 | Hair & Beauty Salon For Sale West Midlands, West Midlands, United Kingdom Advert ref: 1430JMH FINANCIAL DETAILS | Asking price: £97,500 Sales revenue: £137,492 Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to be able to offer this impressive business for sale. Established in 1990 by the current owner, who is now looking to retire. This would make an excellent owner-managed business which still offers huge potential for any purchaser. Comprising of 5 treatment rooms, toning room, nail room, tanning rooms and separate hair salon. It also has office/accommodation on the second floor. Must be viewed.
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GENERAL INFORMATION | Years established: 18 years
Property: Leasehold
Lease terms
A fully renewable 10 year lease, which commenced September 1998 at a rental of £8,952. We understand that a new lease will be made available by the landlord at a rent to be agreed.
Living accomodation
The property comprises of three floors with the ground and first floor given over to the business. The top floor however, along with part of the first floor used to be accommodation, and could be returned to being accommodation if required.
Location
Excellent main road location
Expansion potential
This business still offers huge potential for any owner manager with the necessary skill set required to owner and run a business of this type and size.
Support & training
Excellent handover assured
Reasons for selling
Retirement
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The Business Partnership - Birmingham, West Midlands, Hereford & Worcester | | | |
