This is a superb opportunity to purchase a well-established, popular hair salon based in London

  • Leasehold Price: £120,000
  • Annual Net Profit: £36,000
  • Annual Turnover: £144,338
Chingford, London, England
Seller Ref:497
For Sale

This is a superb opportunity to purchase a well-established, popular hair salon based in London

Chingford, London, England
Seller Ref:497
  • Leasehold Price: £120,000
  • Annual Net Profit: £36,000
  • Annual Turnover: £144,338

Overview

Seller Ref: 497

Description

This is a superb opportunity to purchase a well-established, popular hair salon based in London. The business is available on a leasehold basis.
The business trades as a popular modern hair salon offering a wide range of hairstyling services to their customer base. Their services include all modern hair styling, cutting, colouring, perms, and men’s cuts. They also stock and sell product ranges from L’Oréal and Inoa, to Label M and Nashi Argan. They have a varied demographic, from families and young professionals to the over 60’s and have the philosophy to always provide their clients with individual attention and service. With a progressive and innovative team of highly trained stylists, they will ensure clients receive the best quality services in hairdressing every time they visit. They also have a large beauty room for providing private beauty services.
The business is available on a leasehold basis and the premises has been renovated to an exceptionally high standard throughout, as the vendor has skilfully combined the character features of the property with modern fixtures and fittings. The salon is spacious and bright and can boast 8 hair styling stations, 3 wash basins, a welcoming reception/waiting area with a granite reception desk, and a large beauty room for hire. The flooring is beautifully tiled throughout and there is also a staff room, laundry room and toilet facilities within the premises.
The salon has been established since 2007 but with the current owner since 2017 and has experienced steady growth on an annual basis since then. They have an excellent reputation and are widely considered a household name in the local community. This reputation has resulted in a loyal customer base and a vast amount of repeat and recommended custom.
• Excellent reputation
• Well-established – since 2007
• Loyal customer base
• High customer retention
• Large, spacious premises
• High quality premises
• All fixtures and fittings included
• High footfall location
• Skilled staff and management
• Minimal competition
• Huge opportunity for further growth and success.
• Excellent transport links
• Parking nearby
It is with a heavy heart that the current vendors are selling the business due to relocating out of the area. This is a turnkey business and represents an excellent opportunity for an individual in the hairdressing sector who is looking for an established business or an existing salon who is looking for a lucrative acquisition.
We have already received a high number of enquires at this initial stage, so to avoid disappointment, please contact us for further information.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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