Financial Details
Asking price: £35,000
Sales revenue: £72,800
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
Advent Business Sales are delighted to offer for sale this delightful, established salon with excellent development potential.

The business was acquired by the vendors as an existing salon some 21 years ago, and is now being sold to allow retirement plans to be fulfilled.

The business is run by the owner for 3 or 4 days during the week, with additional hours as required. In addition, she is supported by 2 part time stylists, 2 shampooists and also 2 Saturday girls.

The salon appeals to a wide client base, mainly ladies, but also gentlemen and children. Colouring and perming is undertaken.

The Salon’s clients are loyal and travel from towns and villages beyond St Albans.

The Salon is equipped to an excellent standard and is spacious and airy with minimal additional investment required.
REF: 9473AL





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 Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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
Trading hours:Mon, Tue & Thurs: 9.00am – 5.00pm Wed: 9.00am – 1.00pm Fri: 9.00am – 7.00pm Sat: 9.00am – 4.00pm
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: 10 years Remaining lease: 5 years Review every: 5 years Rent: £8,000 We are advised that the annual business rates are currently: £240 per month
Location:The hair salon is prominently sited at the end of a parade of shops within a densely populated residential area, on the outskirts of St Albans, in Hertfordshire. There is ample free parking immediately in front of the premises. The parade includes a convenience store, fast food outlets, a florist, a butcher along with other businesses servicing the local population.

St Albans is a prosperous market town just beyond the M25 ring with good access at Junctions 21A and 22. In addition, there is excellent access to the north via the A1M at Junction 7. The A1 south gives excellent access to the City and West End. Rail link to London are excellent.
Premises Details:Very well presented ground floor salon decorated to a high standard.

Ground Floor
Glazed frontage with entrance door leading to:
• Reception area and desk
• 3 work stations
• 2 Back washes
• Staff room and store
• Large wardrobe
• W/C

External
• Garage to rear
• Ample free parking to front
Expansion potential:The Salon offers several opportunities for business development such as: 1. Owner working full time can reduce staff costs and increase the profitability. 2. Advertising is not currently undertaken 3. Website development 4. Expansion of local customer base 5. Sunday opening 6. Scope for additional stations
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