Beauty Salons for sale in Streatham

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S Martin (Feb 2013)
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Leasehold Price: £35,000 Price Reduced Turnover: £18,933 Gross Profit: £17,085
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Business Description
Hilton Smythe is delighted to introduce to the market the immaculately presented Shhh Straight Hair Ltd trading as Le Petit Salon. Founded by our client in 2012 the business has quickly established an enviable reputation within the industry. Our client is now looking to sell the business due to the desire to focus more on other business ventures.  

The business generates a healthy turnover of £19,000 with a gross profit of 90% as per 2013 accounts.  The salon offers a comprehensive range of hair and beauty treatments using the latest techniques, quality products and cutting edge technology.  The business is very well known in the region for its professional friendly service and sees much repeat business and word of mouth referrals as well as benefiting from passing trade due to the excellent location.

Additional revenue is derived from its bridal party package, offering clients various treatment including Shellac for nails, hair and make-up.  Along with this food and sparkling drinks are served.  The package has proven to be a real success.

The business has an excellent website giving further information and regularly advertise on Groupon and Wowcher and have a presence on social media websites.

Le Petit Salon is fitted to a very high standard with quality furnishings and tasteful opulent décor throughout. A lovely salon to relax and unwind. The Beauty room is rented out £140 per week

and the Chair is rented out for £100 a week and both these  payments cover the rent of the shop.

This is a fantastic business opportunity with a solid client base. Our client is willing to offer a structured training and handover to the new owner if required. This is a brilliant opportunity for a purchaser looking for their first business. Hilton Smythe highly recommend early viewing.

The business is located in the vibrant Streatham district within the City of London.

Le Petit Salon occupies a prime trading location just off the main High Street, with its abundance of retail outlets, eateries and cities amenities.  The area has a constant and heavy footfall throughout the day with the business benefitting from good passing trade.

The business is situated just off the arterial A23 and is a short stroll away from Streatham railway station and has excellent bus services running throughout the day.

Large single fronted premise briefly comprising.

Full width and height glass frontage leading into shop area.

Dark wood laminated floor throughout takes you through to the fully upholstered counter with button back. Carved wood top with lower desk level behind housing pc, cordless telephone etc.

Feature wall to right of counter, consists off bare limestone mosaic wall with wire frame lady wearing a dress. This has been provided by a local artist.

White wood upholstered antique chair.

Multiple white wooden shelves with candles, magazines and Buddha’s head displayed.

Salon area

Four high quality, white leather upholstered hair dressing chairs complimented by two dual sided fully mirrored work stations.

Various wheeled work trolleys.

Mirrored wall shelving.

1 x backwash in separate area.

1 x wall mounted hair drying lamp.

1 x off white chaise longue.

1 x chandelier.

Treatment room

Equipment includes:-

Full length treatment bed.

Multiple dark wood cabinets.

Free standing circular hand wash basin, with mixer tap.

1 x Pro Wax 100 wax heater.

Various other beauty treatment equipment.

Toilet facilities

Mid brown ceramic tiled walls and floors throughout.

Upper level houses;

Rounded cornered rectangular wash basin with mixer tap.

White wood shelving unit.

Three steps down to lower level W.C. consisting of;

1 x white WC.

1 x stainless steel pedal bin.

1 x wooden shelf

Rear office/Store room

Multiple wood doored cabinets with pine Formica covered worktops.

Multiple wall mounted shelves.

Cubed storage area on other wall, opposite cabinets.

Equipment includes:-

1 x under counter fridge.

1 x DeLonghi microwave.

1 x Russell Hobbs coffee percolator.

1 x stainless steel two slice toaster.

1 x single bowl stainless steel sink with mixer tap and left hand drainer.

Small carved sided table, used as desk.

Door leading to rear of premises.

We are advised leasehold.

Original lease length 10 years

7 years remaining.

Reviewed every 5 years

Rent is £750 per calendar month.

The business opens:-

Tuesday to Thursday 10.00am – 6.00pm

Friday 10.00am – 8.00pm

Saturday 8.00am – 6.00pm

Sunday and Monday closed.

The business is owner run and managed with the assistance of 3 members of staff.

The business generates a healthy turnover of £19,000 with a gross profit of 90% as per 2013 accounts.

Tenure: Leasehold

Listed by: Hilton Smythe
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