Contemporary Hair Salon in Surrey

Sutton, Surrey
REF: S07487

Asking Price:
£99,999
Annual Turnover:
£137,369
Annual Net Profit:
£46,064
REF: S07487

Overview

Tenure:
Leasehold
Established:
TBC
  • Excellent reputation
  • Regular client base
  • Strong online presence
  • Product sales
  • Refurbished premises

Now available to the market is this popular local hair salon, which has been trading in the Sutton area of South London since 2006.

Providing a range of professional hair services which cater to male, female, and children’s hair, the salon has gained a superb reputation in the area and online. It has become well-respected for its competitive prices, expert knowledge, and friendly staff.

With a team of longstanding staff and a fantastically furnished premises, any new owner is presented with firm foundations to take the business forward.

Entering from the street level, clients immediately step into the bright, spacious salon and are greeted by a member of staff at the reception desk immediately ahead.

The waiting area is situated to the left of the entrance, whilst 5 hair stations and 3 backwash basins are placed along the sleek black and cream walls of the salon.

At the back of the premises is a beauty room with a beauty bed, as well as a kitchen and toilet to the left.

All equipment is included in the sale, in addition to the business’ professional website and active Facebook page with over 280 followers. Furthermore, Hair N Scissors’ presence on Treatwell allows clients to book online, whilst the site’s review feature gives credibility to their excellent reputation.

This sale is the perfect opportunity for a current salon owner or hairdresser looking to take on a lucrative salon.

The business is ideally located between two towns and sources clients from both locations, but could benefit from further advertising via social or local media. In particular, the strategy for its Facebook page and the utilisation of an Instagram account could increase local awareness and build its customer base.

The availability of a beauty room allows significant capacity to build upon the treatments offered and therefore increase spending per customer.

Further scope for increasing consumer spending could come from building upon its product sales, both in-person and online.

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  • Large catchment area
  • High footfall location
  • Residential area
  • On a busy bus route
  • No local competition
  • Nearby parking
Rent
£19,200
Rates
£0
Lease Term
TBC
Lease Expiry
to be negotiated. V owns freehold - rent can be negotiable
Square Footage
TBC
Accommodation Included
No
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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