F/H or L/H Hair & Beauty Salon
Price:
Freehold - £350,000
Leasehold - £30,000
Location:
Nottinghamshire
Business Type:
Service Businesses
Advent Business Sales is delighted to have been instructed to offer to the market this extremely well established hair and beauty salon that was established 20 years ago by the current owner.
The vendor is reluctantly selling due to health reasons. She is prepared to sell the freehold together with the business or the business only leasehold with a first option to purchase the freehold at a later date, dependent on the wishes of a suitable purchaser.
The extensive premises have been refurbished throughout, they briefly include:
• Main salon with 5 work stations and 2 backwashes
• Reception counter
• Comfortable leather seated waiting area
• Tiled floor with a modern ambience
This leads to a side area which houses 2 backwashes.
To the rear is a kitchen and w/c leading to the rear garden.
• Beauty room currently let at a minimum rent of £200 per month or 25% of the take. The beautician averages £1200 per month takings on a part time basis.
Our client employs 2 senior stylists and 1 junior stylist.
REF: 9359NG
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Accounts Show: 2009 2008
Sale 55,525 52,708
Gross profit 47,951 44,728
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
Please complete the attached confidentiality agreement to ensure a prompt response to your enquiry
Disclaimer:
Viewing is essential to fully appreciate this business and strictly by appointment only through the agents.
N/B:
All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
Our client is located on the very busy main high street and highly travelled route into the main town centre of Sleaford. The locality benefits from both a high footfall and passing vehicular traffic.
The immediate area is populated by a range of commercial businesses both corporate and independent retailers.
The locality also has several air bases and many of the customers arriving at our client’s premises are wives of service men.
TENURE: Freehold or leasehold
Terms to be negotiated
Rent: £800 per month
We are advised that the annual business rates are currently:
On the first floor:
• Self contained fully refurbished 3 double bed flat, currently let at a rental of £125.00 per week
UK Non-Specific
£ 800,000
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