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7060NN NORTHAMPTON L\H£19995 AFRO & EUROPEAN HAIR SALON

Asking Price: GBP 19995
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Business Location: United Kingdom » Northamptonshire » NORTHAMPTON 
Category: Services » Beauty Salons, Barber Shops
Description:
THE BUSINESS
Advent Business Sales have been
instructed to offer for sale this well
established hair studio which has been
trading successfully for the last 7
years.
The vendor has decided to emigrate
which has created an excellent
opportunity to acquire a business with a
very good reputation.
The sale includes all fixtures and
fittings which briefly comprise of:-
 5 work stations
 3 back washes
 Mirror & shelving
 Reception desk
 Comfortable waiting/seating
area.
The vendor is willing to help or work for
a new owner on a part time basis for 2 –
3 months prior to emigrating.
It must be noted that our client attends
hair shows and has an extended
portfolio of work done. At present the
owner is preparing a junior stylist to
compete.
The vendor informs us that there are
huge demands for extensions and
braiding. Clients also travel from far a
field to visit the hair salon
STAFF
The business employs 1 top stylist, 1
junior and 2 Saturday girls. The studio
requires another stylist who will be
employed soon.
TRADING HOURS
Mon, Sun: closed
Tues-Thurs: 9.00am – 5.00pm
Fri: 9.00am – 7.00pm
Sat: 8.30am – 4.30pm
FINANCIAL INFORMATION
We have been advised by the vendor of
the following:
Weekly take: £900
Gross Profit: 90%
Accounts will be made available to
interested parties after a viewing has
taken place.
Please let us know if you require finance
for the purchase of a business.
BUSINESS PREMISES
A single storey lock up unit forming part
of a pleasant small mews style
development which accommodates
several complimentary businesses
including: a barber, a café and a nail
studio.
TENURE: Leasehold
Current Lease: A new lease to
be negotiated with the landlord
Annual Rent: £288.33 per
month
Service Charge: £180.00 per
quarter
Cleaning: £20.00 per
month
We are advised that the annual business
rates are currently: £93.00 per
month
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 2000
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 2FT\2PT
No of trading hours: Tues-Thurs: 9.00am – 5.00pm Fri: 9.00am – 7.00pm Sat: 8.30am – 4.30pm
Reasons for selling:
The vendor has decided to emigrate which has created an excellent opportunity to acquire a business with a very good reputation.
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