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Award Winning Hair Replacement Business In Reading For Sale

Reading, Berkshire, UK
Asking Price:
£145,000
Turnover:
£223,000
Net Profit:
Available on request

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. 917 sq. ft. / 85 m2.
This is 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)
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.

Price Negotiable.

* Monthly Free Cashflow: Undisclosed
* Premises Details: Reception (Circa. 373 sq. ft./34 m2) Beautifully presented and modern, with reception desk, drinks bar, lighting and studio sound system. Salon Software System (circa. 500 client details), product display.
Treatment Room 1 (Circa): 53 sq. ft. (5 m2), Treatment Room 2 (Circa): 53 sq. ft. (5 m2); and Private Treatment Room 3 (Circa): 129 sq. ft. (12 . m2), all with Excellent Workstations, accessories, product displays and Installed Air conditioning Units.
Kitchenette / Staff Room (18 m2) Fitted Cupboards, washing machine, tumble dryer, fridge, sink, staff lockers, communications cupboard with installed CCTV and more.
Office (Circa, 167 sq. ft., 16 m2) excellently equipped and decorated. Installed Air conditioning Unit.
Cloakroom (wash basin & toilet). Stockroom (Circa. 103 sq/ft, 10 m2)
Rear: leading into a car park. 2 Dedicated Parking spaces.
* Sector: Service
* Industry: Healthcare & Beauty
* Owned Since: 2016-12-01
* EPC: C-73, 1st October 2030
* Looking For: Leaseholder
* Business Started On: 2016-12-01
* Lease 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 August 9, 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.

Property Information

Property:

Leasehold

Business Operation

Reasons for selling:

An accident experienced by the owner at the end of 2022. Who is now incapable of continuing to work on hair.

Trading hours:

5 days a week, Tuesday to Saturday - 9am and 8:30pm.

Years established:
7