CoGoGo welcomes to the market Avalon Hair Studios, London. This business has a long trading history, as it was first established in 2006.
The business trades as a unisex hair salon. The salon receives a generous amount repeat loyal clientele from locals within the area. Our client offers a range of treatments, this includes cutting, styling, extensions and colours, to name a few. The salon is gradually becoming more sustainable and have changed their products to a company called Davines who are a sustainable company with naturally derived products.
The business currently trades 5 days a week and generates a turnover in the region of £240,000.
Since establishment the salon has built up an excellent reputation, with the 5 star google reviews including comments such as –
‘Salon was so clean along with professional service and staff, so happy , would highly recommend them.’
And
‘Another great haircut, a very professional and courteous team of stylists. Thank you.'
Our client is offering a hand over period to ensure the continued success of the business.
There is a business website with an online booking option, making it easy for clients to book their appointments.
The current owner also rents out 3 beauty rooms, generating a rental income of £20,380 per year.
The rooms offer a full time Acupuncture that specialises in fertility, menopause, sports injuries and anxiety.
A massage therapist who offers various massages from holistic, Swedish, to deep tissue sports & remedial.
A part time beauty therapist offering various beauty treatments for body, face, hands and feet and a part time anti-aging therapist who specialises in injections with BOTOX, PROFHILO skin booster & SEVENTY HYAL skin booster, AQUALYX fat dissolving injections and Dermal Filler.
Reasons to buy
Excellent reputation
Well established
Scope to increase revenue
Low overheads
High footfall location
Business can be run and managed successfully by the current team in place. (Our client only works 1 day per week in the salon to accommodate her long standing clientele only, the owner wouldn't need to be there everyday)
This is an excellent opportunity for anybody looking to get into the trade. Early viewings come highly advised and are by appointment only.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £240,000. In previous years, the business generated a turnover in the region of £190,000. Full financials can be made available upon further request.