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Business for sale in United Kingdom - 8441nn northamptonshire lh hair salon
| Asking Price: | 60,000 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 1 £ | ||||||||||
| Net Profit: | 1 £ | ||||||||||
| Year Established: | 2004 | ||||||||||
| Employees: | 5FT, 6PT | ||||||||||
| # of family members employed: | 1FT | ||||||||||
| Location criteria: |
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Business types:
Services
Business categories:
Beauty Parlors & Barbershops
Business description
THE BUSINESS Advent Business Sales are pleased to have been instructed to offer to the market this exceptional unisex hair salon which has been trading at its present location for the last 3 years following a total refurbishment. The vendor has reluctantly decided to sell due to her ill health. The business has a great ambience created by its modern setting with leather chairs, good sized mirrors and display shelves, ass positioned to produce a feel good factor within the salon. The business now has 8 modern stations, 2 back washes and 2 overhead dryers. The salon is now so popular that bookings must now be taken at least 3 weeks in advance and weekly takings are now 4,500 and still increasing. Our client is willing to assist during a hand over period to ensure a smooth transition. STAFF DETAILS The business is staffed by 6 full time (4 employed, 1 self employed and the vendor) and 6 part time staff (3 employed, 3 self employed). EXPANSION POTENTIAL To increase the number of clients further the opening times could be increased, also the number of hours the part time staff work could be increased or more part time staff employed. Prices within the salon itself could also be reviewed, as they are slightly lower than the rest of the area. TRADING HOURS Mon Wed: 9.00am 6.00pm Thurs Fri: 9.00am 7.00pm Sat: 8.30am 4.00pm FINANCIAL INFORMATION We have been advised by the vendor of the following: Weekly sales: 4,500 Gross Profit: 90% 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. BUSINESS PREMISES Ground Floor Double door entrance Salon with excellent ambience, leather chairs, spot lights and floor tiles 8 stations, 2 back washes and 2 overhead dryers 7 chairs for customers waiting Side door with kitchen w/c small storeroom and boiler
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | Not Disclosed |
| Reasons for selling: | due to her ill health. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
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| Lease: | yes |
| Lease terms: | Leasehold Original lease: 5 years Remaining lease: 1.5 years Review every: 5 years Rent: £8,880 per annum We are advised that the annual business rates are currently: £3,840 |
| Location: | The Business is located in a select arcade off the main shopping parade in the centre of an affluent market town in Northamptonshire. The immediate area is surrounded by a large number of complimentary businesses ranging from small independent stores to large supermarkets. There are several free of charge car parks to the rear of the shopping arcade and all are within a short walking distance. The town is accessed by the A45, A5 or the M1, which link to the nearby towns of Banbury, Rugby and Northampton. |
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