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Profitable Beauty Salon, £33k Net Profit, Strong Team For Sale

Central London, London, UK, ID 267901

Profitable Beauty Salon, £33k Net Profit, Strong Team For Sale 1
Profitable Beauty Salon, £33k Net Profit, Strong Team For Sale 1
Asking price:
GBP£59 950
Turnover (per year): £230 000 gbp
Net profit (per year):£33 000 gbp
Owner
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Description

Established and Profitable Beauty Salon OpportunityAn excellent opportunity is available to acquire an established and profitable beauty salon generating annual turnover of approximately £180,000-£230,000, with a net profit of around £33,000 after owner salary.The salon operates from well-presented premises with a healthy rent ratio of approximately 10-12% of turnover. The business benefits from a secure lease with renewal rights under the Landlord and Tenant Act 1954, with the option for a new lease to be agreed directly with the landlord.The business is supported by an experienced and loyal team, with established individual turnover performance and strong operational capability.There is significant potential for further growth through expanding treatment offerings, increasing marketing activity and developing retail sales opportunities.A smooth handover period is available to support the incoming owner and ensure a successful transition.

Details

Real Estate: Lease
Employees (ppl): 4
Asking price: 59 950 gbp
Turnover (per year): 230 000 gbp
Net profit (per year): 33 000 gbp
Rent (per year): 21 500 gbp

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