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£0 £1000000

Archived

Well established Hair Salon for sale

Orpington, Kent

  • Asking Price: £99,999 +SAV
  • Turnover: We are advised that as per the 2020 accounts, the business generated a turnover in the region of £250,000, with an adjusted net profit in the region of £50,000. Full financials can be made available upon further request. 

    Please quote reference B06090

  • Tenure: Leasehold

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*** ALL ENQUIRIES MUST BE MADE THROUGH HILTON SMYTHE ***

Please quote reference B06090

Hilton Smythe is delighted to present to the market In-Session Hair, a highly regarded independent salon with over 17 years trading history.

The salon has been voted as the number one salon to go to within the Bromley/Orpington/South-east London area and comes with an impressive database of 8,000 + clients.

The business is now 100% staff run and will offer any new owner the ability to walk straight in and continue with the excellent foundation created by our clients.

We are advised there is a very loyal team of 7 stylists including a Reception Manager, Floor Manager, 4 x stylists and 4 x assistants in place as well as team of 3 x self-employed stylists who operate on a chair rental agreement (achieving a yearly income of £31,000). The team have been with the salon for many years, and each attract a very loyal customer base.

The salon offers an unrivalled choice of ladies & gents hairdressing as well as children’s.

There are 3 levels of stylists – studio stylist, Art director and Creative director.

Technical services include – Global tinting, semi-colour, tint-regrowth, half & full head of highlights, express toning, colour correction, ombre/balayage, highlights T-line & tint, highlights half & full head, Creative colour, Bridal.

The above services come with 3 levels – graduate, technician & master levels.

Our client uses Wella for it range of colouring services.

Our client advises the team had previously been twice the size and that due to the decision to re-focus on other business interests have decided to scale down the operation to suit their needs, however any new owner could easily add to the team and further boost the current turnover levels.

It is important to note the salon had to change its name from ‘David Rae Salons’ due to making the decision to liquidate the previous limited company due to the forced closure of its second salon location in 2019.

Our client will be able to offer a full business handover which will include providing solid trading figures of this salon over the last two years.

Our client constantly looks to improve and update the salon and recently spent £50,000 on new chairs & mirrors throughout.

In our opinion, for anyone looking to re-create the current salon space would need to invest £150,000.

We are advised the new bookings for April 2021 have already reached in the region of £30,000!

Key Selling Points –

  • Fellowship for British Hairdressing ‘Creative excellence’
  • 4.5/5 Google review score
  • The team are regular performers at Salon International, Pro Hair & HJ Live
  • Excellent reputation with other salons & stylists  
  • 17 available hair stations
  • Colour Developing lounge
  • Private hair spa area
  • 1,500 square foot in total size
  • ‘Turn-key’ opportunity.
  • Potential to easily double current turnover levels
Very rarely do salons of this size, location or reputation come on to the open market, we highly recommend very early enquiries to avoid disappointment.

We are advised that the business has 7 full time and 4 part time members of staff.

The business trading hours are;

Monday – Closed
Tuesday – 9:00am – 6:00pm
Wednesday – 9:00am – 9:00pm
Thursday – 9:00am – 9:00pm
Friday – 9:00am – 9:00pm
Saturday – 9:00am – 6:00pm
Sunday - Closed


In-Session Hair Group occupies a highly desirable trading location on Station Square within the heart of Petts Wood.

This is much sought after area for any business, the salon sits along a busy parade of both independently run businesses, restaurants and coffee shops as well several high street banks & building societies, a Sainsbury’s local, Costa coffee, Paydens pharmacy, local estate agents and directly across from the Daylight inn public house.

Petts Wood is a traditional town in south-east London located in the county of Kent. It lies south of Chislehurst, west of St. Paul’s Cray and Poverest, north of Orpington and Crofton, and east of Southborough and Bromley common. The excellent transport links make it a commuter’s dream with reputable schools making it an ideal location for families.

The salon enjoys excellent footfall due to its location.

Nearest mainline station is Petts Wood, just 5 mins walk from the business.

The main bus terminal is also directly across from the salon with available customer parking in the neighbouring streets.

Ground Floor –

  • Reception desk
  • Client waiting area.
  • 17 x independent hair stations
  • Colour developing lounge.
  • Hair spa area
  • Backwash area – 3 reclining massage chair units
  • Storeroom
  • Staff room
  • Kitchen – laundry area
  • Staff/customer toilet facilities
Rear External –

  • Large storage garage unit
The sale of the business also includes;

  • All internal hairdressing chairs, mirrors, and backwash facilities
  • Website – online booking system
  • Client database – 8,000 clients

Tenure
We are advised that the business is being sold on a Leasehold basis, with a new 5 or 10 year lease available for the new owner. The rent is £2,375 per month and has £0 rates payable. 

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