Beauty Salons for sale in London

View the "Beauty Salon, City of London borders" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £85,000 Price Reduced Annual Turnover: £90,000 Annual Net Profit: £90,000
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Business Description
a well-established, fully equipped and profitable beauty clinic in a fantastic location right on the borders of the City of London with outstanding potential.

A fantastic opportunity to get a well located, fully equipped beauty salon near Liverpool Street Station.
The business includes four treatment rooms including a spray tanning booth as well as an area for nail and lash treatments. At present the salon offers a full complement of hair removal and beauty/massage treatments.
The current lease has over six years remaining on a ten-year lease at a staggeringly low £17K per year. This lease is more surprising, when you realise that the salon is within a five-minute walk from the City of London’s Liverpool Street station. Surrounded by potential wealthy clientele in numerous high-rise business office spaces as well as upmarket residential quarters.

We highly recommend that this business is viewed early as there is great interest in this opportunity.
Key Features

• Reduced price (dropped to £85,000)
• Highly Reputable, well known business.
• Extensive customer base with City clientele
• Well presented & equipped business.
• Turnover of approx. £90,000.
• Huge future potential as the salon is currently working at 25% capacity.
Showing Instructions
Highly Confidential Must Contact Listing Agent for Instructions
Competitive Overview
Whilst there are other beauty salons in the area, many of them are focussed on hair rather than the full complement of treatments. In addition to this there is enough density of population and businesses to easily support competition.
Showing Comments

Potential Growth
This business has been without a full time manager for some time nor has any advertising been invested in. A simple boost of local advertising and introductions to local businesses could really see a large increase in revenues. In addition an investment in longer hours and an increase in staffing could see further benefits.

Location: 5 min walk from Liverpool St station, Aldgate and Aldgate East stations.

Premises detail: 85m2. Ground floor: reception, 1 treatment room, 1 toilet. Basement: 3 treatment
rooms (including tanning booth), under-stair storage, 1 storage/kitchen room. In very good condition. Leasehold.

Leasehold Rent & Rates: · £17000 per annum + £1000 service charge + VAT
6 years remaining on the lease and is convertible into a new 10 year lease .

Years Established: The Depicool Brand has been established for 15 years and the salon has been operating in its existing location for 8 years. The current owner acquired it in 2014.

Employees: The business is operating at 25% capacity with 2 part time staff. The staff are aware of the sale. The business can be purchased with or without staff. The business has not had a full time manager for some time and is still running a £90K turnover.

Fixtures & Fittings: The business sale will include all furnishings, fixtures, fittings, beauty equipment, stock, computer and phone systems, client database. The only machine on loan is the tanning booth. All others are owned. The tanning booth is at nil cost as it has been ‘gifted’ to the salon by a tanning PR company in exchange for allowing access to VIPs/Celebrity clientele to promote the tan.

Training & Support: The vendor will provide an extensive business handover in order to ensure a smooth transition of ownership and seamless continuity of trading. Please Note: The Vendor is happy to assist with a transition period – staying on up to 12 weeks. This can be arranged on a salary basis.

Financial Details: Business is profitable working at 25% capacity. Details available on request.

Reason for selling: Family and Ill Health.
Tenure: Leasehold


Listed by: Transworld Business Advisors
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