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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Recently Closed Hair & Beauty Salon Leeds

Leeds, West Yorkshire
Leasehold Price:
£5,000
Find more details, or book a viewing:
Status
SOLD / WITHDRAWN
Advert ID
241801
Reference
6769 / Rightbiz

Details

    Prominent Trading Position

    Annual Turnover 05/04/2018 £62,311

    Gross Profit 05/04/2018 £56,079

    Low Rent - £135 Per Week

    Further Financial Information Upon Request

    Currently Operating 4 Days A Week

    Close To Burley Park Train Station

    Free Parking In Immediate Area

    Beautifully Presented Throughout

    Well Equipped

    Scope To Introduce More Beauty Treatments

    Potential For New Opening Days & Hours

    Very Keenly Priced For A Quick Sale

    EPC – D

Description:
REF 6769 – Leasehold Hair & Beauty Salon
Blacks Business Brokers are pleased to bring to the market this leasehold hair and beauty salon located in a densely populated residential area of Burley, Leeds.

INTRODUCTION
Roots has been trading on Burley Road since 2002. Our client established the salon here due to the prominent trading position and high levels of local custom. The business is very well known and has a superb reputation in the area with a large base of regular customers and excellent reviews noted on Google, Treatwell and Facebook. The salon offers a full range of hair design and treatment including extensions and wedding hair as well as make up application for proms, weddings, events and special effect.

LOCATION
The business is positioned on a busy main road within a parade of independent retailers with no direct competition. The area is well linked by the M62 and A64(M) with excellent public transport links and free parking is available in the immediate surroundings. Emerald Headingly Stadium is close by and access into Leeds centre is good.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests being higher than anticipated, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The lease is a rolling agreement running at a cost of only £135 per week. A new lease will be negotiated with the landlord for a new owner.

FINANCIAL DETAILS
Roots has traded well since opening. We are advised that the business currently has annual turnover of £62,311 with gross profit of £56,079. Full financial details are available upon viewing. It is to be stressed that the business is currently being run at a pace to suit and there is scope and demand to extend opening hours and days.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This leasehold business occupies a superb trading position on a busy main road. Our client has secured a strong base of repeat customers and an enviable reputation. There is plenty of scope to develop the business further with the introduction of additional beauty treatments and new opening hours are in high demand. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Accomodation:
BUILDING LAYOUT AND DESIGN
Roots operates from the ground floor of a spacious, mid terraced property. The business is well branded with large signage displayed above a fully glazed frontage. Inside, the main salon area has three mirrored styling stations, two back washes and is presented beautifully with modern décor and wooden flooring throughout. There is also a welcoming reception desk and waiting area. To the rear of the salon is a kitchen, toilet facilities and a small enclosed yard. All areas are finished to a high standard and a full inventory is available upon request.



Fixtures & Fittings:
Back Wash x 2
Styling Station x 3
Chairs
Till
Leather Sofa & Leather Chair
Mirrors


Opening Hours:
MON: CLOSEDTUE: 09:00 - 18:00WED: 09:00 - 18:00THU: 09:00 - 19:00FRI: 09:00 - 18:00SAT: 09:00 - 16:00SUN: CLOSED


Weekly Rent:
£135 Per Week. Weekly Rent:
£135 Per Week.
Seller Details
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Agent Name: Login to view
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Listing Details
Leasehold Price: £5,000
Tenure: Leasehold
Sector: Engraving Businesses, Hairdressers
Financials
Annual Turnover: £62,311
Annual Net Profit: £24,190
Location Statistics
What's nearbyi:
Rainbow International Ltd (approx. 0 mile)
All Bar One Millenium Square Leeds (approx. 0 mile)
Both Arms (approx. 0 mile)
The Film House (approx. 0 mile)
Nelson Mandela Gardens (approx. 0 mile)
Be At One Leeds (approx. 0 mile)
The Art Gallery Shop (approx. 0 mile)
Calverley Street (stop Y12) (approx. 0 mile)
Information & Research Library (approx. 0 mile)
merrion center (approx. 0 mile)
Listing Statistics
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SOLD OR WITHDRAWN FROM THE MARKET
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