3 backwash, 2 Climazon, a nail bar and a reception desk with a PC and electronic till.
Stock Room - with a sink and shelving.
Office - with a desk.
WC - with a wash hand basin, an electric hand dryer and a cupboard with an immersion heater. Staff Room - with a washing machine, a tumble dryer, a sink and worktop, a microwave and a fridge.
Room 1 - (2.8m x 2.5m) with a couch, a wash hand basin, an air-conditioning unit and a walk-in shower cubicle, connecting to:
Beauty Room 3 - (3.5m x 1.7) with a couch, a wash hand basin and an air-conditioning unit.
Beauty Room 2 - (3.1m x 3.9m) with a wash hand basin and a couch.
A door to the rear of the salon leads to a passageway, with an external door to the rear of the property.
Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.

OUTSIDE:
To the rear of the property, there is car park with 3 spaces designated for the shop. An additional rent of £140 pcm is paid, for the benefit of this parking area.
 
TENURE  
The property is held on a secure 25-year lease from 2005 with five-yearly rent reviews.
The current rent payable is £25,000 pa plus VAT.
 
RATES  
The current business rates payable are £7,500 pa.
 
TRADE  
The turnover shown in the certified trading accounts is as follows:
Y/e 31 March 2007 £206,962
Y/e 31 March 2008 £214,191
Y/e 31 March 2009 £205,991
Y/e 31 March 2010 £212,205
Please note that all figures above exclude VAT.
 
HOURS  
Monday Tuesday Wednesday 9.00am - 6.00pm
Thursday and Friday 9.00am- 8.00pm
Saturday 9.00am - 6.00pm
Sunday CLOSED
 
STAFF  
STAFF:
3 full-time stylists
2 full-time juniors
2 part-time stylists
2 part-time self-employed beauticians
1 owner full-time
 
STOCK  
STOCK:
The Vendor informs us that the value of the stock is approximately £5,000
 
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No





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