Prestigious Knightsbridge Hair Salon & Barbers with Loyal Client Base

London
REF: INT3743

Asking Price:
£155,000
Annual Turnover:
£160,000
Annual Net Profit:
£50,000
Reduced
REF: INT3743
Photo of Prestigious Knightsbridge Hair Salon & Barbers with Loyal Client Base
Photo of Prestigious Knightsbridge Hair Salon & Barbers with Loyal Client Base
Photo of Prestigious Knightsbridge Hair Salon & Barbers with Loyal Client Base

Overview

Tenure:
Leasehold
Established:
1995
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Low Overheads
  • Equipment Included

An esteemed hair salon and barbers located in Central London, offered for sale due to retirement. The business has been owner-operated for 30 years and has built an excellent reputation with a high-end private client base.

Business highlights:
• Prime, high-footfall location
• Trading successfully for 30 years
• Hair salon and barbers services
• High-end clientele in a prestigious central London area
• Loyal customer base with repeat and walk-in trade
• Excellent reviews and reputation
• Long lease in place, offering stability for a new owner
• All equipment included in the sale

This would make a great acquisition for an experienced hair professional, salon group or investor seeking a reputable business in one of London’s most prestigious areas, with strong goodwill and scope to build on its existing customer base.

This hair salon and barbers has been trading from Knightsbridge for 30 years and serves private clients who visit the premises for haircuts and hair services. The business benefits from a strong local reputation, excellent reviews and a loyal customer base, while also attracting some one-off customers.

The business is run by the vendor, who works in the salon and manages day-to-day operations, supported by 2 full-time employees. The success of the business has been driven by the owner and staff, who have helped maintain its reputation for quality service.

The premises are not relocatable, and all equipment is included in the sale. A long lease is in place, providing stability for a new owner.

There is clear potential for a new owner to grow the business by introducing regular marketing activity, as the company currently undertakes no regular advertising. Increased online visibility, local promotion and targeted marketing could help attract more new customers while continuing to serve the existing loyal client base.

Further growth may also be possible by expanding the team, increasing capacity and developing the range of salon or barbering services offered. The prestigious Knightsbridge location and strong reputation provide a solid platform for a buyer to modernise, promote and build on the business.

The vendor is willing to discuss a transition period, which could support a smooth handover and help maintain relationships with existing clients.

Location

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  • High Footfall

Property

Annual Rent
TBC
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Year)
2035
Accommodation Included
No
EPC Rating
TBC

Financial & More

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