15+ Year London Beauty & Nail Bar - Turnkey Opportunity For Sale

Description

Hair, beauty and nail salon in Farringdon, Central London.

Background

• Operating history: more than 15 years
• Current ownership period: approximately 2 years

Services

• Hair services
• Nail treatments
• Beauty treatments

Premises

• Ground-floor space
• First-floor space
• Existing salon fit-out
• Separate areas for different treatments

Customers

• Existing client base
• Repeat customers
• Local footfall

Additional Income

• One room currently rented
• Rental income: approximately £800 per month

Growth Areas

• Additional beauty services
• Extended opening hours
• Marketing
• Room rental
• Chair rental

Financials

• Annual turnover: approximately £97,500
• Annual rent: £29,000
• Additional monthly rental income: approximately £800

Reason for Sale

Reason: personal and family commitments.

Asking Price

Price: £74,995