Under Offer

TOWN CENTRE HAIRDRESSING SALON located close to the MAIN BUS STATION, CAR PARKS & SHOPPING CENTRE on the ESSEX/HERTS BORDER. The business has been ESTABLISHED 45+ YEARS that has been operated under the SAME OWNERSHIP FOR 25+ YEARS and has now come to market with a GENUINE REASON FOR SALE. Our client has built up a HIGHLY ENVIABLE REPUTATION with a LOYAL & REGULAR CLIENTELE and a 3500+ DATABASE. Turnover on accounts show NET SALES of £141,929 with a gross profit margin of approximately 51% yielding ADJUSTED NET PROFITS OF APPROX £33,000. We feel there is HUGE SCOPE to further increase revenues as there are NO BEAUTY SERVICES. The premises benefits from LOW OVERHEADS with ZERO BUSINESS RATES PAYABLE and a new secure lease available at a current rental of £10,200 per annum exclusive. EARLY VIEWING ADVISED.