- Listing ID: 421834
- (Seller ref: 8159B)
Hair and Beauty Salon For Sale
Price Reduced
- Location:
-
- UK
- > England
- > Midlands
- > West Midlands
- Category:
- Type:
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Summary
- Asking price:
- £120,000
- Turnover:
- £283,754
- Net profit:
- £101,569
- Years established:
- 26 Years
Business description
Advent Business Sales have been instructed to offer for sale this highly desirable salon.
The salon has been established for the last 26 years and was part of a chain of 10 shops. Due to other business interest, the vendor has decided to sell them all and this is the last one he has put up for sale because it was the most profitable.
This substantial salon has 17 workstations and 5 back washes. There is also a beauty room, nail bar and teeth whitening area which are all rented.
Staff include:
• 11 stylists
• 1 part time (3 days)
• 2 part time (4 days)
• a cleaner
• 2 receptionists (1 full time, 1 part time).
There is a separate laundry room, toilets, staff room, small kitchen, an office and an extra room which could be rented or used. There is also a separate dispenser room used solely for making colours.
The business has a very healthy database of customers and has excellent takings and a high gross profit.The premises has just been completely redecorated which will include all new paving outside the salon plus the car park is being re tarmaced.
All equipment in the salon is included in the sale of the business.
ref:8159B
Property information
- Property:
- Leasehold
- Lease terms:
- TENURE: Leasehold
Original lease: 20 years
Remaining lease: 14 years
Review every: 4 years
Rent: £24,000
We are advised that the annual business rates are currently: TBC
- Living accommodation:
- BUSINESS PREMISES Ground Floor . Main salon . Teeth whitening room . Beauty room . Laundry room . Preparation room . Staff lockers . Office . Kitchen . Staff room . 2 x toilets External . Car park to rear allowing parking for up to 20 cars.
- Location:
- Our client is situated on a busy main road and benefits from a double shop front which makes the business highly visible. There is plenty of off street parking and a separate car park to the rear of the shop.
Situated in a densely populated area, the salon has a constant stream of customers, one would be pushed to find a more desirable location, just 5 minutes from the M6, the area is a very affluent part of Birmingham.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- > England
- > Midlands
- > West Midlands
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