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Well Established Attractive Hair And Beauty Salon For Sale

North London, London, UK
Asking Price:
£140,000
Turnover:
£299,000
Net Profit:
Undisclosed

ESTABLISHED 2006

EXCELLENT HAIR SALON in the region of 300 sq ft. approx. (28 sq.m) with real wood flooring, chandelier. Reception desk, till. Waiting area.

6 work stations with mirrors & chairs, 2 back wash basins. Display shelving, cutting tools, dryers.

3 Beauty rooms with laminate floor. The beauty rooms are currently let & providing a rental income of £640 each per month totalling an annual income of £23,000

Kichen area

Shower room

Cloak room with toilet and wash hand basin

LOCATION: Situated in a parade, busy road, desired NORTH LONDON LOCALITY

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £5,750 p.w. in our opinion having potential to increase with additional opening hours. We are advised sales year ending 31st July, 2024 showed £268,761 with a gross profit of £251,537.

STAFFING: At present operated by the vendor one day a week with the assistance of 2 full time plus 1 part time staff. We are informed the wage bill averages £1,250 p.w. approx.

PRICE: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus ASSETS plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold