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8516NN NORTHAMPTON L\H£59,995 UNISEX HAIR SALON

Asking Price: GBP 59995
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Business Location: United Kingdom » Northamptonshire » NORTHAMPTON 
Category: Services » Beauty Salons, Barber Shops
Description:
THE BUSINESS
Advent Business Sales are pleased to have
been instructed to offer to the market this
extremely well established unisex Hair
Salon.
The business offers a professional and
friendly service and has an excellent
reputation due to its dedicated team of very
competent staff, who attends to the client’s
individual needs.
This renowned business was established in
1939 and has been in the proud ownership of
our client’s family for over 35 years and is
only now being offered for sale as he plans to
emigrate.
The salon has eleven chairs (four back
washes and seven stations) and three wall
mounted hood dryers. Two of the four back
washes have modern and expensive massage
chairs.
The Salon caters for the full range of
hairdressing needs for both make and female
customers and is considered one of the
trendiest salons in the area.
The business has a 4 star rating in the good
Salon Guide.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Weekly sales: £3,250
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
The business has been decorated to a very
high standard throughout and briefly
consists of:
Ground Floor
 Good window display, side entrance
door leading to
 Salon and reception desk
 Waiting area with seating for
approximately 4 customers and then into
the operational area of the salon with 4
back washes ( 2 with massage chairs)
and 7 stations
 To rear of salon is a disabled w/c for
customers
 Kitchen and office with w/c and shower
 Washing machine, tumble drier, fridge,
microwave and staff lockers
 Amtico flooring throughout the entire
salon, which has a 25 year guarantee
 Back access and allocated car parking
space.
TENURE: Leasehold
Original lease: 15 years
Remaining lease: 15 years
Review every: 3 years
Rent: £12,000 per
annum
We are advised that the annual business
rates are currently: £1,000.
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 169000
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 1973
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: three full time stylists,three part time stylists two full time assistants.
No of trading hours: Tues: 9.00am – 5.00pm Wed: 9.00am – 7.00pmThurs: 9.00am – 4.00pmFri: 9.00am – 7.00pmSat: 8.30am – 5.
Reasons for selling:
 only now being offered for sale as he plans to emigrate.
Market competition and expansion:
 Whilst already an extremely well established and profitable business, it is felt that there is still room for improvement by:  Opening on Monday’s,  Opening later on Thursday’s  It is possible to fit another 3 stations  Advertise more by leaflet drops  Use of the internet to sell a range of GHD shampoo’s and brushes
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