A fully fitted, established hair salon directly opposite an Underground station. The business specialises in European, Afro-Caribbean and Asian hair, including extensions, styling, colour, hair-care and hair-loss solutions.
The premises contain four fitted styling stations, two wash basins, a reception and waiting area, storage and an established salon fit-out. The proposed sale includes the trading name and goodwill, fixtures and equipment, website and domain subject to transfer arrangements, telephone number, relevant digital and social accounts, booking history, supplier information and approximately 4,130 customer records.
PREMISES & STAFF
Leasehold (11 years remaining)
Rent: £16,500 pa
No service charge is currently payable and no business-rates payment is currently being made.
Current turnover is approximately £4,000 per month and the business is breaking even. The salon currently trades on a limited schedule, with one self-employed stylist working approximately one week per month. This leaves substantial unused appointment and chair capacity for an incoming owner-operator or salon business with its own team. Under fuller staffing, historic peak monthly turnover was approximately £14,700 during June–August 2019, with approximately 138 bookings per month.
(Historic figures are provided as evidence of previous capacity and are not represented as current maintainable earnings).
Instagram: 1,900+ followers
BUSINESS OVERVIEW
Type: Hair Salon
Location: Prominent and affluent North London location opposite a tube station
Established: 8 years
Turnover: £48,000
Reason for sale: Owner has relocated to Dubai and is seeking a complete exit because the business cannot be managed effectively from overseas.
