Highly Rated Hair & Beauty Salon For Sale

  • Price: £84,995
  • Annual Turnover: £250,000
Greater London, London, England
Seller Ref:B07173
For Sale

Highly Rated Hair & Beauty Salon For Sale

Greater London, London, England
Seller Ref:B07173
  • Price: £84,995
  • Annual Turnover: £250,000

Overview

Seller Ref: B07173

Description

Business
Please quote reference B07173


CoGoGo are delighted to welcome to the market A&B Salon, a high rated hair and beauty salon located in East Finchley, London. 


The salon was established by our client 3 years ago and has built up an excellent reputation and loyal customer base. 


A&B Salon has now come to the open market as our client is now looking to move on. 


A sleek modern salon, bathed in natural light, A&B offers all your hair and beauty favourites from powerhouse brands like Olaplex, Gelish, Dermalogica and Lycon.


Key selling points –

  • Excellent branding
  • Repeat trade
  • High footfall location
  • Newly refitted
  • Outstanding reviews


Scope to improve –

  • Push advertising – embarking on modern marketing campaigns. 

Location
A&B Salon is located on High Road, in East Finchley, London. 


The business has eye catching signage and receives high levels of footfall and passing trade.

Premises
Occupies a single fronted premises.


Ground floor –

  • Modern and bespoke décor
  • Newly refitted
  • Wall art
  • 2 Beauty rooms
  • 6 Hair station
  • Nail station
  • Pedicure chair
  • Newly refitted
  • Aircon throughout

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 15 year lease. The rent is £38,000 per annum. 

Hours
The current trading hours are –


Monday – 09:30 – 19:00
Tuesday – 09:30 – 19:00
Wednesday – 09:30 – 19:00
Thursday – 09:30 – 19:00
Friday – 09:30 – 19:00
Saturday – 09:00 – 18:00
Sunday – 10:00 – 17:00

Staff
We are advised that the business is run and managed by our client, with the help of 3 beauticians and 3 stylists.

Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £250,000. Further financials can be made available upon request. 

Is this business relocatable:
No
Is stock included:
NA

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