For Sale
Highly Rated Hair & Beauty Salon For Sale
Greater London, Greater London
- Asking Price: £84,995 +SAV
-
Turnover:
We are advised as per the 2022 accounts, the business generated a turnover in the region of £250,000. Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07173
CoGoGo are delighted to welcome to the market A&B Salon, a high rated hair and beauty salon located in East Finchley, London.
The salon was established by our client 3 years ago and has built up an excellent reputation and loyal customer base.
A&B Salon has now come to the open market as our client is now looking to move on.
A sleek modern salon, bathed in natural light, A&B offers all your hair and beauty favourites from powerhouse brands like Olaplex, Gelish, Dermalogica and Lycon.
Key selling points -
- Excellent branding
- Repeat trade
- High footfall location
- Newly refitted
- Outstanding reviews
- Push advertising - embarking on modern marketing campaigns.
We are advised that the business is run and managed by our client, with the help of 3 beauticians and 3 stylists.
The current trading hours are -
Monday – 09:30 – 19:00
Tuesday – 09:30 – 19:00
Wednesday – 09:30 – 19:00
Thursday – 09:30 – 19:00
Friday – 09:30 – 19:00
Saturday – 09:00 – 18:00
Sunday – 10:00 – 17:00
A&B Salon is located on High Road, in East Finchley, London.
The business has eye catching signage and receives high levels of footfall and passing trade.
Occupies a single fronted premises.
Ground floor -
- Modern and bespoke décor
- Newly refitted
- Wall art
- 2 Beauty rooms
- 6 Hair station
- Nail station
- Pedicure chair
- Newly refitted
- Aircon throughout
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 15 year lease. The rent is £38,000 per annum.
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Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
