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(REF: 1237E)  Superbly Presented Unisex Hair And Beauty Salon
 
Seller Reference: 1237E
B4S Reference: 31881
Asking Price: £115,000
Net Profit:
Sales Revenue: £180,600
Number of Staff: Send enquiry for more details.
Established For: 10  Years  0  Months
Ownership: Leasehold
Location: Undisclosed, East London, United Kingdom
  Business Summary   
  HISTORY

• Established on site 10 years following refurbishment of dockside warehouse as a mixed residential/commercial centre
• Fully refitted to an industry leading standard at substantial cost
• Full ongoing programme of investment to maintain premises to an excellent standard
• Website introduced
• Reliable repeat customer base established over the years


REASON FOR SALE

• Vendors wish to pursue alternative business ventures


PRODUCTS

• Kevin Murphy
• Keratase
• Wella
• Beaubronz
• Cinderella hair extensions
• Products are also available for retail sale


SERVICES

• Full range of traditional, contemporary and fashionable hair styles for ladies, gents and children
• Colouring
• Perming
• Extensions
• Highlighting
• Straightening
• Weddings and occasions
• Waxing
• Manicures and pedicures
• Facials
• Massage
• Tinting

CUSTOMERS

• Substantial client base
• Loyal with exceptionally high repeat rate
• 90%/10% ladies/gents split
• Children
• Most clients are in the 20 to 50 age range
• Affluent middle and upper income demographic


SUPPLIERS

• Products sourced from a range of traditional wholesalers

PREMISES

• A modern unisex hair salon located inside a sympathetically refurbished dockland warehouse
• Superb decorative order throughout
• 8 cutting stations
• 3 backwashes
• WC
• Sales counter
• Customer seating area
• Beauty room
• CCTV within complex

STRENGTHS

• Well established salon trading from current site since 2000
• Superb location offering wonderful lifestyle
• Retail sales
• Superb reputation within the locality
• Substantial computerised affluent client base with booking system
• Stable and reliable staff
• No immediate investment beyond consideration price required
• Positioned within an extremely busy part of the rejuvenated docklands
• Favourable rent and rates figure for London Docklands




DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: • Highly visible trading position in busy residential/commercial wharf side location
• Superbly located on main internal thoroughfare from local amenities to dock area
• Beautifully refurbished dockside warehouse with wonderful interior decor
• Close to flats, restaurants, hotels, bars, shops, car park and financial institutions
  Growth Potential   
  • Superb opportunity to exploit under utilised cutting stations
• Additional opening hours
• Opportunities to review pricing structure upwards
• Marketing to established client base
• Introduction of a loyalty scheme
• Development scheduled in the area
• Significant opportunity for cost reductions for working owner
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  • Tuesday to Friday 10 AM to 8 PM
• Saturday 8 AM to 6 PM
• Sunday 10 AM to 4 PM
• Monday closed
  Summary of Staffing   
  • Vendors work only occasionally in the salon and the business is managed at arms length
• 2 full time stylists
• 1 part time stylist (4 days per week)
• 1 part time stylist (2 days per week)
• 1 part time stylist (1 day per week)
• 1 full time beautician





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