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Popular Hair & Beauty Salon & 2 Bedroom Apartment

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Status
FOR SALE
Advert ID
222947
Reference
S06180 / Rightbiz

Details

    Established in 2001

    Multifaceted Beauty Business

    2 Bedroom Apartment Above

    Central Prominent Location

    Consistent Annual Turnover

    More than 500 customers

Intelligent Business Transfer are extremely pleased to offer for sale this well-established leasehold hair and beauty salon complete with 2-bedroom residential accommodation above.This is an already locally renowned business built on recommendation, client service and reputation there is further scope for an incoming operator to grow the turnover. The salon has garnered an excellent reputation through delivering a wide range of treatments and premium service by long term loyal staff, and its location within a prime area. Despite firm foundations set, there are ways in which profits could be grown further. Through hiring extra staff, the salon would be able to accommodate a higher workload.Depending on the level of popularity a new buyer could be open to refurbishment. Also to be considered, is the hiring of a nurse for the issuing of injectables which would allow the salon to flaunt a higher number of treatments. Intelligent Business Transfer are tasked with finding a suitable buyer, the current owners are also willing to stay on for a transitional period of 3 months, if needed.
Listing Details
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Location: Sutton, London
Sector: Health & Fitness, Hair & Beauty
Financials
Annual Turnover: £37,000
Annual Net Profit: £50,000
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