Professional Beauty Salon in London

Whitechapel, London
REF: S07202

Asking Price:
£29,994
Annual Turnover:
£74,425
Annual Net Profit:
TBC
Reduced
REF: S07202
Photo of Professional Beauty Salon in London
Photo of Professional Beauty Salon in London
Photo of Professional Beauty Salon in London
Photo of Professional Beauty Salon in London

Overview

Tenure:
Leasehold
Established:
2003
  • Excellent Reputation
  • Huge growth potential
  • Friendly & Professional Team
  • Very Loyal Customer Base

Now available to the market is this popular hair and beauty salon in Whitechapel, London.

Operating since 2003, the salon’s beauticians have been providing a selection of professional beauty treatments to the salon’s new and regular clients, gaining an excellent reputation in the locality, alongside a high rating of 4.6 on Treatwell.

As a result of its central position within London, connected through numerous transport links, the business has gained a large clientele and therefore a strong financial profile.

Now only up for sale due to the current owner looking to decrease her hours, a new owner would be an individual who is passionate about the beauty industry and providing clients with a relaxing, rejuvenating salon experience.

Offering everything from eyebrow threading to a full body massage, the salon’s staff are qualified in all aspects of hair and beauty, ensuring clients leave feeling and looking their very best. Clients include local workers, residents and those from out of town. As well as providing professional treatments, the salon also retails products from brands such as L’Oréal which contributes to its overall turnover.

Set back from the main road slightly, the salon has a glass frontage and a single opening through which customers enter. To the left is a reception and seating area comprising two sofas where clients can comfortably wait for their appointment. Directly behind, there are stairs which lead to the main salon area, including space for hairdressing, a nail bar and standing sunbed.

Further on, there are additional sofas and storage cupboards, before reaching three treatment rooms, washing and toilet facilities and a kitchenette. An extensive list of equipment is included in the sale.

This is a superb opportunity to take over a well-established, profitable salon which has over 1,000 clients on its books and a prominent position in the city.

A perfect acquisition for an experienced and professional person with a background in hair and beauty, the new owner could take steps to grow the business in any direction they wish. Introducing laser treatments and cosmetic procedures would help to grow a wider clientele and help increase revenue. Increasing its online presence by operating social media platforms would widen the salon’s exposure and lead to more custom.

The current owner would be willing to stay on for a transitional period of up to 6 months to assist the new owner with day to day operations.

Features

Online Presence

Location

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  • Limited Competition

Property

Annual Rent
£20,000
Annual Rates
TBC
Lease Term (Years)
2
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
C 51-75

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

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