Well respected hair and beauty salon for sale

  • Price: £54,995
London, England, England
Seller Ref:B07529
For Sale

Well respected hair and beauty salon for sale

London, England, England
Seller Ref:B07529
  • Price: £54,995

Overview

Seller Ref: B07529

Description

Business
Please quote reference B07529


CoGoGo are delighted to welcome to the market a highly rated and well presented hair and beauty salon in North London. 


The business was first established by our client in 2020, building up an excellent reputation and repeat client base. As seen by the online ratings and reviews, the business is highly regarded within the local area.


The hair and beauty salon has now come to the open market due to the travel commitments. 


The business is a well respected, relaxing and friendly salon that offers the following sevices –

  • Laser hair removal
  • Hair – wash, cut & blow dry, children under 14, senior citizens
  • Facials
  • Nails
  • Waxing
  • Permanent make up
  • Special packages
  • Bridal packages


The salon has grown year on year, with our client investing over £60,000 in the last 2 years. The salon is also a member of treatwell. 


The sale of the business includes the Instagram and Facebook pages, along with their website which has an online booking system. 


Key selling points –

  • Multi-faceted hair/beauty model
  • 4.8/5 Treatwell customer reviews score
  • 4.7/5 Google review score
  • Opportunity to grow current sales
  • Excellent location


Scope for further growth –

  • Increase the number of stylists/therapists
  • Increased social media presence
  • Increase aesthetics

Location
The hair and beauty salon is located in North London. 


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

Premises
Ground floor –

  • Client reception area
  • 4 x Hair stations
  • 2 x Backwash units
  • Makeup station
  • Nail station
  • Pedicure station
  • 2 x treatment rooms  
  • Kitchen/staff area

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease (due to expire in October 2025, but it can be extended). The rent is £2,250 per month. 

Hours
The current trading hours are –


Monday to Saturday – 10am – 6pm


Sunday – Closed

Staff
We are advised that the business has 3 members of staff. 

Financial Profile
Further financials can be made available upon request. 

Is this business relocatable:
No
Is stock included:
NA

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