Well-Equipped Hair & Beauty Salon in South East London

London, London
REF: S08039

Asking Price:
£5,999
Annual Turnover:
£62,500
Annual Net Profit:
£20,000
Reduced
REF: S08039

Overview

Tenure:
Leasehold
Established:
1967
  • Excellent reputation
  • Loyal customer base
  • Well-equipped premises
  • Equipment included
  • Low overhead costs

The business for sale is a well-equipped hair and beauty salon in South East London.

Established in 1967, this long-standing business has been growing steadily since its creation and has gained an excellent reputation and a loyal customer base in the local community.

The business has an ideal high-street location on Westmoreland Road, in South East London, with nearby car parking and good transport links. This should ensure a steady flow of trade from local customers. A large housing development is also currently under construction in the local area, meaning there will be plenty of new customers.

All equipment will be included in the sale, which means the new owner should be able to get to work straight away. The equipment is worth an estimated £5,000.

There is huge potential for growth with this business, as there is a massive opportunity to develop the advertising and social media front of the company. However, the new owner may look to give the salon a makeover, which might help attract new clients.

With low overhead costs, this would be the ideal opportunity for an operator in the sector or a recently qualified stylist.

Upon entry to the L-shaped salon, clients will arrive directly in the treatment room. At the back of the salon, there is a kitchen.

The salon has an excellent high-street location on Westmoreland Road, in South East London, with nearby car parking and good transport links. There is currently a new housing development under construction in the area, which could be a great opportunity to attract new clients. The salon could benefit from a makeover, to help do this.

The vendor owns the freehold and is happy to negotiate on the lease.

All equipment is included in the business sale, which is worth approximately £5,000.

This would be the ideal opportunity for an operator in the sector or a recently qualified stylist. It could also be perfect as a family investment.

There is huge potential for growth with this business for someone who is willing to invest further time and energy in the company. Increasing advertising efforts, developing the company’s social media presence, and expanding on the treatments and services offered could all be great ways to attract more trade.

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  • Nearby car parking
  • Good transport links
  • Close to local businesses
  • High-street location
Rent
£20,000
Rates
£0
Lease Term
5
Lease Expiry
2026
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
£0
EPC
TBC

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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