An Upmarket Beauty Salon on Busy Southwest London High Street

Description

A glamorous salon offering various beauty treatments with a solid and loyal customer base that occupies an outstanding business position in a prime South London location literally a few meters away from an underground station. The salon offers large floor space with 2 private beauty rooms, all fully air conditioned.

The net rent is only £665 per month combined with significant footfall making the salon incredibly profitable.

The business is offered for sale due to the owner to retiring.
This is an excellent opportunity to acquire a newly fitted beauty salon with a thriving business ripe for further development at an extremely attractive asking price and with huge turnover potential.

Asking Price - £140K

Potential Down Payment - £45K (subject to qualification)

Turnover - £114K annually

Discretionary Earnings - £90K

Key Features:
• Vibrant current business in a very busy location very close to an underground transportation link
• Very inexpensive rent (net is £665 per month) so very profitable
• Beautifully presented, well-maintained
• Longstanding presence and reputable stance with faithful client base
• Excellent large working space with significant potential for further expansion and development
• Main beauty area with two private beauty rooms

Property Details: Leasehold

Location: Prime South London High Street only a few meters away from underground station. The business occupies an outstanding and prominent trading position on a parade of shops and businesses at the heart of the area with close parking to the front of the shop and ample on-street parking in the immediate area.

Reason for Sale: Retirement

Premises Details: The salon includes those that are comprehensive to a beauty Salon including a beautifully presented main beauty room and two private rooms as well. The salon is of the highest standards with brand new fixtures, fittings, furniture, and equipment.

Competitive Overview: Location is on a very desirable high street in South London. There are other competitors but the footfall is significant so demand is greater than supply.

Potential Growth: Great potential for expansion using the 2 treatment rooms for other services and also expanding customer base with local advertising.

Our View:
This is a highly unusual opportunity to acquire a beautifully presented, established, and thriving business in a location that does not come up very often. The low net rent makes the location exceptionally profitable.

Early viewing is very highly recommended.

PLEASE NOTE:

Financing may be available subject to status.

For additional details or to arrange to view the business, please contact Transworld Business Advisors UK on +44 (0) 1372 540 989 or via email at nsaleh@tworlduk.com

To arrange for a viewing or for any other enquiries, please get in touch!
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Listing Details

• Listing Number: 62394-628459
• Location: Greater London, England
• Price: 140,000
• Down Payment: 45,000
• Sellers Discretionary Earnings: 90,000
• Category: Beauty Salons & Supplies


• Inventory: 0
• FF&E: 60,000
• Employees:
• Years Owned:
• Reason for Selling: Retirement