Highly Rated Hair & Beauty Salon For Sale

Business
Please quote reference B07173

CoGoGo are delighted to welcome to the market A&B Salon, a high rated hair and beauty salon located in East Finchley, London. 

The salon was established by our client 3 years ago and has built up an excellent reputation and loyal customer base. 

A&B Salon has now come to the open market as our client is now looking to move on. 

A sleek modern salon, bathed in natural light, A&B offers all your hair and beauty favourites from powerhouse brands like Olaplex, Gelish, Dermalogica and Lycon.

Key selling points –

• Excellent branding
• Repeat trade
• High footfall location
• Newly refitted
• Outstanding reviews

Scope to improve –

• Push advertising – embarking on modern marketing campaigns. 

Location
A&B Salon is located on High Road, in East Finchley, London. 

The business has eye catching signage and receives high levels of footfall and passing trade.

Premises
Occupies a single fronted premises.

Ground floor –

• Modern and bespoke décor
• Newly refitted
• Wall art
• 2 Beauty rooms
• 6 Hair station
• Nail station
• Pedicure chair
• Newly refitted
• Aircon throughout

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 15 year lease. The rent is £38,000 per annum. 

Hours
The current trading hours are –

Monday – 09:30 – 19:00
Tuesday – 09:30 – 19:00
Wednesday – 09:30 – 19:00
Thursday – 09:30 – 19:00
Friday – 09:30 – 19:00
Saturday – 09:00 – 18:00
Sunday – 10:00 – 17:00

Staff
We are advised that the business is run and managed by our client, with the help of 3 beauticians and 3 stylists.

Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £250,000. Further financials can be made available upon request.