Well-Established, Beautifully Fitted, Turn-Key Hair Salon in Affluent Area of West London

  • Price: £55,000
  • Annual Turnover: £58,000
London, England
Seller Ref:BPD2310281
For Sale

Well-Established, Beautifully Fitted, Turn-Key Hair Salon in Affluent Area of West London

London, England
Seller Ref:BPD2310281
  • Price: £55,000
  • Annual Turnover: £58,000

Overview

Seller Ref: BPD2310281

Description

Loyal and Regular Client Base
Well Established & Reputable Salon
Affluent Residential West London location
Low rental costs for location, stock included
Convenient access to public transport

Business Monkey are delighted to present to the market a fantastic opportunity to purchase an established reputable hair salon.
This exceptionally charming and well presented independent salon is located within the very affulent and highly residential area of Maida Vale.

The salon has a strong foundation, having been established in 2012 and built upon by the current owner. The owner’s efforts have resulted in an excellent reputation and a loyal customer base of regular clients. This established clientele provides a solid starting point for a new owner to continue the salon’s success.

The shop itself is in excellent condition, well-maintained and ready for immediate operation. This means that a buyer can seamlessly transition into running the business without the need for extensive renovations or repairs.

The salon’s proximity to Maida Vale and Warwick Avenue tube stations is advantageous for attracting customers, as it offers convenient access for both local residents and commuters. The surrounding area is a busy thoroughfare with a mix of retail businesses and the famous Maida Vale Studios. This vibrant area generates significant foot traffic and has potential to increase the current customer base with further marketing.

Furthermore, the residential properties in the area are home to a desirable target demographic, including young professionals and families. This demographic is more likely to seek out quality hair services and contribute to the salon’s customer base.

Overall, this reputable hair salon presents an exciting opportunity for someone interested in acquiring an established business in the hair salon industry. The combination of the salon’s excellent reputation, loyal customer base, prime location, and affluent neighborhood makes it a promising investment.

Key selling points:

Strong Client Base
Excellent reputation
Business website (with online booking system)
Prime Location with preferential rent and rates
4.4 Rating on Treatwell & 4.5 Star Google rating
Business handover offered
Decorated and fitted to a high standard
Opportunity for further growth

Tenure: Leasehold (4 years renewable lease)
Rent: £1500 p/m
Turnover: £58,000
Business Rates: £720 p/m
Opening Hours: Tuesday – Saturday 10am-7pm (Closed Sunday/Monday)

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

Listed By:

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