 | Unisex Hair Salon Near Croydon, Surrey, United Kingdom Advert ref: 1029SB FINANCIAL DETAILS | Asking price: £35,000 Sales revenue: < £200k Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | Under Offer - Very low rent Salon - Excellent reputation with large clientele of all age groups. Large salon with separate beauty room, decorated to high standard with modern fixtures & fittings. Staff room & kitchenette.
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GENERAL INFORMATION | Years established: 10
Employees: 2 Part Time
Trading hours: Wed - Sat 9.30 a.m. to 6.00 p.m.
Property: Leasehold
Lease terms
15 years with 5 years remaining. Renewable. Rent only £6500 p.a.
LESS THAN RENTAL INCOME FROM FLAT!!
Living accomodation
2-bedroom self contained flat presently let at £700 per month but vacant possession readily obtainable
Location
Main thoroughfare parade. Densely populated desireable residential area
Expansion potential
Huge scope to extend hours. Presently trading only 4 days per week. Further scope to introduce beauty treatments in unexploited separate beauty room.
Reasons for selling
Owner wishes to spend more time with young family
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The Business Partnership - South East London | | | |
