Reputable Hairdresser Business for Sale in Welling, South East London

Welling, London
REF: INT2986

Asking Price:
£55,000
Annual Turnover:
£29,501
Annual Net Profit:
£21,278
REF: INT2986
Photo of Reputable Hairdresser Business for Sale in Welling, South East London
Photo of Reputable Hairdresser Business for Sale in Welling, South East London
Photo of Reputable Hairdresser Business for Sale in Welling, South East London
Photo of Reputable Hairdresser Business for Sale in Welling, South East London

Overview

Tenure:
Leasehold
Established:
2013
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Equipment Included

This is an excellent opportunity to acquire a successful hairdresser business based in Welling, South East London.

Established for over 10 years, the salon has grown an excellent client base with many loyal, returning customers.

With a stellar 5* review on Google, this business is thriving and has great potential for growth.

Services include hair cuts, styling, colour and children's services.

The vendor runs the business on her own, but has chair/room/rent arrangements for a hair stylist, a nail technician and a beauty therapist, all of whom are well-established, enhancing the excellent reputation of the salon. As a result, there is a strong level of autonomy and the business runs sufficiently without the owner present.

This would be an excellent acquisition within the hair and beauty industry.

The business is on a leasehold premises.

There is a high footfall and a strong opportunity for passing trade / walk-ins as the business is ideally situated on the main A207 high street of Welling, immediately opposite Tesco Superstore, near Morrisons and on a parade of otherwise small independent shops.

Refitted in 2021, the salon has a modern finish and is fully equipped. With full-length glass frontage, it is bright, airy and inviting to new customers. Inside, there is a reception desk by the front door and 6 hair stations on the right hand side. On the left is a seating area, the nail bar and the beauty room, with the wash basins situated behind. At the back of the salon is a door leading to a kitchen and toilet.

There is access to the flat upstairs (which is part of the lease), via the kitchen, although a separate entrance could be added for complete privacy.

Marketing has largely been through referrals and reputation along with some digital marketing through a website, Instagram and Facebook. There is great potential to grow the business through enhancing their digital marketing sphere.

As there are 6 hair stations, there is scope to offer additional chair rents which would help grow clientele. Also the business operates 9-5 Tuesday to Saturday so there is an opportunity to extend operational times and to open on Mondays and/or Sunday.

Currently, the demographic is relatively narrow - ladies aged 30 to 65 - so there is an opportunity to widen this clientele to include gents and younger clients.

Features

Key Information

  • Treatments Offered: Hair - Blow Drys, Hair - Highlights, Hair - Ladies' Cuts, Hair - Styling
  • Treatment Rooms: 1
  • Reception Area: Yes
  • Product Sales: Yes

Reputation

  • Google: 5

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Website: www.sophieshairdressers.co.uk

Location

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  • High Street Location
  • High Footfall
  • Nearby Car Parking

Property

Annual Rent
£16,000
Annual Rates
TBC
Lease Term (Years)
5
Lease Expiry (Year)
2024
Accommodation Included
No
EPC Rating
TBC

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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