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