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Well Presented Hair Salon And Beauty Spa – Wolverhampton, West Midlands for Sale

Wolverhampton, West Midlands

Leasehold : £ 39,999
Turnover : £ 1,346 p.w.

Well appointed and presented throughout
Situated in the busy town of Wednesfield
Advised annual turnover of £70,000
Ideal second income business
Recently Refurbished
Viewing a must

Business History

Meridian Business Sales are delighted to offer to the market this superb, well established, hair salon and adjoining beauty spa to the market which has been established since 1990 and in the careful hands of our clients since 2003.The only reason this easy to run business is being offered to the market, is due to our clients’ desire to concentrate on other business interests. Since our clients took ownership they have run the business at a pace that suits their lifestyle, meaning there is massive scope for a new hands on owner operator to further develop the business. They have recently undertaken a full programme of refurbishment adding a beauty parlour next door to the salon, which with a marketing campaign and creation of a website, could potentially increasing trade. Our clients advise us that they currently generate a respectable annual turnover, with good gross profits which is derived from the provision of a full range of hair and beauty services including colours, cuts, perms, styling, spray tans, waxing, detox treatments. Additionally there is further income of £4,200 from the rental of the flat above. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.

Accommodation: Well signed and separate entrance to:

Salon - Display window and secure entrance to:
Welcoming reception area with seating
5 x hair stations
2 x nail stations
2 treatment rooms
2 x back wash basins
Storage room with washing machine

Well signed and separate entrance to:

Beauty Spa - display window and secure entrance:
Reception area with seating
Nail station
Wash basin
Treatment room - well equipped for business
Wall and base units

Flat Above premises:
Separate secured entrance
Spacious Lounge
Kitchen - fitted with wall and base units, water heater, washing machine
2 x bedrooms
Bathroom - 3 piece bathroom suite

Electric roller shutters to the front of both premises
Manual rear shutter to the rear
Parking area to the front
Off road parking
Communal car park

Tenure: We are advised Leasehold
Original length: 9 years
Review: 3 years
Rent: £10,000pa

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376 Advert ID 47924    Sellers Ref : 4406/BSOL

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