Business for Sale Overview:
This prestigious salon has been established for over forty years and specializes in creative hairdressing, expert hair care, coloring techniques, fashion hair, shiatsu (finger pressure massage). Television, film, theater, modeling and entertainment hairstyling/coloring as well as retailing luxury branded hair care products, from an excellent, prestigious location.
The salon has set the standard by which others are judged, offering quality products, a free consultation service, expert advice and many years of experience, with a reputation for quality and personal service.
An extensive base of over seven thousand satisfied repeat clients, as well as new referrals, combine to earn this business an impressive reputation for quality, expertise and high standards of personalized service.
The beautifully decorated and fitted salon has fourteen well-equipped styling and cutting stations, six adjustable backwash units with footrests and headrests.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Located on the west side of New Bond Street, Mayfair, London, the salon is close to the junction with Brook Street. The salon comprises the upper floors of the building, which have a mixture of contemporary and period features including good ceiling heights and benefit from excellent natural light.
Rent is circa £48,000 per annum, the salon is leasehold with approximately five years remaining to the next renewal.
Market Competition and Expansion:
The business has not advertised in the past. The best form of advertising for this business is and will always be "Recommendation". A large percentage of new clients derive from referrals and the business regards existing clients as their best advertisers. It has maintained an excellent reputation since inception and there is immense opportunity to implement further and more assertive methods of advertising to expose the business to even greater markets, with a high proportion of the business’s revenue being due to strong word of mouth recommendation, bearing testimony to the excellent reputation it has throughout the industry.
Reason for Selling:
The owner is now approaching retirement age
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.