Afro Caribbean Unisex Hair Salon With Excellent Reputation

Price:

Leasehold - £39,950

Turnover:

Seller Ref:

1195N

Location:

London

Business Type:

Service Businesses

See Other:

Hairdressers salons for sale in London
Service businesses for sale in London

Description:

THE BUSINESS:

HISTORY

• Established as a salon in North London in 2003 by vendor
• Moved to present site in 2010
• Salon re-equipped to high standard with ongoing maintenance programme
• Pleasing décor throughout
• Sizeable and loyal mainly client base nurtured with high repeat rate

REASON FOR SALE

• Vendor seeking change of lifestyle

PRODUCTS

• Wide range of hair care and beauty products used

SERVICES

• Full range of contemporary and traditional hair styling for ladies, gentlemen and children
• Excellent reputation for dreadlocks
• Special occasion work

CUSTOMERS

• Mixed age demographic mainly drawn from Afro Caribbean community
• Approximate 80%/20% ladies/gents split
• High repeat rate with diary system in operation with many regulars

STRENGTHS

• Excellent reputation developed with dreadlocks
• Prominent trading location
• Regular repeat clientele
• No immediate investment required beyond the consideration price
• Modern light and airy décor
• Spacious accommodation with favourable rent and rates figure

SCOPE

• Capacity for additional opening hours utilising excess capacity, especially Sundays and Mondays
• Business Development activity limited at present
• Introduction of website to include computerised booking system
• Retail sales
• Revision of prices upwards

The vendor will be retaining the business name and styling portfolio

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

• Prominently sited on well known arterial road in North London suburb • Full range of complementary businesses close by • Parking for vendor at front of premises

Trading Hours:

• Tuesday to Saturday 10am to 6pm • Closed Sunday and Monday

Accommodation:

• A traditional hair salon located on the ground floor of a terraced building within a mixed commercial and residential area o Main salon o Reception counter o 4 cutting stations o 2 backwashes o Seating area o Former beauty therapy room o Store o WC o Yard to rear o Kitchen area