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We are pleased to present a very spacious hair and beauty salon finished to a very high standard at the end of a very busy parade high street of shops in a North London neighbourhood. The salon has been running over the last 6 years. The premises benefit from a high footfall and stream of repeat affluent customers in North London. The shop includes a large ground floor area, which is about 100 square metres (1,100 square feet) large, and similar space on the basement level. The premises include 7 seats for ladies and gentlemen hairdressing, and 4 seats at the back for washing hair. The lower floor includes three beauty treatment rooms with beds, a store room, a main hallway with supplies, as well as one large seminar room, which could be used for training or other beauty therapies.
The business generates gross sales of well over £5,000/week. The salon also generates further revenue by renting the lower basement floor to beauty therapists and a nail professional who offers nail services for ladies on the main floor. The hair salon offers styling, colour, hair and scalp treatments with a price range from £25 to £160+ per service. Rent for the premises is £33,000/annum under a 20 year lease, with 10 years remaining, and business rates of £18,000/annum. The business owners are happy to offer a period of handover/training if required for genuine buyers of the salon.
There are several growth opportunities with this business under new ownership, including:
• Further expansion of existing clientele through more advertising.
• Developing the nail business as an integrated part of the business.
• Developing beauty therapy treatments as an integrated part of the hair salon and using the basement space for this.
The owners are selling the business to devote time to a similar business closer to where they are based in Hertfordshire.
This business is being marketed by Transworld Business Advisors as sole agency advisors. Please get in touch on or for more information about this great opportunity.
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