Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Long Established Hair Salon Bexhill, East Sussex For Sale

Bexhill-on-Sea, East Sussex, UK
Asking Price:
£16,500 Furniture / Fixtures and Inventory / Stock included
Turnover:
£45,000
Net Profit:
Available on request

A long established & well regarded salon in a small parade in a well-populated residential area with additional housing development currently in progress which will increase local trade going forward. Run by the current owner for the last 23yrs, the salon is very well presented and maintained with a nice eye-catching frontage and briefly comprises of the main salon area with 2 dressing out stations (room for 3) and a customer waiting area, and a further area to the rear with 2 back wash basins, 2 hood dryer stations, a customer cloakroom, and a fitted kitchenette with washing machine and a rear door to a small courtyard garden. Renewable lease, current rent only £4,400pa (no VAT). Run by owner only, with lots of scope to easily expand, we understand that the current turnover is in the region of £38,000-£40,000pa from limited relaxed trading hours with a good Net Profit, with very little costs & expenses. Genuine retirement sale, handover assistance provided.

Property Information

Property:

Leasehold

Lease Terms:

We understand that there is approximately 6 months remaining on the current 5 year renewable lease and we are informed by the current owner that the Landlords are prepared to grant a new 5 year lease subject to usual references. The current rent is just £4,400 per annum with no VAT.

Leasehold Rent:

£4,400 per annum

Location:

The premises occupies a good trading position in a small parade of shops in a well populated residential area of the attractive seaside town of Bexhill. It has been established as a hairdressers for over 25years and has been in the hands of the current owner for the last 23years and benefits from easy customer parking outside and from being on a good bus route.

Premises Details:

The salon has been nicely decorated throughout and is well presented with 2 main dressing out stations in the main area with large mirror together with further waiting area with seating for 3. At the corner of the entrance there is a reception desk area. This could be easily adapted to give additional dressing out station if desired. There is a further area to the rear with 2 back wash basins and 2 hood dryer stations with seating, together with a customer toilet.

To the other side there is a fitted kitchen with washing machine, and back door to a small courtyard garden. There is an additional storage area housing tumble dryer and stock cupboards and further room for coats & handbags etc, which could possibly lend itself to an area or workstation to introduce a nail bar.

The property is well maintained, and we understand that it has an internal repairing lease. There is good quality non-slip flooring throughout the salon.

Business Operation

Expansion Potential:

Large housing development being built so huge scope to expand and increase working hours

Reasons for selling:

Retirement

Employees:
We understand there is currently a self-employed nail technician that visits on Saturdays as and when required, but this part of the business could also easily be expanded if a new owner desired.
Years established:
23

Other Information

Related Documents:

Contact Adams & Co

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here