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Top-Rated Wimbledon Hair Salon, Noted for Luxury Services and Products, for Sale

Undisclosed, London
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  • Status

    FOR SALE

  • Date Submitted:

    27/10/23

  • Advert ID

    601787

  • Reference

    B07612 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £49,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Highly rated hair salon for sale

Business
Please quote reference B06712

CoGoGo are happy to welcome to the market a highly rated and well presented hair salon in Wimbledon, London. 

The business was first established by our client in 2018, building up an excellent reputation and regular customer base within the area. As seen by the ratings and reviews on Facebook and Google, it's extremely popular. 

The salon has now come to the open market due to our clients desire to concentrate on their other salon business. 

The business is renowned for their excellence in hair cutting, perfect colouring and exceptional beauty. They are the proud merchants of exceptional luxury products and praised for their knowledge of the latest trends and styles.

They also retail a range of hair products through the salon shop.

The business offers a range of services for women including;

  • Cut and Blow Dry
  • Blow Dry
  • High & Low Lights (Full and Half Head)
  • T Section
  • Permanent Colour
  • Full Head Colour
  • Retouch and Refresh
  • Colour Correction
  • Pre Lightening and Tone
  • Glossing
  • Toner
  • Full Balayage
  • Speciality Treatments
  • Express Colour Treatment
Key selling points -

  • A well established business with an enviable reputation and many existing customers
  • Prime trading position in a salubrious area with lots of footfall and passing trade
  • Ideal owner managed or partnership business
  • Current owner would be happy to offer a handover to ensure the continued success of the business
  • Beautifully presented with a considerable amount of money having been spent to make this one of the nicest businesses of its type in the area.
  • Perfect bolt on for an existing hair business looking for a foot hold in this sought after area.
Scope for further growth -

  • Increase advertising and marketing campaign
  • Maximise the use of social media
  • Extend the opening hours
  • Introduce beauty treatments
  • Sub let garden room to a complimentary business


Location
The hair salon is located in Wimbledon, London.

The business is situated on a parade of other shops, receiving high levels of footfall and passing trade. 

There is metered parking immediately outside the premises.



Premises
Situation on the ground floor.

Salon area -

  • Pleasing upmarket feel with wood flooring and groove panelling on the walls. Reception deask with high stools. Sofa area which is used as a waiting area for customers. Hair stations each witheir their own chair, mirror and console table. Shelving unit with salon/retail products. 
Wash basin area -

  • Three backwash units with classy chairs and wall mounted mirrors. 
WC facilities and hand wash basins. 

Garden/Garden room -

  • To the rear of the premises is a free standing fully insulated garden room that is currently let to a complimentary aesthetics company at a rent of £60 per day.
  • Seperate garden space also to the rear of the premises. 


Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £23,500 per annum. 



Hours
The current trading hours are -

Monday - Closed

Tuesday & Thursday - 11:30am - 8:00pm

Wednesday & Friday - 10:00am - 6:00pm

Saturday - 9:30am - 6:00pm

Sunday - Closed



Staff
We are advised that the business is run and managed by the owner, with the help of 1 full-time and 1 part-time members of staff. The salon has another staff members who's currently away on maternity leave. 



Financial Profile
Further financials can be made available upon request. 



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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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