ID: 23382
Description
For sale is a high-end central London based hair and beauty salon. The salon has been operational for a number of years with an enviable reputation in the local community. The salon is very profitable - there have been strong, consistent net profits for its entire existence and continue to remain strong during the COVID situation.
Owner is not a hairdresser so the profits are based off other people\'s work only - this is a self-sufficient business. Profits can easily be taken to over ?150,000 if buyer is a beautician or hairdresser. By taking advantage of the empty chairs and currently unused beauty space, profits can reach over ?250,000 whether buyer is an investor or a hairdresser. This is truly a fantastic investment.
Accounts are available to view. All assets are included in the sale and there is no debt in the business.
Reason for sale: circumstances have changed and I can no longer run the salon as I originally intended. I also feel an owner/operator can really extract the maximum value from the salon - profits can easily double or even triple if an owner/operator took over the salon. I can honestly say this is a secure business investment for any business operator - great bolt on to an existing business portfolio, and with so many chairs currently not in use, the expansion potential is huge. Feel free to get in touch with any questions :)
Owner is not a hairdresser so the profits are based off other people\'s work only - this is a self-sufficient business. Profits can easily be taken to over ?150,000 if buyer is a beautician or hairdresser. By taking advantage of the empty chairs and currently unused beauty space, profits can reach over ?250,000 whether buyer is an investor or a hairdresser. This is truly a fantastic investment.
Accounts are available to view. All assets are included in the sale and there is no debt in the business.
Reason for sale: circumstances have changed and I can no longer run the salon as I originally intended. I also feel an owner/operator can really extract the maximum value from the salon - profits can easily double or even triple if an owner/operator took over the salon. I can honestly say this is a secure business investment for any business operator - great bolt on to an existing business portfolio, and with so many chairs currently not in use, the expansion potential is huge. Feel free to get in touch with any questions :)