Hairdressers Salons for sale in London

View the "Elite Hair Beauty and Nail Salon in Prime Fulham Location (Parsons Green)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Elite Hair Beauty and Nail Salon in Prime Fulham Location (Parsons Green)

London, England

  • Leasehold Price: £80,000  Price Reduced arrow_drop_down
  • Turnover: £112,133
  • Net Profit: £20,000
Seller Reference: 66661-85738
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Business Description
 
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Seller Reference: 66661-85738
Request Details
Business Description
o Up-market and high end, exclusive hair, beauty and nail salon in the highest income area of Fulham
o Steps away from Parsons Green London Underground Station
o Adjacent to exclusive shopping boutiques and popular restaurants
o Top-quality fixtures & fittings throughout
o Six years in business with extensive client base and top reviews, and an enviable long lease remaining
o ‘Average’ client pays £150 per visit
o Attached beauty clinic on lower-ground floor generating additional rental income
o Annual turnover (including rental income) exceeds £175k
o Underutilized workstations and space offer lots of potential to increase turnover
o Financing available

This highly regarded and exclusive salon is in one of the highest income areas in West London, and reaps benefits from it perfect location. It is steps away from Parsons Green underground station (District Line), and adjacent to high-fashion clothes shops such as Jigsaw and Whistles. Across the street, the most popular coffee and lunch destination in the area, Le Pain Quotidien, is situated between the local Waitrose and Co-op supermarkets. The business has perfect placement in an area surrounded by multi-million pound homes. The salon has hundreds of loyal clients in the area, who regularly visit. The ‘average’ client spends approximately £150 per visit. The salon is decorated to a very high standard, with top-quality fixtures and fittings, custom lighting, and a premium sound system, all to ensure a wonderful client experience. The salon also benefits from a lower-ground floor, part of which is rented to a beauty clinic for additional rental income. Currently the business operates with the owner and two additional stylists (contracted), and registers turnover exceeding £150k per annum from the salon alone, with additional rental income from the beauty clinic adding to total turnover of approx. £176,000 per annum. The salon has stations for up to four additional stylists, so turnover/income could be expanded considerably more.

The business is for sale with Transworld as exclusive agent. The owner is happy to undertake a transition/training period with the new owner as part of the sale, to ensure a seamless handover of salon clients. The owner is also prepared to grant short term finance to a credit-worthy buyer making this a particularly attractive opportunity.

Prospective buyers are encouraged to contact Transworld of London as soon as possible on 0203 911 1059, or by email to salvatore@tworlduk.com.
Tenure:
Leasehold
Support and Training:
12 weeks
Listed by:
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