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Hair & Beauty Salon - Bromley For Sale

Bromley, London, UK
Asking Price:
£49,950 Furniture / Fixtures included
Sales Revenue:
£23,956
Cash Flow:
Available on request

Prominent Trading Position
Accounts Available From May 2019 To April 2021
Turnover £23,956
Gross Profit £23,148
Low Rent Only £192 Per Week
Further Financial Info Available After Viewing
Two Hair Dressing Stations
Two Beauty Rooms
Two Pedicure Stations
Fully Equipped
Beautifully Presented
Repeat Customer Base
Free Parking
Scope to Introduce Further Treatments
Potential For Strong Marketing Drive
EPC - C

REF 7662 – Leasehold Hair & Beauty Salon

Blacks Brokers are pleased to bring to the market this leasehold hair and beauty salon located in Bromley, Greater London.

INTRODUCTION

Sparkle Beauty was established by our client in this thriving residential area of Bromley in April 2021 – previously a similar business operated here from 2017. The business offers a range of beauty and hair services including pedicures, nails, waxing, massage and so on. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a good amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted online. Sparkle Beauty has a comprehensive website in place and a strong social media following.

LOCATION

Sparkle Beauty occupies a superb position within a parade of shops and offices. Neighbouring businesses include independent retailers with large multiples close by on Orpington High Street. There are also a number of schools and housing estates nearby giving the business a constant stream of customers. The area is well linked by the M25 with very strong public transport links and parking is available immediately outside.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s other business commitments, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is leased directly from the local council. The current lease is a fifteen year lease which began in 2017 at a cost of only £192 per week.

BUILDING LAYOUT AND DESIGN

Sprakle Beauty operates from the ground floor of a spacious mid terraced property on a busy road. The business has large branding and signage on display above a fully glazed frontage. Inside, the salon is beautifully presented with modern décor and tiled flooring throughout. There are two mirrored hair stations, two nail bars, two raised pedicure spa areas, two private beauty rooms and a sunbed room. There are also toilet facilities and a large storage area to the rear of this large property. All areas are fully equipped and finished to a very high standard.

STAFF

The business operates with three members of staff supporting our client working in a full time management role.

FINANCIAL DETAILS

Sparkle Beauty has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has a turnover of £23,956 with gross profit of £23,148. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This newly established business occupies an enviable trading position in a bustling and sought after area of Bromley. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new services and longer opening hours. A new owner may also look to introduce special offers for locals and a strong marketing drive. This proposition would ideally suit an owner operating team who could push the business forward further. Early viewings are strongly advised.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON: CLOSED
TUE - WED: 09:30 - 18:00
THU: 10:00 - 20:00
FRI: 09:30 - 18:00
SAT: 10:00 - 17:00
SUN: CLOSED

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