Profitable Unisex Hair Salon With Accommodation | | Undisclosed Essex | | ESSEX PROFITABLE UNISEX HAIR SALON Located on busy parade in affluent area est 26 yrs 6 w/s 2 b/w excellently presented 2 Bed maisonette currently let out at £9,000pa W/T: £2,500 Scope for beauty room and further marketing activities L/H: £47,500 +SAV | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 63552
ADVERT IMPRESSIONS : 15,657 TIME(S) | | | | BUSINESS SECTOR: | Care / Health / Beauty | | TRADE TYPE: | Hairdressers Salons | | SALE: | Agent Sale | LEASEHOLD: | £47,500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• The salon has a high visibility location on a busy parade with high footfall levels in an affluent area of Essex
• Other nearby businesses on the parade include a Londis, Post office, Morrisons, sports centre and newsagents who all contribute in attracting potential clients to the area
HISTORY
• The business was founded by the present vendor over 26 years ago
REASON FOR SALE
• Vendors ill health
SERVICES
• Unisex hairdressers which is split approximately 75% ladies and 25% men
• Cut, wash and blow dry for perms, colours, tints, hi/lo lights and more
• Special rate for OAP’s on weekdays
CUSTOMERS
• Clients are drawn almost exclusively from the local area
STAFF
• The vendor who is a full time stylist
• A part time stylist who works 24 hours per week,
• 2 part time shampoo ladies who work 20 hours per week each
• A Saturday girl
TRADING HOURS
• Monday 9am to 1pm
• Tuesday to Friday 9am to 5pm
• Saturday 8am to 4pm
FINANCIALS
• Weekly takings £2,500
• Gross profit margin
• Stock holding £1,500
PREMISES
• Entry door from wide pavement into the salon
• Reception desk, 5 waiting chairs
• 6 work stations, 2 back washes, 4 dryers
• Kitchen area
• W/C
• Tiled flooring and a suspended ceiling with sunken spot lights
• rear exit to back yard
• The premises benefit from having an alarm system and with an electronically operated roller shutter door to cover the entire frontage
• Included within the business is a first floor 2 bedroom maisonette which is currently let out at £9,000 p/a exclusive. The rent almost covers the whole charge for the business and the maisonette which is £10,000 p/a
STRENGTHS
• An extremely well established business which has been trading for over 26 years
• Excellent high visibility location on a busy parade and in an affluent area
• Very well presented throughout and with a great ambience
• Good local reputation with a high repeat and referral trade and other satisfied clients
SCOPE
• Adding a beauty room within the premises, we are advised that there is space available
• Have a business web site so potential clients can see the services on offer
• Advertise as all new customers presently come from word of mouth recommendation
• Offer special bridal and prom packages
• A new owner would ideally be an experienced stylist to replace the vendor
TENURE
• Leasehold
• Original Lease 14 years
• Remaining lease: 12 years
• Review every: 4 years
• Rent: £10,000 per annum
• Rates: £1,020 per annum
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). | | | | | | FOR SALE | | | | | REFERENCE: | 1039RM / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
