Overview
Description
HAIRDRESSERS, BEAUTICIANS & AESTHETICS
PRICE: OIRO £125,000 plus SAV – LEASEHOLD
LOCATION – AFFLUENT HIGH STREET – ESSEX
REF: B0040E
HAIRDRESSERS, BEAUTICIANS & AESTHETICS trading from an EXCEPTIONALLY WELL-PRESENTED PROPERTY that measures OVER 1,200 SQ FT and located in a HIGHLTY SOUGHT AFTER AREA on an AFFLUENT HIGH STREET – ESSEX LONDON BORDERS. The business has been OWNER ESTABLSIHED SINCE 2019 by our client who has built up an ENVIABLE REPUTATION amongst a REGULAR LOYAL CLIENTELE and only brings the business to market with a GENUINE REASON FOR SALE. Currently arranged as 6 X CUTTING STATIONS, 6 X MAKE UP STATIONS, 2 X NAIL STATIONS, 2 X BACK WASH & 4 X BEAUTY ROOMS that command HIGH RENTAL VALUES the business is being sold with a FULL COMPLEMENT OF EQUIPMENT. Annual takings in excess of £200,000 with a 65% GP MARGIN yielding adjusted NET PROFITS CIRCA £64,000. We are advised a NEW LEASE is available at an asking rental of ONLY £26,000 PER ANNUM exclusive and business rates payable are £6,000 per annum. The owner recognises there is HUGE SCOPE to increase revenues with the introduction of an ACADEMY WITH COURSES which the business can accommodate. We are delighted to be instructed as sole agents for the proposed sale of this business, which will be popular, so an EARLY VIEWING IS ADVISED to avoid missing out. Further information is available at ESSEX AND SUFFOLK BUSINESS SALES.
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