This is an excellent opportunity to purchase a well-established hair salon based in Croydon, South London

  • Leasehold Price: £150,000
  • Annual Net Profit: £46,345
  • Annual Turnover: £141,491
London, England
Seller Ref:589
For Sale

This is an excellent opportunity to purchase a well-established hair salon based in Croydon, South London

London, England
Seller Ref:589
  • Leasehold Price: £150,000
  • Annual Net Profit: £46,345
  • Annual Turnover: £141,491

Overview

Seller Ref: 589

Description

This is an excellent opportunity to purchase a well-established hair salon based in Croydon, South London. This fashionable salon is available on a leasehold basis.
The business trades as a contemporary hair salon offering a wide range of hairstyling services to their loyal and extensive customer base. Their services include all modern cutting and styling services, blow dries, advanced colouring, highlights, balayage, men’s and children’s cuts, and Nanokeratin treatments. They have a varied demographic, from families and young professionals to the over 60’s and can boast over 3000 existing customers on their database with new clients visiting the salon every day. The salon is staff run by a team of loyal, highly skilled staff who take care of their regular clients and have gained a glowing reputation.
The business is available on a leasehold basis and the premises has been renovated to a very 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 4 hair styling stations (with space for more), 3 back wash basins, staff room, toilet facilities for staff and customers, a waiting area, and a welcoming reception.
The salon has been established since 2015 and has experienced substantial growth on an annual basis since then. They have an excellent reputation and are widely considered a household name in the local community. They pride themselves on their expertise and client care focus which has resulted in a loyal customer base and a vast amount of repeat and recommended custom. They can boast over 1,300 5-star reviews on their online booking system as well as achieving 4.9 stars on Google; both of which bring in around 90% of new clients!
• Excellent reputation
• Well-established – since 2015
• Loyal customer base
• High customer retention
• Large, spacious premises
• Over 1,300 5-star reviews!
• All fixtures and fittings included
• High footfall location
• Staff run by team of highly skilled staff
• Minimal competition
• Huge opportunity for further growth and success.
• Excellent transport links
• Parking outside
• Competitive lease – rent only £9,500 pa.
It is with a heavy heart that the current vendor is selling the business due to lifestyle changes. This 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:
Stock at valuation

Listed By:

If this business isn't quite right for you, click 'Show Similar Results' for others you may be interested in. If this is for you, enter your details below to enquire today, we'll show you more suggestions once you've sent your enquiry to this seller.

Show Similar Results

Schedule a Tour

Your information

Find out more about this business opportunity

Your Personal Details * Required Field

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?
You must agree before submitting.

Similar Listings

Find out more about this business opportunity

Compare listings

Compare
Send Enquiry