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Flagship Hair & Beauty Salon In Leeds Centre For Sale

Leeds, West Yorkshire
Asking Price:
£625,000 Furniture / Fixtures included
Turnover:
£200K - £500K
Net Profit:
Available on request

Confidential Business Sale:
- Currently trading business
- NDA will be sent to enquiring parties before full information is provided
- Proof of buyer affordability may be required
- Recent price change after professional valuation on 25/09/17

Summary:
Top-Rated, Flagship Hair and Beauty Salon in Leeds City Centre For Sale. Being sold as a staffed, going concern. Owner-Manager is not a service provider (ie is not a Hair Stylist or Therapist), so no revenue will be lost due to change of ownership.

Currently:
- 4 Full Time Hair Stylists (Capacity for 13)
- 1 Private Hairdressing Room
- 4 Full Time Beauty Therapists
- 3 Treatment Rooms
- Potential for 4th Treatment Room
- Boutique with 2 Makeup Artists
- Circa 8,000 sqft

Facts & Figures:
- Financial Year Jan-Dec
- First 6 months of this year, turnover of over £200,000
- Assets and stock worth over £185,000
- Huge Growth Potential
- Potential Turnover with full staffing of £1,650,000

Extremely Low Rent:
- £1,000 per month until Feb 2018
- £15,000pa 2018 - 2019
- £25,000pa 2019 - 2020
- £30,000pa 2020 - 2021
- £35,000pa 2021 until expiry in 2028

Other Notes:
- Supplied completely debt-free, with no outstanding invoices at date of transfer, VAT or PAYE
- Price includes stock, fixtures, fittings and so on
- Client database of circa 10,000
- Priced fairly based on quantifiable physical assets and current turnover
- Huge individual salon and brand potential
- Extremely good reputation

More information available upon request, please contact seller below for further details.

Property information

Property:

Leasehold

Lease Terms:

See main description.

Location:

Leeds City Centre, in a beautiful historic shopping arcade just off Leeds' busiest and main shopping street. Prime location.

Premises Details:

Very large premises, incorporating a boutique, 2 hair dressing areas, a private hair dressing room, stock room, 2 staff rooms, a spa with 3 treatment rooms and an additional room which could be a 4th treatment room. Spread over 3 floors.

Size in square feet:
8,000

Business Operation

Expansion Potential:

Potential to double staffing levels without additional investment. Potential to create an additional Treatment Room. Potential to maximise product sales.

Trading hours:

We only close New Years Day, Easter Sunday, Christmas Day and Boxing Day. We open 3 late nights per week.

Employees:
11
Years established:
1

Other Information

Support & training:

Any required.

Contact Seller

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