Established Hair Salon for sale in Chingford London

A well-established hairdresser's salon in Chingford, London, is now on the market for sale. This successful venture has been operating in the area for 25 years, and I have had the privilege of owning it from its inception. 

The leasehold price currently stands at £90,000, with the business demonstrating a healthy financial performance, reflected in the current annual turnover of £100,000. The impressive profit margin of £55,000 stands as a testament to the prospect of a prosperous business. While the asking price is negotiable, it guarantees the inclusivity of all fixtures and fittings relevant to the daily operations. Rent is also open for negotiation.

The salon's prime location on the main road, just a stone's throw away from the Chingford train station, drastically increases its visibility and accessibility. The easy availability of bus routes further contributes to its convenience. With its significant reputation, gained and maintained over two and half decades, and no notable competition in the proximity, this salon stands as a well-established go-to in the local area. 

Currently, the salon is serviced by two additional, dedicated employees, and we operate from 9 am to 6 pm, with Sundays being the exception. The distinguished presence of the business on popular social media platforms like Instagram and Facebook enhances its reach. Moreover, there's scope to increase this online visibility by tapping into the potential of online booking platforms.

One of the prime reasons for the sale is my impending retirement. However, I am committed to ensuring a smooth transition for the new owner as the landlord. So, I am willing to offer comprehensive training opportunities to the potential buyer and share my depth of knowledge and experience, assuring the salon’s sustained success. Should you require further detailed information about this promising business opportunity, please feel free to get in touch with me.