Well-Established, Professional Nail & Beauty Salon in East London

London, London
REF: INT1755

Asking Price:
£95,000
Annual Turnover:
£80,000
Annual Net Profit:
£35,000
REF: INT1755
Photo of Well-Established, Professional Nail & Beauty Salon in East London
Photo of Well-Established, Professional Nail & Beauty Salon in East London
Photo of Well-Established, Professional Nail & Beauty Salon in East London
Photo of Well-Established, Professional Nail & Beauty Salon in East London

Overview

Tenure:
Leasehold
Established:
2000
  • Excellent Reputation
  • Low Overheads
  • Recently Refurbished
  • Well Equipped Business

The business for sale is a well-established and reputable nail and beauty salon located in East London.

First established over 20 years ago, and under current ownership since 2015, the salon has built up an impeccable reputation in the local area over the years.

Employing a skilful team of passionate and enthusiastic staff, they have built up a large and loyal returning customer base due to their impeccable service and high-quality products.

There is currently a wide range of treatments to choose from, including nail extensions, gel, pedicures and manicures, waxing, lash extensions, facials, massages, spray tans, men’s grooming and microdermabrasion.

The business has also recently branched it into a range of new treatments and semi-permanent cosmetics, such as botox, fillers, mole removal, chemical peels, Derma Pen, skin tag removal and semi-permanent eyebrows. This range has proven to be extremely popular and profitable thus far.

Opening 6 days a week (Monday to Saturday) and on an evening, the business also operates an informative website that details their full-service offering and even provides a convenient online booking system.

This business is offered on a leasehold basis. Rent is payable at a rate of £11,000 P/A and is due to expire in 2031.

The business operates from a prominent location on a parade of shops, benefiting from high levels of footfall with convenient on-site car parking for up to 8 vehicles.

Customers enter straight into the main shop area, a large space containing a reception and waiting area, 4 nail stations, 2 pedicure massage chairs and a drying area. This room leads to 2 private beauty rooms, a spray tanning room and 2 additional rooms which were previously used for sunbeds. The property also boasts a kitchen area, toilet and a back office.

The premises is impeccably presented, having been fully refurbished in 2015 – making it the perfect environment for customers to relax and unwind.

This would be the perfect opportunity for a professional in the beauty industry who is looking to step out and become their own boss or expand an already established portfolio of beauty salons.

There is scope for physical development to the building in the form of a rear extension, which would not require planning permission, should a new buyer wish for more space.

There is also the opportunity to offer room and chair rental to other beauty professionals, bringing in supplementary income and potentially expanding the salon’s customer capacity and treatment offering.

Whilst the business does have its own website and some social media accounts set up, the development of a more in-depth social media strategy would be a great way to get in front of new customers.

Features

Key Information

  • Treatments Offered: Brows - Lamination, Brows - Microblading, Brows - Threading, Facial Hair Grooming, Nails - Gel, Nails - Manicures, Nails - Pedicures

Reputation

  • Google: 4.2

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Location

Loading...
  • Close to Local Businesses
  • High Footfall
  • On-Site Car Parking

Property

Annual Rent
£11,000
Annual Rates
TBC
Lease Term (Years)
15
Lease Expiry (Years)
2031
Accommodation Included
No
EPC Rating
B 26-50

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

Refine

Miles
£
£
£
£
Timed popup