Premium Hair Salon in Hendon, London

An exciting opportunity to acquire a well-established, fully operational hair salon in Hendon, North London, offering an existing clientele, experienced team and excellent potential for further growth. With a trading history spanning approximately 19 years, the salon has built a strong presence within the local community. Since coming under its current ownership in June 2022, the business has undergone significant improvements, strengthening its reputation and achieving an impressive 4.8-star Google business rating from 187 customer reviews.

Generating annual turnover of approximately £149,000, the salon offers an incoming purchaser the opportunity to acquire an established trading business. The salon features five fully equipped styling stations, with all owned fixtures, fittings and equipment included in the sale.

The business benefits from an established team of 6, comprising 5 hairdressers, (including the salon manager/director) and 1 receptionist. The current owners are not professional hairdressers and do not personally provide salon services. This presents an attractive opportunity for an experienced stylist looking to own and operate an established salon, or an investor seeking a business with an existing team in place. With an established customer base, strong reputation and online presence, the salon provides a solid foundation for an incoming owner to build upon, with clear potential for further growth.

PREMISES & STAFF

Leasehold: 5+ Years Remaining

Rent: £1,250 per month
Team of 6 with 5 hairdressers, including the salon manager/director, plus 1 receptionist.

BUSINESS OVERVIEW

Type: Hair Salon

Location: Premium London Location

Established: 4 years

Turnover:  £149,000

Net Profit: £ TBA

Asking Price: £50,000