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Hair salon for sale in West Wickham London with 14 years of operation and established clientele

West Wickham, London

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    646343

  • Leasehold: £120,000
  • Rent: £18,000 (£1,500 per month)
  • Turnover: £192,400 (£3,700 per week)
  • Profit: On request

Key Features

  • Smooth transition of ownership
  • Secure and accessible location
  • Secure premises with CCTV
  • Security and surveillance features

Business Details

Hair salon for sale

We are excited to present a thriving and fully operational hair salon for sale, an exceptional opportunity for any prospective owner or investor. This well-established business has been in operation for 14 years, boasting a dedicated team of four experienced stylists. Our client base remains consistently profitable, benefiting from a strong repeat clientele that appreciates the quality of our services.

The salon’s inviting atmosphere is complemented by modern styling stations, contributing to a solid reputation within the community. This turnkey opportunity promises steady income and significant growth potential for someone who is willing to be hands-on in the business. The salon is ideally situated in a secure and accessible location, ensuring a steady flow of customers.

Included in the asking price are five working stations complete with chairs, two wash basins, and a well-stocked reception area, along with essential fixtures and fittings that facilitate seamless operations. We've seen an increase in turnover over the past year, with current figures reaching £192,400. The annual rent for this prime location is just £18,000, making this an appealing and financially sound investment.

Attractive Features of the Salon

The business offers a smooth transition of ownership, benefiting from a small but efficient team that maintains effective management. Clients are welcomed into a spacious retail area and work environment, which includes dedicated storage and staff facilities, complete with a break room and kitchen. Moreover, our strong local visibility, coupled with a proactive social media marketing strategy, has played a crucial role in driving new business.

Security is a priority, with installed CCTV and surveillance systems ensuring a safe environment for both staff and clients. The salon is sensibly priced for sale, which reflects not only its strong gross and net profits but also the substantial value offered through the various elements included with the business. Serious inquiries are welcome, although strict buyer qualification requirements will be in place to ensure a good fit for the salon's legacy.

This opportunity presents the ideal chance for those looking to enter the beauty industry, whether as a new owner or as an investment in a well-performing business.

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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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