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Stunning 20 Year Established High-end Hair & Beauty-salon For Sale

Greenwich,London,UK, ID 139469

Stunning 20 Year Established High-end Hair & Beauty-salon For Sale 1
Stunning 20 Year Established High-end Hair & Beauty-salon For Sale 1
Asking price:
GBP £169 995
Turnover (per year): £312 000 gbp
Net profit (per year): £150 000 gbp
Owner
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179 business for sale

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Description

Stunning high-end hair and beauty salon with a 20-year trading history. A refurbishment costing £120,000 was completed at the end of 2023. The business generates a turnover of £6,000 per week, with subletting producing a net profit of £150,000 per annum. The sale is due to the genuine retirement of the freeholder. The premises comprise 7 cutting stations and 1 beauty treatment room. Located in a well-known, busy town in South East London within the Royal Borough of Greenwich. Asking price £169,995 leasehold. Reference: HB3069. Turnover £6,000 per week. Net profit £150,000 per annum. Rent £20,000 per annum. Business rates £3,874.40 per annum. Brand new 15-year lease. Total area approximately 1,000 sq. ft. Viewing arrangements are by prior appointment with PPS; enquiries are invited.

Details

Real Estate: Lease
Employees (ppl): 8
Square m2: 92
Asking price: 169 995 gbp
Turnover (per year): 312 000 gbp
Net profit (per year): 150 000 gbp
Rent (per year): 20 000 gbp

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