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Premium grooming studio MUNDY GROOMING for sale in Balham London SW12

Wandsworth, London
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Established Premium Grooming Studio for Sale  Photo 1
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Established Premium Grooming Studio for Sale Established Premium Grooming Studio for Sale Established Premium Grooming Studio for Sale Established Premium Grooming Studio for Sale Established Premium Grooming Studio for Sale Established Premium Grooming Studio for Sale Established Premium Grooming Studio for Sale Established Premium Grooming Studio for Sale Established Premium Grooming Studio for Sale
  • Status

    FOR SALE

  • Advert ID

    656728

  • Leasehold: £60,000
  • Rent: £22,008 (£1,834 per month)
  • Turnover: £72,000 (£1,385 per week)
  • Profit: £50,000 (ROI 83.33% • Payback 1.2 years)

Key Features

  • Long-standing vendor ownership
  • Long-term lease stability
  • Longstanding industry presence
  • Low competition in local area

Business Details

Established Premium Grooming Studio for Sale

MUNDY GROOMING is an upscale grooming studio located in Balham, London, dedicated to delivering an array of high-quality services including barbering, hairdressing, and beauty treatments. The studio prides itself on providing a stylish and welcoming atmosphere where clients can indulge in exceptional personalised experiences. With an unwavering focus on detail and customer satisfaction, MUNDY GROOMING stands out as a premier destination for modern grooming needs.

This vibrant establishment has been under its current ownership for just one year, during which it has successfully attracted a steady clientele due to its prime location. The surrounding area boasts various amenities including shops and restaurants, making it a convenient stop for customers. MUNDY GROOMING operates in a market with moderate competition, allowing it to thrive and stand apart with its luxury services.

Within the year of operation, MUNDY GROOMING has experienced a notable increase in turnover, indicative of its growing popularity. The owner has decided to sell the business primarily due to travel commitments. Currently, the studio employs two staff members who contribute to its vibrant atmosphere and exceptional service delivery. Importantly, MUNDY GROOMING maintains an online presence, allowing it to reach and engage with a wider audience.

Inclusions and Opportunities

The sale includes all fixtures and fittings, ensuring a seamless transition for the new owners without the need for additional investment initially. The studio benefits from a long-term lease stability, complemented by a newly fitted interior and modern equipment throughout, including state-of-the-art barbering tools. Additionally, it features multiple service stations and a nail station, which allows for a diverse range of grooming options.

Marketing potential is significant, as the business already enjoys a strong reputation within the community, supported by positive customer reviews and minimal advertising efforts required to maintain a steady clientele. The mix of commercial and residential surroundings further enhances its appeal, providing opportunities for passive income through services catering to local residents.

Support and Transition

One of the key advantages of acquiring MUNDY GROOMING is the promise of continued support during the transition process. The current owner is willing to provide assistance to ensure that the new owners feel confident and equipped to take over operations smoothly. This commitment extends to offering training opportunities for the team as well, ensuring continuity in the high standards of service that clients have come to expect.

In summary, MUNDY GROOMING presents a unique opportunity for prospective buyers looking to step into a well-established business in a welcoming community. With its luxurious offerings, growing customer base, and strong potential for future growth, it is poised for continued success.

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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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