SOLD

HAIR & BEAUTY SALON + 2-BED FLAT - LEIGH-ON-SEA - A very long established business which has been owned by our client's family for in excess of 30 years, with our client owning and operating the business for the last 5 years. The business is well presented throughout with high-quality fixtures & fittings included within the sale price and arranged to provide 2 nail stations, 6 cutting stations, 2 backwash basins and a beauty room. Our client has built up a fantastic reputation over both her and her family's period of ownership, supported by a loyal and regular client base, in addition to being highly rated with a 4.9* Google review, 4.9* Facebook rating and 4.9* Fresha review. Rent currently paid is £14,000 per annum, including the 2-bed flat. Our client currently sublets the flat at £600 pcm to a long-term tenant, which greatly offsets the rent payable. The rent paid by the flat tenant is under market value, so could easily be increased by a purchaser. We are advised turnover currently averages around £1,400 per week with the most recent year end accounts confirming a reconstituted net profit of circa £22,000. Scope to increase on this established turnover by employing more members of staff to utilise the additional cutting stations and extending the trading hours. Our client has advised she would be willing to remain with the business on a self-employed basis, which would greatly assist with the continuity of the business. Viewing recommended.