LADIES HAIR SALON - GOOD LOCATION

Price:

Leasehold - £24,950

Turnover:

Seller Ref:

trb.1480

Location:

West Midlands , West Midlands, Coventry

Business Type:

Service Businesses

See Other:

Beauty salons for sale in West Midlands
Hairdressers salons for sale in West Midlands
Service businesses for sale in West Midlands

Description:

THE BUSINESS:

The Business Partnership Coventry are proud to be selling this good sized, bright and spacious salon set in a busy shopping parade to the South of Coventry.

The salon takes more than £1k per week and has shown good growth over recent years. The salon is only managed by the Vendor, with 3 employees. Rental income from one beauty therapy room and rent-a-chair provide a revenue of circa £10k per annum!! Council lease at £7400pa.

This is an ideal first purchase opportunity with great potential for growth from the excellent base established by the Vendor.

Lease Terms:

The lease is through Coventry City Council, with 3 years remaining of a five year lease. Annual rent is at present £7,400 and rates approximately £1,800 per annum.