Contemporary Hair & Beauty Salon in South West London

London, London - South West
REF: S06602

Asking Price:
£49,000
Annual Turnover:
£32,240
Annual Net Profit:
£19,600
REF: S06602

Overview

Tenure:
Leasehold
Established:
2016
  • Recently refurbished
  • Contemporary design
  • Prime location
  • High level of footfall
  • Huge scope for growth

The business for sale is a contemporary and newly refurbished hair and beauty salon in a popular district in South London.

Situated in a prime location in Streatham, the salon offers a wide range of traditional and contemporary hair treatments for ladies, gents and children.

Through a friendly, expert service, the salon has obtained a loyal client base and excellent reputation within the area. This is a perfect opportunity for a new buyer looking to expand and personalise an already established salon.

The business is now for sale on a leasehold basis.

The contemporary salon operates from a highly-modern venue, which has recently undergone a refurbishment worth approximately £30,000. The business is fitted with stylish wooden floors and is decorated in a monochrome fashion.

Customers enter the premises on the ground floor, whereby they are greeted to the main salon area. The business is equipped with 4 hair stations, 2 wash stations, 1 nail bar, 1 beauty room and a small w/c and kitchen area. The owner currently rents out all the hair stations and nail bar.

Despite the firm foundations set, there are ways in which the business could be expanded further.

The business could benefit from longer opening hours if a new owner so desired. This would promote it to a wider audience and guarantee a boost in revenue. This would be ideal for a buyer looking to realise and continue to grow the business whilst also catering for its customer base.

The current owner is willing to stay on for a transitional period of 3 months, if needed, to show how the business operates

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  • High level of footfall
  • Prime location
  • Parking nearby
  • Good transport links
  • Complementary businesses nearby
Rent
£12,000
Rates
TBC
Lease Term
10
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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

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