Reputable Hair Salon For Sale
London, City of London
- Asking Price: £69,999 +SAV
We are advised the business generated an advised turnover of crica £78,000.
Please quote reference B06596
- Tenure: Leasehold
Please quote reference B06596
Hilton Smythe are pleased to have been given the opportunity to manage the sale of Cindas Hair Studio which is a well-established Hairdressing business with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular local business in an area teeming with customers.
There has been a hairdressing business at these premises for many years and the current owner has run it successfully and lucratively since 1995 and the business has been a real labour of love for her accruing a fantastic reputation and many regular customers.
The vendor has enjoyed her time in the business but now the time has come to pursue a change in direction.She is keen to see her beloved hair salon pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.
Cindas Hair Studio offers a wide range of hair treatments and services in a relaxed and friendly environment and provides friendly advice on everything required to keep their customers hair beautiful and in top condition. Being specialists in all hair types the business prides itself on their ability to combine sophistication with a unique artistic edge.
The creative and energetic team aims to provide the best quality service to each and every one of their clients whilst matching their desire to the vast skill set provided by the business.
Cindas Hair Studio has had much of its work published in leading hair magazines in the UK and USA and such is the reputation of the business that clients travel from all parts of the country to experience it’s services.
The clients of the business are a blend of European and Afro-Caribbean hair types.
Services provided include;
- Ladies and Gents haircuts and styling
- Cut and blow dry
- Wedding, Evening Hair Up and Prom hair
- Hair and Scalp treatments
- Weft Hair extensions
- Weave On
- Crochet Hair Styles
- Silk Press
- Hair Relaxers
- Advertising and marketing campaign. All of the current trade comes from existing customers and word of mouth referrals. An effective marketing campaign could increase business considerably
- Maximise the use of social media particularly Facebook, Twitter and Instagram
- Website ideally with gallery and online booking facility
- Extend the opening hours
- Introduce additional beauty treatments and rent out beauty rooms
- Well established business with an enviable reputation and many existing customers
- All fixtures and fittings included making this a real Turnkey business opportunity
- Ideal owner managed or partnership business
- Perfect trading position in a busy parade and opposite New Cross Gate Station
- Incredibly reasonable rent given the size and location of the premises
- Current owner happy to offer a handover to ensure the continued success
- A real opportunity to increase turnover and profits significantly, current owner has been running at a pace to suit.
This lovely little business is likely to attract considerable interest
The business is owner run and managed with the help of 2 part time staff members.
The business trading hours are as followed:
Monday - Closed
Tuesday to Friday - 09:30am - 18:30pm
Saturday - 09:00am
Sunday - Closed
Cindas Hair Studio is located in the New Cross area of London.
New Cross is an area of South East London, 4.5 miles south-east of Charing Cross in the London borough of Lewisham and the SE14 postcode. New Cross is near St. John’s, Telegraph Hill, Nunhead, Peckham, Brockley, Deptford and Greenwich and home to Goldsmiths, University of London and Addey and Stanhope School.
The area is served by two railway stations, New Cross and New Cross Gate. Both stations are served by London Overground.
Cindas Hair Studio is situated opposite New Cross Gate Railway station and sits alongside other complimentary retail businesses and thus benefits from really high levels of footfall and passing trade.
The business is beautifully presented and maintained with clear visible signage and distinctive livery.
Cindas Hair Studio occupies two floors of an inner terraced retail unit and is presented and maintained to the highest standards and briefly comprises;
Main salon with windows and glazed door to front creating a light and airy interior, high ceilings further enhance the feeling of space, spotlighting, bespoke reception desk, expensive looking wood effect flooring, customer waiting area,4 hair stations, each with chair, mirror, shelf and electrical sockets, 2 back washes, bespoke towel storage, freestanding glass display cabinets, wheeled trollies with drawers, 2 hood dryers, built in shelving unit.
Lower Ground Floor
Feature staircase to basement, generous accommodation with attractive wood effect flooring, customer waiting area, useful store rooms, kitchen with generous run of worktop, base and wall units, space for fridge and washing machine, WC with close coupled toilet and hand wash basin, potential beauty rooms.
We are advised the business is being sold on a Leasehold basis with 8 years remaining on the Lease the Landlord would be happy to negotiate a mutually acceptable lease with a new owner.
The rent is £19,500 per annum, which is incredibly reasonable given the size and location of the premises. Similar premises are commanding at least double the rent paid by this business.