Reputable High-end Hair Salon in London

Hackney, London
REF: S06741

Asking Price:
£160,950
Annual Turnover:
£284,293
Annual Net Profit:
£37,552
REF: S06741

Overview

Tenure:
Leasehold
Established:
2014
  • Well-established and independent
  • Team of friendly, experienced stylists
  • Impressive financial profile
  • Highly sought-after location
  • Loyal client base

An exciting opportunity has arisen to purchase a reputable, high-end hair salon in a sought-after London location.

Born in 2013 from a desire to break away from the traditional salon aesthetic and conveyor belt service, the business has gone from strength to strength and has established itself as a unique, forward-thinking salon against a backdrop of conventional competitors.

Boasting a team of highly talented, experienced staff, the salon prides itself on offering an appointment which seeks to assess client’s hair type and history before providing treatment.

The current owner is now looking for a passionate new proprietor to uphold this salon’s unrivalled reputation and take it to unprecedented levels of success.

With over 15 years in the industry, the current owner has worked tirelessly to shape the salon into the exclusive hair haven it is today. Offering everything from a retouch and free fringe trim, to a complete restyle inclusive of colour and take-home styling tips, the salon has inevitably gained a sizeable, regular client base with a prestigious reputation to match.

Celebrities, artists, architects, local residents and overseas clients all frequent the salon for treatments by some of the UK’s top stylists, each with their own specialism.

At present, there are no contracts in place, but plenty of work is carried out for renowned magazine editors, fashion weeks and ecommerce.

The main salon area accommodates 8 work stations, 3 wash basins and toilet facilities. Fully refurbished to a value of around £20,000 in February 2018, all equipment is brand new and would be included in the sale.

As a very well-established, strongly reputed hair salon, this high end hair studio would be ideal for an experienced hair stylist looking to maintain the business’s independent charm.

A new owner could easily take steps to grow the turnover if they wished to do so. Further marketing and introducing product sales would be beneficial in boosting revenue, as well as diversifying by including beauty services. The proprietor could also consider franchising the business.

Upon sale, a full handover would be given by the current owner.

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  • Situated on a high street in Hackney
  • High footfall
  • Close to Broadway market
  • Nearby tube stations
  • Parking available
Rent
£36,357
Rates
£5,419
Lease Term
TBC
Lease Expiry
TBC
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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