London Hair and Beauty Salon

London, Greater London
REF: 03874

Asking Price:
£20,000
Annual Turnover:
£8,000
Annual Net Profit:
TBC
REF: 03874

Overview

Tenure:
Leasehold
Established:
2012
  • Great location
  • Large and growing customer base
  • Excellent growth potential
  • Great prospects
  • Huge potential ROI

This hair and beauty salon is ideally located on a busy shopping parade in the middle of a densely populated area of north-west London.

It has a huge number of potential customers with more moving into the area in the near future. This translates to a massive turnover potential which is not currently realised due to the owner’s ill health.

There are many opportunities for the buyer to grow the business and increase its income drastically, making it an excellent investment.

This hair and beauty salon currently offers only beautician services due to the owner’s ill health. There is plenty of room and scope for the inclusion of hairdressing and styling services as well though and these were also offered until recently.

Services on offer at the moment include manicure, pedicure and nail enhancement, massage, waxing, threading, eye lash extensions and different types of facials.

The premises are large modern and stylish outside and in. Externally, the salon has a large glass showcase window at its entrance, which is always well dressed with large, eyecatching branded signage above. Inside it is laid out like a typical hair and beauty salon, with an open plan hair dressing area at the front featuring three hair dressing stations, a service counter and a waiting area. There are also three fully equipped treatment rooms and a kitchenette area. All equipment is included in the sale

This asking price represents great value for money because the current owner does not currently exploit the business to its full potential due to ill health.

Despite running a hair and beauty salon, they have not offered any hair related services for the last year, once again, due to ill health. This means that turnover is unusually low and the sale value of the business reflects this.

This business would be the perfect acquisition for someone looking to buy a burgeoning hair and beauty business as an ongoing development project and an investment for the future. The right person could grow the business easily and rapidly, maximising the wide range of expansion opportunities that exist. These include opening later hours, increasing the beautician services on offer to include things like nail bar, spray tan, laser hair removal, electrolysis, Botox and filers.

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  • Located in a densely populated area of Hampstead
  • Prominent location in a busy shopping parade
  • Nearby street parking
  • Nearby residential area
Rent
£11,500
Rates
TBC
Lease Term
15
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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