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Beauty And Tanning Salon In Knightsbridge For Sale

Knightsbridge, London, UK
Asking Price:
£689,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

A reputable beauty and tanning salon, in a highly sought-after area, is now up for sale.

• Confidential Sale.
• Affluent and desirable location.
• Exciting potential for expansion.

This long- running beauty business has been established for an impressive 10 years. Superbly located in the heart of London’s affluent Knightsbridge, this beauty and tanning salon benefits from a great mix of residential and business clients, who are both loyal, repeat customers, as well as footfall, walk-in business. Knightsbridge is one of the most desirable locations in London and the company hugely benefits from this wealthy, up-market customer base.

The salon itself is tastefully and beautifully decorated. Having recently undergone a refurbishment, customers can enjoy a range of treatments in the stylish and relaxing salon setting. Treatments offered range from aesthetics to simple beauty treatments including laser, LPG, non-surgical face lifting and UV tanning, spray tanning, facials and waxing. Injectables have been introduced as of July 2019.

The business requires minimal investment in refurbishment or redecoration and is being sold with all the fixtures and fittings. Equipment included in the sale includes:

• Tanning – UV – 2 Stand-up machines and 1 lie down& 1 Spray Tanning Unit.
• Hair Removal – Waxing & Permanent – inch Loss & Toning – 1 Faradic Slimming Machine
• Facials & Non-Surgical Face Lifting – Perfector Non-Surgical Facial system

The current owner has a full protection tenancy meaning that the new buyer will be able to extend the lease for a long period.

The successful tanning and beauty salon boasts an unparalleled reputation and thus benefits from limited competition in the area. However, there is great potential for expansion if the buyer so wishes. There is further scope to add new treatments and increase revenues substantially. The location would also work as an aesthetic centre. Furthermore, with the right sales and marketing drives, there is potential to increase the already loyal, repeat customer base as there is a captive market.

With people currently unable to undergo their usual beauty treatments – and with many just being in need of a pampering session – the salon will be in incredibly high demand, once restrictions are lifted and the business re-opens. The reputable salon prides itself on complying with all hygiene rules and will easily and confidently adapt to any new guidelines, set by the government, when hair and beauty salons can operate again. Furthermore, the beauty industry in general is one that continues to grow and thrive as we garner prominence on self-care. Thus, making this an exciting and smart investment for a potential buyer. The current owner believes this business would be well suited to a buyer who knows the area and potential, or an expat in the beauty industry looking to return to the UK.

With a great reputation, superb location plus exciting potential for expansion, this is an opportune investment in an industry very much worth being part of.

For more information about this business, please contact the seller on this page.

Property Information

Property:

Leasehold

Location:

Affluent area & demographics with a good mix of residential and business; great location and neighbourhood.

Premises Details:

Available on request.

Business Operation

Expansion Potential:

Enormous potential as there's a captive market. There's a great scope to add new treatments and increase revenues substantially. Location would work as aesthetic centre too.

Competition / Market:

Limited.

Reasons for selling:

Emigration.

Trading hours:

Monday - Tuesday 10-8pm, Wednesday - Friday 10am-8pm, Saturday 9am to 6pm.

Employees:
4 full time staff, all are fully trained and long-standing employees.
Years established:
10

Other Information

Support & training:

Ongoing support and training by existing owner for a specified period

Furniture / Fixtures value:
£70,000 - included in the asking price

Contact Seller

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