Highly Profitable Fully Equipped Salon In Affluent Area | | Undisclosed London | | LONDON Highly Profitable Fully Equipped Salon In Affluent Area Prime location on a busy high street in a residential area with many fashionable shops and restaurants. Extremely established & loyal customer base Leasehold - £450,000 Including SAV REF 0025 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72887
ADVERT IMPRESSIONS : 12,674 TIME(S) | | | | BUSINESS SECTOR: | Care / Health / Beauty | | TRADE TYPE: | Hairdressers Salons | | SALE: | Agent Sale | LEASEHOLD: | £450000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | REF: 0025 AV
HIGHLY PROFITABLE FULLY EQUIPPED SALON IN AFFLUENT AREA
OFFERS FULL HAIR AND BEAUTY PRODUCTS AND SERVICES
EXTREMELY ESTABLISHED & LOYAL CUSTOMER BASE
LOCATION
Prime location on a busy high street in a residential area with many fashionable shops and restaurants.
HISTORY
Established for 7 years.
REASON FOR SALE
The business is being reluctantly sold by the Vendor so they can pursue other business interests.
BASED IN LONDON
LEASEHOLD: £450,000 INCLUDING SAV
PRODUCTS
Hair and beauty products including;
o Shampoos.
o Conditioners.
o Home colour.
o Hair brushes.
o Electrical hair tools.
SERVICES
Hairdressing services and beauty
including;
o Manicures.
o Pedicures.
o Facials.
o Massages.
o Cutting.
o Colouring.
o Extensions.
o Non-chemical blow-drying.
CUSTOMERS
A very loyal and local client base.
Also drawing clients from many other
South London areas.
Many young mothers and media
workers
Number of flexible workers and
people who work from home.
SUPPLIERS
Main suppliers for hair products are
LOreal.
Ales Group supplying organic
products.
Australian owned Fudge are also a
supplier as well as Options UK who
supply own brand Willis B
products.
STAFF
Business is run by Vendors and staff
members.
14 full time and 6 part time staff
members.
TRADING HOURS
10am 7pm (Mon Tues).
9.30am 6pm (Wednesday).
9.30am 9am (Thurs Fri).
9am 6pm (Saturday).
11am 5pm (Sunday).
FINANCIALS
2009:
o Turnover - £500,000 pa.
o Gross Profit - £172,000 pa.
o Net Profit - £130,000 pa
2010:
o Turnover - £550,000 pa.
o Gross Profit - £198,000 pa.
o Net Profit £150,000 pa.
2011:
o Turnover - £600,000 pa.
o Gross Profit - £222,000 pa.
o Net Profit - £162,000 pa.
The rise in demand for specific
cosmetic hair services such as
Brazilian blow-drying and real hair
extensions are proving to be very
popular in the area.
OVERHEADS
Staff £192,000 pa
Rates £5,000 pa
Electricity £6,000 pa
Other £51,000 pa
PREMISES
There are many store cupboards.
The building is electric only and the
water is powered by a tank known as
a Mega Flo.
EQUIPMENT, FURNITURE,
FIXTURES & FITTINGS
Fully equipped salon with Belmont
hairdressing chairs.
Bespoke washing area with 4 washing
units.
Wall mounted hair drying machinery.
Computer equipment.
Custom built conservatory and beauty
cabin also included.
Included in asking price is
approximately £7,500 worth of stock.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be
conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold,
let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made
without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises
STRENGTHS
West end trained staff.
Precision training to all staff by the above.
Motivated and loyal workforce.
Began trading when area was not fashionable, so incredibly well known not only in the area
but in other areas also.
Well respected for bespoke work as well as customer service.
Affluent area dominated by media workers.
SCOPE
Expand beauty area.
Year on year 7% increase on prices has been successful whilst keeping costs down.
Rent the upper floors.
VIEWINGS
A non disclosure agreement will have to be signed and returned prior to any further
information and viewing. | | | | | | FOR SALE | | | | | REFERENCE: | 0025 av / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
