Well-Established and Versatile Hair & Beauty Salon in London

Walthamstow, London
REF: R07826

Asking Price:
£22,500
Annual Turnover:
£73,000
Annual Net Profit:
TBC
Under Offer
REF: R07826

Overview

Tenure:
Leasehold
Established:
2006
  • Fabulous reputation with a loyal client base
  • Huge growth opportunity
  • Spacious, well-equipped premises with equipment included
  • Friendly, professional team
  • Wide variety of services with great supplier relationships

An exciting opportunity has emerged to acquire an established and successful hair & beauty salon in London.

Based in Walthamstow since 2006, the salon offers a vast range of nail, beauty, and hair services. Its talented and friendly team of two full-time and four part-time employees provide women’s haircuts, barber cuts, children’s haircuts, hair colour, and repair treatments. Meanwhile, its beauty offering includes manicures, pedicures, eyelash extensions, tanning, waxing, massage, facials, anti-cellulite, and collagen treatments.

The salon has developed a robust client base in the local area due to the warm welcome provided to all customers, alongside the talented staff who are able to customise treatments to suit a client’s individual needs.

The salon is only available for sale due to the owner’s need to focus on their other business commitments elsewhere in London, making this a superb chance for a qualified hairdresser or beautician to run a successful enterprise.

Customers step into the salon’s sleek glass-fronted premises and are immediately welcomed at the reception desk to their left. As the salon extends to the far back wall, a series of 5 hair stations are spaced across the left side wall. A staff kitchen is located at the rear of the property, whilst 2 hair wash basins are also found along this wall, in the right-hand corner. In front of the hair wash basins is a sofa and a staircase which leads downstairs to multiple treatment rooms, as well as a utility room which hosts a washing machine. The salon also operates 2 sunbeds.

The business operates a website with a simple, convenient online booking system and contact details, alongside a Facebook profile and Instagram channel which showcase the salon’s diverse treatments and their glowing client reviews. Most equipment is included in the asking price and the total inventory can be negotiated. Unfortunately, however, a transitional period is not available with this business.

The ideal buyer for this business would be someone who has significant experience in providing hair and/or beauty treatments and is now wanting to run an established business with a loyal client base. Given the spacious, well-equipped premises included in the sale and the vast menu of services available, this business presents a fantastic opportunity the buyer to truly leverage their career.

The business has already experienced great success whilst the current owner operates the salon in a hands-off capacity. Consequently, a key method of achieving further growth of the business would involve the buyer running the salon as an owner-operator. There is also scope to develop its social media presence further to boost brand awareness and complement the business’s online booking system with richer information about the salon. Introducing product sales online would be a superb extra income stream that is growing in demand.

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  • City location
  • High street location
  • Shopping centre location
  • Close to local businesses
  • High footfall
  • Good transport links
  • Nearby car parking
Rent
£22,000
Rates
£0
Lease Term
5
Lease Expiry
2021
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
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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