Buy a business

Hair salon - North Devon

Confidential Sale

Devon, South West

Advert ref: 1013SRP

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Beautiful hair salon which has been open for 10+ years. It has recently been renovated throughout including new l.e.d lighting and a new water heating system and flooring. The salon has 2 self employed stylist one part time and the other full time the owner works 4 days a week. The salon has room for more stylists to work either as full or part time employed or on a self employed basis. The salon has a steadily growing clientele due to where it is positioned within the town. The rent is £6,200 pa and the landlord has agreed that the remaining lease can be transferred and renewed once ended for a further 5 years or more if required.

Key features:

  • Current turnover £50,000.
  • Capacity to substantially increase turnover and profits from existing premises and equipment.
  • Current lease can be assigned and extended.  Rent payable £6,200pa.
  • Recent renovation.

Property Details: Leasehold
Turnover: £50,000 Annual

Hair salon - North Devon Devon, South West

Financial Details

  • Leasehold: undisclosed + SAV
  • Turnover: £50,000 Annual
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed