Thriving Hair and Beauty Salon in North West London

Stratford, London
REF: S07254

Asking Price:
£75,000
Annual Turnover:
£80,000
Annual Net Profit:
TBC
REF: S07254

Overview

Tenure:
Leasehold
Established:
2007
  • Prime location with good transport links
  • Large list of regular clientele
  • Wide range of beauty treatments
  • Fantastic online reviews
  • Good profit margins

The business for sale is a popular hair and beauty salon in North West London.

 

Established in 2002, the business offers a range of treatments, including; beauty treatments, hair services, sunbeds, massage and nails. In a prime location in Stratford, the business has built up a fantastic industry reputation, with multiple five-star reviews online.

The salon also makes fantastic use of the site ‘Treatwell’, allowing clients to easily make bookings online and offer last minute promotions to ensure schedules are full. They have built up a brilliant reputation on the site, with over 300 five-star reviews raving about their services.

 

The business is for sale on a leasehold basis – the current rent is £13,500 per annum with three years remaining on the lease. The vendor has advised they would be willing to stay on for a transition period if required, to ensure a new owner gets off to the smoothest of starts.

Ideally located in a busy shopping precinct in Stratford, this bustling hair and beauty salon offers a wide range of hair and beauty treatments to a large and loyal clientele. A wide range of services are on offer, including haircuts and colours, manicures and pedicures, waxing, eyebrow and eyelash tinting, eyelash extensions, massage and tanning. Making use of the highest quality brands such as OPI, ProTan and Dermalogica, the business sees some clients travelling over 15 miles just to be pampered at this prestige establishment.

Established in 2007, the business has a team of five hardworking, highly qualified staff providing professional treatments. Currently open Monday – Saturday, 10:30 am - 8:00 pm, the business is able to maximise their profits by catching the post-work trade. The salon also offers tanning bed services on a Sunday between 10:00 am and 4:00 pm – further boosting their takings.

This opportunity would be best suited to an industry professional looking to expand their current enterprise or step out on their own for the first time. Already showing a steady profit, a new owner would be able to step straight into a business with a fantastic reputation and a client database of over 500 people.

In order to grow the business further, it could be possible to branch into other complementary treatment offerings, such as semi-permanent makeup, laser hair removal and Botox or fillers. These high-ticket treatments would see an increase in price per appointment and make the business stand out even further from the competition. Further expansion could also be realised through greater social media advertising. The business currently has active accounts on both Facebook and Instagram. Running competitions or creating a small paid advertising campaign could grow their following significantly and bring in more new clients.

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  • Free parking nearby
  • Good links to public transport
  • Close to local businesses
  • High levels of footfall
  • Busy shopping precinct
Rent
£13,500
Rates
£0
Lease Term
5
Lease Expiry
3 years remaining
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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