For sale £185,000 - Hair & Beauty
Located in a busy thoroughfare in the centre of a Northamptonshire Market Town, this thriving business has a strong local presence. With easy long term parking and excellent passing footfall the business as grown to over £250K pa turnover. The salon serves mainly gents (80%+) but also ladies as well. With 8 chairs and 9 staff, it is a really well established business.
Started as a family business in 1992 and in its current location since 2004 the business has a strong recent trading history, amply demonstrated with full accounts. It is run as a managed operation with the owner doing some cutting in the salon as necessary. Now with a change in circumstance they reluctantly look for new owners. The business produces excellent returns likely to be ca 90K Net Profit this year
The salon offers ample scope for a new owner to mould the business to their vision, whether it be to build the ladies business, or add other services. The premises are on a long lease with 2 years currently left, the Landlord is happy to transfer or arrange a new agreement subject to the normal checks. Rent is £10,700 pa and rates (with relief ) £500.00 pa
The business would suit an experienced stylist or owner used to managing staff and looking for a new challenge.
The business is offered with all fixtures and fittings ready to trade, (full list available on viewing) Offers are invited for the company to include all assets and goodwill on a cash free debt free basis.
A full profile is available once a confidentiality & non disclosure agreement has been signed. All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
Enquiries to: David Howard City Business Brokers Northampton O: 01604 385040, M: 07794729634, firstname.lastname@example.org
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
Please Note Library Image Used