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Advert Ref: N913

Leasehold Hair Salon With Sublet Coffee Shop For Sale

  • Whitstable, Kent
Asking price:
£52,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

Excellent location
5 day trading
turnover £125,000 p.a.
Mainly staff run

Location
Prominently situated fronting a busy main road on the outskirts of this sought after Kent Town enjoying tremendous passing trade and serving a densely populated residential area.

Business
The Business was established by our clients some 7 years ago and is now only being marketed as a result of their other business interests. Huge scope exists for more owner involvement as the business is mainly staff run.

Turnover
£125,000 P.A. including £6,000 P.A from sublet coffee shop and £30,000 P.A. from chair rental and £2,500 P.A from beauty room rental.

Staff
1 owner 3 Full time plus 2 Part time staff WAGES - £4,100 PCM

Hours
Tues to Sat - 9.00am to 5.00pm (9.00am – 8.00pm Thurs & Fri. 8.00 - 4.00pm Sat)
Sun and Mon - Closed

Premises
End parade premises with attractive single frontage and single entrance to Reception/Coffee shop area: (Sublet producing £6,500 P.A) Salon Area: Reception desk with Premier Salon software and PC system. 8 cutting positions, reception chairs. 3 backwash basins. Staff Room: Kitchenette/Utility Area: St/stl sink, washer, dryer. Customer/Staff W.C and w/basin.Store Room: Therapy Area: 2 Beauty Rooms: Each with couch and accessory trolley. Stock room/Colour Room: OUTSIDE: Parking area to rear for 6 cars.

Tenure
8 years remaining on original 15 year lease RENT - £14,500 P.A. (3 year reviews)

EPC RATING
Band C

Business rates
£2600 P.A. Payable 19/20

Property:
Leasehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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