For Sale
Well Presented Beauty & Hair Salon
Hounslow, Middlesex
- Asking Price: £49,999 +SAV
-
Turnover:
Reflextions Hair & Beauty generated an advised turnover of circa £96,000 as of the 2018, with a Net Profit of 36,000
Please quote reference B05133
- Tenure: Leasehold
Please quote reference B05133
Hilton Smythe is delighted to welcome to the market this well-established beauty salon Reflextions Hair & Beauty.
The business has been trading for over 15 years, and in the hands of our client for just 4 years. The business is only now offered to market due to our client’s relocation.
The Business provides a range of beauty services including:
- Threading,
- Waxing,
- Facials
- Massages
- Manicures
- Pedicures
- Hair colouring
- Hair styling
We feel there is scope for a new owner to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to highlight the excellent services offered, along with setting up a website.
This is an excellent opportunity for a new owner to take this already thriving and popular business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.
Our client has taken a step back from the business and is currently being run between the 6 members of staff.
Mon to Sat 10am to 7pm
Sun 10 to 6pm
The business is located in the popular Hounslow,
Located within a parade of many bespoke shops and chains that bring a high footfall to the area.
Hounslow is a large commercial town and district in west London, England, 11.1 miles west-southwest of Charing Cross. It is the administrative centre of the London Borough of Hounslow and is identified as a major metropolitan centre in the London Plan
The business is beautifully presented and fastidiously maintained.
Salon
Windows and glazed door to front creating a light, airy and inviting interior, suspended ceiling with concealed lighting, recently redecorated throughout.
Equipment-
- 2 hairdressing chairs
- 2 beauty chairs
- 1 Massage bed
- 1 Hair dressing back wash
- 2 beauty rooms
Tenure
We are advised the business is being sold as a Leasehold
Original lease length: 10 years.
Remaining lease length: 6 years as of 2017.
Rent: £11,500 per annum.
No business rates
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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
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