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Business For Sale

Superbly Fitted Beauty Salon -£495,000

North London, United Kingdom, GB

Services: Hair, Nails, Spas, Tanning

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$756,823
$660,286
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1989
13
69214382

Business for Sale Overview:

This long established beauty salon has been at its current location since 2000. The current owner started her business from scratch over 20 years ago. Building a strong client base over the years the business outgrew the last location and has since expanded at the well appointed current premises. It has developed a first class reputation as the salon of choice in its locality – a highly affluent and busy area of north London. Recently refitted through out to an extremely high standard, the salon offers a light and contemporary feel. The premises are maintained to a very high standard through-out, and offer a welcoming a spacious feel to all clients. With 9 treatment rooms over two floors, offering all services including relaxing quiet massage upstairs. The Salon also boasts 6 further stations and a spray tanning facility. With this much available treatment space, the business offers all types of treatments including IPL – (Intense Pulsed Light), hair reduction and skin rejuvenation, fully registered with the Care Quality Commission. The Salon is also the largest account, and number 1 provider of key branded beauty services in North London. CACI QuantumTM Advanced Face and Body Treatment, Crystal ClearTM Microdermabrasion, Mary Cohr TM The Market leader in aromatherapy and skincare products, Jessica TM Manicures and Pedicures, Hollywood Lashes TM Eyelash extension, Naturasun TM Natural Spray Tanning.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The business is leasehold with three years remaining and the option to renew. The annual rent is £20,000, with approx £3,000 business rates. The business occupies three floors of the premises and generates extra income by sub-renting the top floor. The premises have had a substantial re-fit one and a half years ago, to an exemplary standard.

Market Competition and Expansion:

The salon employs advertising and marketing campaigns in local press and directories, with a strong Google presence and a sophisticated website to generate additional inquiries. The majority of new clients come through the best form of advertising though, word of mouth. There is an opportunity to grow the business through more extensive advertising and promotion of all the treatments available.

Reason for Selling:

capitalize on the fruits of her labour

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.

Resources:

 

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