Buy a business

Busy Hair Dressers Ideally Located

Littlehampton

Advert ref: 1064SPT

Business Partnership is pleased to have been appointed as sole selling agent in order to seek a purchaser for this very well positioned business, which has only been made available for sale due to a genuine wish to retire.

The Hair Shop located in Station Parade, East Preston (opposite Angmering train station) was established we think nearly 40 years ago, it has been under the current owners stewardship for the past 13 years.

The business has enjoyed quite literally decades of regular clientele, is located in a busy parade of shops with ample free parking. The salon is currently run by the owner and 4 part time staff who are all PAYE.

Although the salon has a good loyal customer base, because of the size of the shop (10 workstations) and being based within easy reach of the hundreds of new homes being built in and around the area gives a new owner some real potential to grow the business.

The rental on the shop also includes a 2 double bedroom flat which is currently rented out for £500 per month which covers 50% of the total rental payable to the landlord.

This is a great opportunity for someone within the industry who wishes to run their own business, with good staff in place, a good client base and located in a very busy part of Sussex.

We strongly urge any seriously interested buyer to view this business at the very earliest opportunity.

Key features:

  • Long Established Business
  • Ideally Located in Busy Parade of Shops
  • Ample Free Parking
  • Busy Salon with Loyal Client Base
  • 2 Bed Flat & Garage Included in Rental 

Property Details: Leasehold
Asking Price: £90,000 (Leasehold)
Lease Terms:

Leasehold – we understand that a fully renewable lease is in place for another two years at a rental of £2850, per quarter this includes the flat above and a garage as mentioned in the above particulars.

The landlord would be happy to grant a new lease to any new owners.

Reason For Selling:
Retirement

Employees: 4 Part Time + Owner
Trading hours:
Opens 9-5 Tuesday to Friday & 9-1 on Saturdays

Support & training:
Our clients have assured us that they will affect an excellent handover on completion.

Rates:
It is our understanding that the business falls within the small business rate relief threshold so at present none are payable.

Costs:
Each party will be responsible for their own costs associated with the transaction and will be subject to Business Partnership terms and conditions.

Fixtures and fittings:
The business is very well equipped and fitted out to carry out its day-to-day trade with a full inventory of equipment to be supplied to seriously interested parties at the appropriate time.

Busy Hair Dressers Ideally Located Littlehampton

Financial Details

  • Leasehold: £90,000
  • Turnover: undisclosed
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed
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