Hairdressers Salons for sale in Plymouth

View the "STUNNING HAIR SALON – Plymouth Area" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Colin Morley (October 2016)
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Leasehold Price: £39,950 Annual Turnover: £100,000
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Business Description
• EXCELLENT HIGH STREET TRADING POSITION
• BUSINESS ESTABLISHED SINCE 2000
• SUPERBLY PRESENTED THROUGHOUT
• 7 STYLING POSITIONS AND 2 WASH STATIONS
• CONFIDENTIAL SALE
• OPPORTUNITIES SUCH AS THIS ARE RARE

LOCATION:
Confidential – please see below.

BUSINESS:
Adams and Co have been instructed to pursue the confidential sale of this stunning hair salon which occupies a prime High Street trading position in the Plymouth area. Superbly presented throughout, the premises accommodate 7 styling positions, 2 backwash stations and ancillary facilities comprising a colour preparation area, fully fitted kitchen and disabled friendly WC facility.

This is a top end salon, using only the best products and managed with the assistance of an I-Salon system.

More detailed information including location and financials will be released to interested parties upon completion of a form of confidentiality agreement and following an exchange with Adams & Co regarding background, reason for interest, financial position and ability to proceed.

Turnover, being the combination of owner’s takings from part-time working and share of takings of self-employed staff was close to £100,000 in the year ended 31 March 2017.

Rent is modest and running costs are low with no business rates to pay.

Opportunities such as this are rare and enquiries are sought from serious buyers only given the confidential nature of the sale.

YEARS ESTABLISHED:
Business originally established in 2000.

REASON FOR SALE:
The vendor, who wishes to continue working as a self-employed stylist in a part-time capacity, wants to pass on responsibility for the day to day management of the salon to a new owner, so she is able to enjoy more leisure time after having worked hard for many years.

STAFF:
In addition to the vendor column, there is one employed stylist and 4 x self-employed stylists on a takings split plus two other part-time employees (one of whom works Saturdays only).

OPENING HOURS:
The salon trades 5.5 days per week with 3 late nights.

BUSINESS PREMISES:
(all sizes are approximate & should be considered 'nominal'.)

The attractive trading position, the salon dimensions and the high quality equipment, fixtures and fittings can properly be appreciated only by a full external and internal inspection. However, a copy of the sales particulars, including photographs, will be released to approved applicants as described above.

Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.

PRIVATE ACCOMMODATION:
(all sizes are approximate & should be considered 'nominal'.)
None

LEASE TERMS:
A new lease will be made available to the purchaser. Rent of £950 + VAT per month is currently payable with an annual buildings insurance premium of £213.52 and service charge of £500 + VAT pa. Rent and service charge are paid quarterly. The current lease is drawn on internal repairing terms only.

ENERGY PERFORMANCE RATING:
Rating 79 Band D
Tenure: Leasehold

Listed by: Adams & Co
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