Multi Award-Winning Beauty Salon for Sale in London

London
REF: INT2498

Asking Price:
£75,000
Annual Turnover:
£185,224
Annual Net Profit:
TBC
REF: INT2498
Photo of Multi Award-Winning Beauty Salon for Sale in London
Photo of Multi Award-Winning Beauty Salon for Sale in London
Photo of Multi Award-Winning Beauty Salon for Sale in London
Photo of Multi Award-Winning Beauty Salon for Sale in London

Overview

Tenure:
Leasehold
Established:
2019
  • Excellent Reputation
  • Friendly & Professional Team
  • Huge Growth Potential
  • Well Equipped Business
  • Spacious Premises

Now on the market is an extremely well-known and award-winning beauty salon based in London, offering advanced facials, massages, brow treatments, aesthetics, nail services and more – all performed by highly skilled therapists who specialise in their field.

With an impressive client base of over 3159 active clients, the beauty salon has clients who are regulars and locals, however, they also have clients from all over the world who travel to London regularly such as New York, Beverly Hills, France, Switzerland and more.

The luxury salon has won multiple awards every year since its opening, starting with the Salon Awards last year bringing the win in 4 categories of the prestigious British Hair & Beauty Awards – Excellence in Customer Experience, Top Rated, Best Salon London and Best New Salon. Award winner of London Business Enterprise Awards in Best Beauty Therapists of the Year 2023.

Their excellent reputation is evident through over 839 reviews with an average of 5*, Facebook and TikTok accounts with over 8.4K views and their Google Business profile racking up an impressive 18.6K searches.

This opportunity would be highly profitable for a Doctor within the aesthetics field or an individual with relevant experience looking for a luxurious salon with top-of-the-range equipment and an unrivalled reputation, alongside all policies, manuals, handbooks and contracts in place - the business is on sale due to the current owner's health issues.

The asking price for this unmissable opportunity is including equipment, seller is open to reasonable offers.

The superior beauty salon operates from an excellent location on the famous South West London street of Northcote Road, with ample footfall and an affluent client base. The premises consist of a basement and ground floor with a total of 1014 sqft, the basement having a staff room, kitchenette, stock room and office. The ground floor has 4 treatment rooms, WC, a small outdoor patio and a spacious open-plan reception area with 2 manicure stations and 2 pedicure stations.

Their premises is fully equipped with industry-leading machines, having invested over £90K in a full renovation with new electrics, building rooms, luxury finishes and more. Latest technology equipment includes Caci Synergy non-surgical facial, 3D Hydro2 facial machine and more (full list of equipment available upon request).

With a team of 8 highly-skilled members, the salon is run self-efficiently, with each team member performing specialist services in their field and a stellar Salon Manager leading the team.

This beauty salon brings a profitable opportunity to expand opening hours and days, at the moment the business is only open 190 hours per month (approx), opening an extra two days on Sunday and Monday could expand current hours to be at 286 hours per month which would increase business turnover.

Currently, there is also room for expansion within their premises as they have a lash room that isn’t occupied, and a brow room only occupied 3 days per week which could be filled for the rest of the week. Their massage therapist is only in once a week so that could also be expanded to full-time.

Additionally, the business has heavily relied on word-of-mouth recommendations, however, its existing and impressive client base could be expanded further through the use of a social media and marketing agency to create regular content.

Features

Key Information

  • Treatments Offered: Aromatherapy, Laser Hair Removal, Lash Extensions, Massage, Nails - Acrylic, Nails - Gel, Nails - Manicures, Nails - Pedicures, Reflexology, Skin - Dermaplaning, Skin - Facials, Skin - Microdermabrasion, Other
  • Treatment Stations: 4
  • Treatment Rooms: 4
  • Reception Area: Yes
  • Product Sales: Yes

Reputation

  • Google: 5

Online Presence

  • Facebook: Yes
  • Twitter: Yes
  • Instagram: Yes

Location

Loading...
  • City Centre Location
  • Shopping Centre Location
  • Nearby Car Parking
  • Good Transport Links

Property

Annual Rent
£45,000
Annual Rates
£15,200
Lease Term (Years)
10
Lease Expiry (Year)
2029
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

Refine

Miles
£
£
£
£
Timed popup