Hair Replacement Business – Award Winning – Based in Reading

  • Leasehold Price: £145,000
  • Annual Net Profit: £55,500
  • Annual Turnover: £223,000
Reading, Berkshire, England
Seller Ref:PT4890 / 87
For Sale

Hair Replacement Business – Award Winning – Based in Reading

Reading, Berkshire, England
Seller Ref:PT4890 / 87
  • Leasehold Price: £145,000
  • Annual Net Profit: £55,500
  • Annual Turnover: £223,000

Overview

Seller Ref: PT4890 / 87

Description

Award Winning Hair Replacement Business/Salon
Easy Transition from Hairdressing & Barbering + More Repeat Custom
Established – Genuine Reason to Sell
Reading, Berkshire
Fully Staffed – Manager in Place
Excellent, Fully Equipped Premises Circa. 917sq.ft / 85M²

An excellent opportunity to acquire an Established (since 2016) and Award-Winning Hair Replacement Salon with excellent turnover and profit levels. The business is fully staffed and enjoys a loyal base of repeat customers on a monthly basis.
Outstanding reputation, strong online presence and an extensive client list. Handover period with Training provided (subject to supplier training charge)

Price is negotiable.

Leasehold Terms:
The Newly Renovated (to the highest of standards) and Spacious Premises are held on a 10 year lease which, we are advised, expires on the 9th August 2031 (circa 7 years remaining) with a current rent of £13,000 per annum (£1083 per calendar month.) excluding VAT. Next Rent Review – June 2025.
Support and Training:
Vendor happy to offer an agreed upon handover period post completion to assist buyer with the transition.
Location Details:
Conveniently located in the heart of Reading, this bustling spot is close to the town centre and train station (3 Miles), as well as being easily accessible to the M4 and M25. With the added benefit of Elizabeth Line (1.5miles) and a nearby stop for the Reading Loop Bus. An ideal spot to serve all areas of the UK.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

Listed By:

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