Established Hair Salon Based in Epsom

Epsom, Surrey

REF: INT3033

Asking Price:
£69,995

Annual Turnover:
£95,976

Annual Net Profit:
£21,046

REF: INT3033

Photo of Established Hair Salon Based in Epsom

Overview

Tenure:
Leasehold

Established:
2007

Excellent Reputation
Friendly & Professional Team
Very Loyal Customer Base
Huge Growth Potential
Spacious Premises

Established in 2007, this hair salon originally operated within the River Club Spa & Gym before relocating to its new location to accommodate its growing client base. Situated advantageously on the Ewell Bypass, the salon offers immense potential for further expansion and prosperity.

With an impressive 4.9-star rating on Google reviews, the salon enjoys a sterling reputation and a loyal clientele. One satisfied customer exclaimed, "This place is a hidden gem! I've been a patron for years and wouldn't consider going anywhere else. I consistently receive compliments on my haircut. The salon itself is spacious and inviting, and the staff ensures a professional yet relaxing experience during every visit."

The salon's success is evident through its consistent annual turnover of £170k+ with only four stylists, demonstrating its profitability and efficiency. Additionally, the salon maintains a comprehensive database of over 1500 client details, offering a valuable asset to prospective buyers. The sale includes all furniture and fixtures, featuring esteemed brands such as Takara Belmont, REM, and Salon Ambiance.

This opportunity is ideal for individuals within the hair and beauty industry or those seeking a turnkey business with an established foothold in the market

Today, the salon boasts six styling positions and offers services such as hair styling, brow waxing, lashes, and massage. Its prime location on the Ewell Bypass ensures high visibility and accessibility for clients, with a bus stop conveniently located directly outside. Recent renovations, including a new shop front and back area, have enhanced the salon's appeal and functionality.

The salon presents significant potential for growth and expansion under the right management. With ample space for additional styling positions or the addition of new services such as a nail bar, there are numerous opportunities to increase revenue streams. The existing staff, including two full-time stylists, a part-time stylist, and a junior/assistant, can be retained by the buyer ensuring continuity of service.

Furthermore, the salon's prime location and established brand provide a solid foundation for marketing efforts to attract new clients. With renewed attention and passion, the salon has the potential to reclaim its status as one of the best in the Epsom area. Whether seeking a profitable investment opportunity or a thriving business to take to the next level, the hair salon offers a compelling proposition for prospective buyers.