Financial Details
Asking price: £60,000
Sales revenue: £156,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
• Owned and run by vendor in town for twenty seven years
• Re-located to current site three years ago
• Excellent local reputation developed over thirty years

REASON FOR SALE
• Alternative business priorities

PRODUCTS
• Range of hair care products used, mainly Paul Mitchell

SERVICES
• A stand alone beauty salon of which the vendor earns 35% of takings.
• A stand alone spray tanning booth of which the vendor earns 20% of takings.
• Hair styling for ladies, gentlemen and children
• Perming
• Colouring
• Highlighting
• Facials and Massages
• Manicures and pedicures
• Waxing
• Men’s treatments


CUSTOMERS
• Drawn from the outlying towns and cities
• Very mixed demographic

STRENGTHS
• Twenty seven year trading history in the town
• Modern airy premises in excellent order
• No immediate investment required
• Qualified staff
• Favourable rent and rates
• Income from beauty therapy concession
• Vendor would be prepared to work or assist within the business if required



DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through broker. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
General Information
Years established:27
Employees:Owner, 6 Stylists including 1 self employed, 2 Assistants and 1 Self employed beautician
Trading hours:• Mon 9am to 5pm • Tues - Fri 9am to 6pm • Sat 9am to 4pm
Property:Leasehold
Lease terms:Original Lease: 5 years Lease Remaining: 2 years Rent: £885 per month Rates: £330 per month
Location:• Central position in traditional Norfolk market town
• Large, spacious, first floor salon
• Easy parking within the town
Premises Details:• First floor salon
• Spacious former dance studio
• Four Wash stations
• Ten Styling stations
• Beauty Room
• Lounge
• Staff kitchen
• W/C
Expansion potential:• Expansion on beauty therapy side • Business development activity • Website development
Support & training:Vendor would be prepared to work or assist within the business if required
Reasons for selling:• Alternative business priorities
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