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Long-Established Hair Salon In North London For Sale

North London, London, UK
Asking Price:
£49,500
Turnover:
£49,000
Net Profit:
£19,000

An established hair salon trading successfully for 30 years in North London, ideally located close to an Underground station. The business benefits from a loyal customer base, strong repeat business and offers excellent potential for future growth.

The salon is arranged over two floors, with five styling chairs and one backwash station on the ground floor, together with two additional styling chairs and a second backwash station on the first floor. The first floor offers scope to introduce beauty treatments, providing an opportunity to diversify services and increase revenue. The business is owner-operated with the support of one part-time employee and currently has around 100 active clients, with approximately 80% repeat custom.

This represents an excellent opportunity for an owner-operator to acquire a long-established salon with scope to expand the service offering and build on its loyal client base.

Further information will be made available following completion of a Non-Disclosure Agreement (NDA).

Enquire today to receive further information about this opportunity.

Property Information

Property:

Leasehold

Lease Terms:

Lease remaining: 5 years.

Leasehold Rent:

£9,620 per annum

Premises Details:

Salon arranged over two floors with five styling chairs and one backwash station on the ground floor, plus two styling chairs and one backwash station on the first floor, totaling seven styling chairs and two backwash stations.

Planning Consent:

Use Class E – Commercial, Business and Service (Hair Salon).

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Potential to introduce beauty treatments on the first floor.

Reasons for selling:

Retirement.

Employees:
Owner operated. 1 part-time employee.
Years established:
30 years