Prime Location Beauty Salon in Harrow London with High Growth Potential, Over 12 Years Established
Harrow, London
- Status
FOR SALE
- Date Submitted:
20/01/24
- Advert ID
605347
- Reference
GO2383 / Rightbiz
- Call Agent:
- Leasehold: £40,000 (Stock at valuation)
- Turnover: £70,000 (£1,346 Per week)
- Net Profit: £24,000 (35% Profit margin)
Key Features
- Small Business
- Town Centre location
- Accounts Available
- Fully Fitted
- Prime Location
- Established Business
Business Details
Centrally Located Beauty Salon with excellent reputation and scope to expand.
Beauty Salon Harrow
Turnover: circa £70k
Net Profit: circa £24k
Rena’z is a cherished beauty and permanent makeup business with a legacy of over 12 years offering exception beauty services from in Harrow, London. The business has been operated by the vendor since inception and is now made available for someone to take the business to the next level.
THE OPPORTUNITY
Proven Success: Walk into a business with a solid foundation, with a proven track record of success over the 12 years since it was established, and in this time, has built up a loyal, repeat customer base. Our client is making the business is available with the client book making this an attractive turnkey business for a new operator.
Prime Location: The service is located on the outskirts of Harrow, London just off the Harrow & Wealdstone train station on a busy parade of shops.
Excellent Growth Potential: The business operates a tactile, fully functioning website which showcase the business offerings and offers a complete online booking system, therefore offering excellent scope to expand into additional locations throughout the UK utilising this established brand to springboard from. An experienced beautician could use this business to grow into additional areas and introduce a training academy to boost the reach.
SERVICES
· Eyebrow Microblading
· Laser Hair Removal
· Lip Blush
· Skin Peel
· Lash Extensions
· Dermaplaning
· Microneedling and more
The current vendor offers a very popular training course for individuals looking to get into the lash extension profession, giving a unique opportunity for an experienced beauty technician to capitalize on this opportunity.
PRODUCTS
The business has ongoing relationships with suppliers and preferred terms for products used in the salon, all of which a new owner will benefit from. The business also offers products for sale in the salon, boosting revenue.
MARKETING
The business has limited marketing needs and enjoys ongoing referrals from new and existing clients. There is a user-friendly website in place providing information on products, services, pricing and importantly offers an online booking option. The business also benefits from a following on Facebook, Twitter, and Instagram to boost public awareness of the salon.
PREMESIS
Operated from a leasehold retail premises which will be made available by an assignment of the lease at £800 per month. Full details on the agreement will be made available to interested parties. The business benefits from a host of equipment including laser machinery which has been a significant investment from the current owner.
The premises has 2 fully equipped beauty rooms with the addition of a space for providing hair services, which is not utilised by the current vendor.
MANAGEMENT AND EMPLOYEES
The business is managed by the vendor only.
GROWTH OPPORTUNITIES
There is endless growth potential for an existing operator or someone looking to enter the market with an established brand and customer base with this well-established business:
· Expansion into New Locations
· Product Diversification into Injectables
· Enhanced Digital Marketing
· Ecommerce Platform Improvements
FINANCIAL INFORMTAION
Detailed accounts and financial statements will be made available upon request.
FURTHER INFORMTAION
Don't miss out on this incredible opportunity to own and grow this unique business with an exceptional branding presence.
Further information is available by speaking with us and for more information please contact us.
Contact Agent
Listing Statistics
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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