 | Hair and Beauty Salon For Sale Staffordshire, United Kingdom Advert ref: C1107 FINANCIAL DETAILS | Asking price: £20,000 Sales revenue: £41,000 Net profit: £7,000 Fixtures value: £12,000 Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to present this popular and growing Unisex salon for sale.
The salon is finished to a high standard and offers a full range of beauty and hair treatments. The premises offer a large reception area, 4 chairs, 2 hair washing stations, a beauty treatment room and one nail station. The customer base is mainly women aged 35-50, gents and children.
Established 3years, our client has seen 2 local salons close leaving little competition. Since Feb 08, turnover has risen £200 per week.
Currently run under management, the business employs one full time and two part time beauty and hair technicians.
The premises are leasehold, expiring 2011 at a rent of £536 p.m with rates of £50 p.m. Located in a popular town amongst a high residential area.
Open 5 days per week.
Sales average £1,000 per week. Turnover to March 08 £41,000.
Please ask for full details.
|
GENERAL INFORMATION | Years established: 3
Employees: 3
Trading hours: Tues-Sat, 9am - closing times vary.
Property: Leasehold
Lease terms
6 year lease expiring 2011 with rent of £536 p.m and rates of £50 p.m.
Location
Popular and highly residential town in the Stafford area with around 6,000 residents. Highly visible location with own parking plus ample on road parking if required.
Expansion potential
There is potential to capture some of the youth market and exploit the skills of the highly trained staff to push the business forward.
Competition / Market
2 local salons have closed since our client opened 3 years ago. Competition does still remain, but as turnover steadily increases, they are hardly a threat.
Support & training
A full handover can be arranged.
Reasons for selling
With a full time job and a new baby, our client can not devote the time required to drive the business forward.
Financing available
We can put you in contact with financial companies who specialise in business purchases.
|
The Business Partnership - Manchester, Cheshire, Staffordshire and Shropshire | | | |
