Under Offer
Reputable Hair and Beauty Salon For Sale
Maidstone, Kent
- Asking Price: £49,995 +SAV
-
Turnover:
We are advised the business generated a turnover of circa £130,000 as of 2018, further financial information can be made available upon request.
Please quote reference B06809
- Tenure: Leasehold
Please quote reference B06809
Hilton Smythe are delighted to present to the market this fantastic beauty salon, a much loved community salon opportunity with over 25 years trading goodwill.
The business has recently completed a refurbishment programme. All work was professionally designed to emphasise the clean crisp brand image which clients in the area demand.
As you can see from the internal photographs, the finish is extremely high end and will allow any new owner the ability to enjoy the growing success without any further asset investment required.
The list of services includes -
- Non-surgical treatments
- Haircuts and styles
- Hair colours
- Lip treatments
- Eyebrow treatments
- General beauty treatments
- Male treatments
- 4.8 star Google customer reviews
- Handover period offered
- Lots of available space
- Instagram - 123 followers
- Long lease in place
- Highly desirable location & footfall
- Opportunity for significant growth
- High end refit
- 6 X Chairs
- Till system
- Beauty bed
- 6 X mirrors
- Bespoke service counter
- 3 X backwashes
- Full kitchen setup
- Trolleys
The business is run and managed by 1 full-time stylist and 1 part-time manager/stylist who also rents one of the rooms.
The business trading hours are as followed:
Monday - Closed
Tuesday - 09:00am - 17:30pm
Wednesday - 09:00am - 17:00pm
Thursday - 09:00am - 19:00pm
Friday - 09:00am - 17:00pm
Saturday - 08:30am - 16:00pm
Sunday - Closed
This business occupies a highly enviable trading position on main Street in Maidstone, Kent. The business sits along a busy parade of community shops.
The Salons’ location connects nearby Langley to both the A229 and the centre of Maidstone. The A229 connects to both the A249 and the M20 motorway which acts as the main route from Folkestone to London. Nearest mainline station is either Bearsted or Maidstone West. Nearest mainline station is either Bearsted or Maidstone West.
The premises comprises of the following:
Ground Floor -
Ceiling mounted air con / heater
6 x Hair stations
Reception Desk (currently positioned at the front of the salon) with a 2 seated client sofa
Centre - currently used for a coffee table
Rear (left) - toilet facilities with vanity wash basin and secure exit to the rear garden area
Rear (right) - 2 x backwash units, towel store and hairdressing trolley store space
Large staff kitchen - includes low and wall mounted storage, fridge, microwave, sink unit
Beauty room - Accessed via the kitchen as well as having its own front door, includes storage shelving, beauty bed, sink unit, cupboard and mirrors.
The salon is also fully alarmed.
Tenure
We are advised the business is being sold on a Leasehold basis with 18 years remaining on the 20 year lease. The rent is £2,250 per quarter.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
