Advert Ref: HB. 85.0220.MKB

Award Winning Hair And Beauty Salon Milton Keynes For Sale

  • Milton Keynes, Buckinghamshire
Asking price:
£85,000
Sales revenue:
£300,000
Net profit:
Undisclosed


County Business Sales have pleasure in bringing to the market this leasehold unisex hair and beauty salon established in 2003. Ideally located within an affluent residential area close to the centre of Milton Keynes. Conveniently located on a small parade of shops including a Tesco Express, with a large unlimited free-of-charge carpark for staff and clients. Good access to both public transport, the A5, A421 and nearby M1 motorway. The current owner is not income-generating within the business so their departure would not affect the company T/O. The salon is staff run. The salon operates a full computer system, which has a database of circa 5,000 clients with more being added every week. The team have recently been awarded accolades in customer service and have independent reviews regularly published by Salon Spy. They are a member of the National Hairdressers Federation. Confidential Sale- Viewings strictly by appointment only through the offices of County Business Sales

Property:
Leasehold
Lease terms:
We are advised that there is 12 years remaining on the lease which is fully renewable. Rent: £17,500 plus VAT, Service Charge: £1,666 plus VAT,
Location:
Viewings: Strictly by appointment only. This is a confidential sale and no approach must be made without an appointment through the agent.
Premises details:
Half wall half double glazed/aluminium frontage with a single door leading to a large open plan seated reception/retail/hair salon area, with nine styling stations and three backwashes. Hallway leading to two treatment rooms, W/C with disabled access, staff room and access to service area.
Energy Performance Rating:
D

Expansion potential:
The business has an enviable reputation in the area and benefits from an experienced team and regular loyal clientele enjoying much repeat trade. The current owner does not work in the salon and we feel that a hands on owner could substantially increase Turnover and Profits

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

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