Advert Ref: BS.0417.20.HL

Large Beauty Salon In The East Finchley Area For Sale

  • East Finchley, London

Under Offer

Asking price:
£19,950
Sales revenue:
£116,535
Net profit:
Undisclosed

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County Business Sales have pleasure in bringing to the market due to family commitments, this leasehold Beauty Salon located in NW11. This is a fantastic opportunity to acquire a successful and established salon for a very competitive price. Location: East Finchley tube station is within walking distance. The area is an example of early twentieth-century domestic architecture and town planning located in the London Borough of Barnet in northwest London. The salon is highly visible, situated on a large parade of shops with a heavy footfall, a great reputation and a loyal customer base. Premises: Single metal/fully glazed frontage with a single entrance door leading to a reception area and two nail bars. A corridor leads to four treatment rooms, staff room, kitchen, W/C and rear entrance to service area and parking for staff. There is free customer parking directly to the front of the salon.

Property:
Leasehold
Lease terms:
We are advised that the current secure, renewable lease expires in 2021. Rent: £20,000
Energy Performance Rating:
D

Expansion potential:
We feel that with a working owner and more staff to fully optimise the four treatment rooms and two nail bar stations the turnover could be increased significantly. The business has been priced for a quick sale due to the owner not having enough time to run her family and the business.

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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