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Tanning and Beauty Business

 
Newcastle, Tyne and Wear, United Kingdom
 
Advert ref: BP041
 
FINANCIAL DETAILS
 
Asking price: £150,000
 
Sales revenue: < £200k
 
Net profit: < £100k
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
Turnover £85,000 per annum
Prime residential location
Spacious return frontage premises
Unrestricted nearby parking
Established trading location
LEASEHOLD £150,000 plus SAV
OUR REF: BP041


GENERAL INFORMATION
 
Property: Leasehold

Lease terms
Held on a 25 year lease from 2003. Rent reviews every 5 years. Current rental £11,000 per annum


Location
This is an established business located within a highly sought after residential district to the north east of Newcastle City Centre. The Tanning and beauty co. has been trading for a number of years and a beautician element was added in 2008 This suburb of Newcastle is popular with young people and students and there are currently over 5,000 customers registered on the shop database


 
The Business Partnership - North East
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30