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Description

Overview:

For sale is a very busy Unisex Hair Salon Business that is located in South East London.

The business is new to the market and is a well established Hair Salon. The business has a fantastic reputation and a loyal customer base, it's a great opportunity for any buyer looking for an existing, successful business to walk into.

 

Turnover: £3,000

Annual Turnover Period: Weekly

Net profit: £28,000

Tenure: Leasehold Lease term: 5

Lease Expiry: tbc Annual Rent: £16,500

Business Rates: tbc Business Established: 42 years

Business Sale Description:

This highly regarded Unisex Hair Salon business is now for sale. Since its founding 42 years ago, the business has built up an impressive client base. Having a leasehold tenure on the property aids an easy transition for a new owner. It sees a high annual turnover, providing an extremely promising opportunity.

This is a fantastic opportunity for a buyer to acquire a recognised Unisex Hair Salon business in a popular area of South East London. The business is now for sale on a leasehold basis.

Ideally situated in a prime location, the business premises benefit from high levels of footfall and passing trade. The current owner is happy to have a discussion about a potential transitional period.

Despite firm foundations set, there are many ways to grow the business further. To continue the success of the business, the new owner would ideally have experience within the industry. The business’s current reputation has mainly grown through word of mouth, meaning further local and online advertising could see even higher profits.

The business is ideally suited to a hands-on owner-operator but due to our client wishing to take up to retirement, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

A VIEWING OF THIS BUSINESS IS HIGHLY RECOMMENDED

Key Features of This Business:

Excellent Reputation;
Recently Refurbished;
Events Hosted;
Friendly & Professional Team;
Well Equipped Premise;
Loyal Custom Base;
Equipment to be included;
Holds Secure Contracts;
Huge Growth Potential;
Variety of Services or Products;
Low Overheads;
Spacious Premises;
Locally Sourced Products;
Has Supplier Relationships;
Room to Expand

Key Business Information:

Variety of Services or Products;
Low Business Overheads;
Professional/Friendly Team;
Large/Spacious Premises;
Excellent Reputation;
Secure Business Contracts In Place
Key Location Features:

Home Based;
Shopping Centre Location;
Office Based;
High Street Location;
On-site Car Parking;
Nearby Car Parking;
Good Transport Links;
City Centre Location

Accommodation Included: Yes

Potential Growth Opportunities:

A new owner could look to develop the business further through additional marketing and promoting special offers to gain more customers. The business does limited advertising and has achieved much of its success through its reputation for excellence. Through increased advertising via social media and online platforms the business could boost exposure to its services and effectively attract more customers.

Vendor Open To a Transition Period: YES

Business Sector Type: Hairdresser

Are Company Accounts Available: YES

Management Structure For Business: Run by owner

Number of Staff: 4

Pricing
  • Sale Price
    £50,000
  • Revenue
    £156,000
  • Net Profit
    £28,000
Contact

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