Established Aesthetic Hair and Beauty Business in Kentish Town London For Sale
Westminster, London
- Status
FOR SALE
- Advert ID
623913
- Reference
S1775 / Rightbiz
- Call Agent:
- Leasehold: Price on Application
- Turnover: £140,000 (£2,692 Per week)
- Net Profit: £40,000 (29% Profit margin)
Key Features
- Company for Sale
- Offers Invited
- Attractive Business
- Small Business
- Established Business
Business Details
Westminster Based Aesthetics Hair and Beauty Business For Sale
Izabel Hair & Beauty presents a well-established, and very well-respected salon in the west end of London. The multi-faceted model specialises in hair colouring and extensions, beauty, and aesthetics treatments to include Botox and Filler injections.
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The business has been trading in hands of the current owner since it was launched in 2016, since then all aspects of the salon and clinic have grown organically. The business is superbly positioned on Harrow Road between Westminster and Kensington. The salon comes equipped with circa £40,000 in equipment and assets which are efficiently positioned within a light and airy leasehold unit. The owner has recently renovated the interior and the exterior of the trading premise, which stand out on the busy and demanded retail parade. Alongside the owner, who manages the clinic, there is a small team of highly competent staff who retain a loyal and regular team of staff.
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Key Highlights Include:
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- Excellent Trading Position in West London
- Fair Leasehold with low rent
- Average Weekly takings : £3200
- Separate room for Aesthetics treatments
- 15,000 Instagram followers
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The salon is very well known locally and does not need to advertise its services. We are advised that most clients are regular and repeat and often refer new custom to Izabel Hair & Beauty. Financially, the business generates a healthy profit that exceeds £40,000 per annum and full financial accounts can be provided upon request. Furthermore, there is no borrowing or debt in the company, platforming a cash generative acquisition opportunity.
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We are advised that there is approximately £20,000 worth of stock which can be negotiated as part of a transaction. The stock has a exclusive range of Brazilian made products that are scarcely available elsewhere in London. Overall, Izabel Hair & Beauty presents a great opportunity for owner operation but would equally form a ready-to-run bolt on to an existing salon or clinic wishing to develop their market share within London.
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Listing Statistics
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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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