Hairdresser salon for sale in Finchley London
Finchley, LondonEst. 8 years
- Status
FOR SALE
- Advert ID
650391
- Leasehold: £1,150
- or
- Freehold: £35,000
- Rent: £13,800 (£1,150 per month)
- Turnover: £80,000 (£1,538 per week)
- Profit: £70,000 (ROI 200% • Payback 0.5 years)
Key Features
- All existing stocks included
- All-inclusive sale package
- Ambient lighting design
- Appointment-based service model
Business Details
Hairdresser salon to sell in Finchley
Introducing a promising salon opportunity located in Finchley, London, ideal for anyone looking to invest in a business with an established client base and steady income from self-employed rental spaces. With eight years of successful operation, this salon has all the essential features for continued growth and profitability.
The salon boasts a modern and stylish interior, featuring elegant wooden accents and a touch of lush greenery that creates a welcoming environment. The workspace is well-equipped, offering multiple hair styling stations complete with round illuminated mirrors, providing both functionality and aesthetics. A dedicated area for nail services enhances the range of offerings, ensuring clients have access to comprehensive beauty services in a cozy atmosphere underscored by warm lighting and inviting furniture.
Its prime location guarantees excellent visibility and significant foot traffic, making it an ideal spot for attracting new customers. Surrounded by various amenities, including shops and restaurants, the salon benefits from the high flow of potential clientele. An added advantage is the low level of competition in the area, positioning this salon as a highly appealing business venture.
Financial Highlights
The financial prospects of the salon are impressive, with a current turnover of £80,000 and a profit margin reaching £70,000. The annual rent is set at £13,800, allowing for a healthy profit margin while all existing stocks and fixtures are included in the asking price. Furthermore, there has been a notable increase in turnover over the past year, demonstrating the salon's ongoing growth potential.
Additional Features
This all-inclusive sale package is designed to make the transition as seamless as possible for the new owner. Key highlights include:
- All existing stocks included with the sale
- Ambient lighting design that enhances the overall environment
- An appointment-based service model that maximises client satisfaction
- Attractive accommodation design ideal for creating a loyal customer base
- Strong acquisition potential for further growth
With three employees already in place, the salon is well-equipped to continue delivering top-quality services. The owner is selling due to relocation, offering an incredible opportunity for a motivated individual or team to take the reins of this successful salon. Enquire today to discover the full potential and make your mark in the beauty industry.
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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.
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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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