Profitable Beauty Salon on High Road Ilford

Price:

Leasehold - £39,995

Turnover:

Seller Ref:

BMA430

Location:

Essex , Ilford

Business Type:

Service Businesses

See Other:

Beauty salons for sale in Essex
Service businesses for sale in Essex

Description:

THE BUSINESS:

The salon is well proportioned with a modern design and fitted out to high standards. The salon offers manicures, pedicures, microdermabrasion treatments, massages and UV and spray tanning. There is good potential to increase sales and profits by offering other beauty and hairdressing services. Our client is now reluctantly offering the salon for sale to enable her to pursue an alternative unrelated business venture.

TRADING INFO
The salon has seen over 10 years of steady growth and it has a solid and stable average gross turnover of £2,000 per week, generating a gross profit of circa 60%

Location Details:

The salon occupies a prominent main road position on the High Road (A118) in Goodmayes, Ilford close to the junction with Goodmayes Lane. The Goodmayes Overground station is also in close proximity to the unit. Some multiples in the area include Self Storage, Aldi, Home Base and BP Fuel station.

Lease Terms:

The premises are held on a FRI lease for a term of 10 years commencing 2010 subject to 5 yearly rent reviews. The annual rent passing is £17,000.

Trading Hours:

he business currently trades Mon – Thurs 10am -7pm Sat 9am –6pm Sun 11am