Retail premises for sale in City Of London, England, United Kingdom SE9
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Property description
Business
Please quote reference B08192
CoGoGo are excited to present to the market Aastha Hair & Beauty a high profitable and well-established salon located in the vibrant area of Eltham, City of London.
This salon built a strong reputation for providing exceptional beauty and grooming services, catering to a diverse clientele that includes women, men, and children. Aastha Hair & Beauty offers a wide range of services, including manicures, pedicures, facials, waxing, threading, tinting, eyebrow shaping, lash extensions, body massages, makeup, hair cutting, washing, dying and styling!
Situated in a bustling part of Eltham, the salon benefits from high foot-traffic, drawing in a steady stream of customers from the surrounding community.
The salon is fully equipped with high quality fixtures and fittings, offering a comfortable and professional environment for clients. The assets included in the sale are:
- 3x Hair Stations: Each station is fully equipped with modern styling chairs, mirrors, and storage, designed to provide a seamless experience for both stylists and clients.
- 2x Nail Stations: These stations are perfect for delivering top-notch manicures and pedicures, complete with ergonomic chairs and all necessary tools.
- 1x Beauty Room: A private, well-appointed room used for facials, waxing, threading, tinting, and massages, ensuring a serene atmosphere for beauty treatments.
- 1x Pedi Chair: A luxurious, state-of-the-art chair that offers comfort and convenience for pedicure clients.
The total value of these assets is approximately £10,000, reflecting the high standard of the salon's interior and equipment.
With years of operation, Aastha Hair & Beauty has built a loyal customer base, consisting of regular clients who return for the salon's excellent services. The business has maintained steady profits, with a well-organised appointment system and a reputation for quality that keeps the client list growing. The salon's diverse range of services ensures a steady stream of revenue, with the potential for further growth.
Opportunities for Growth:
While Aastha Hair & Beauty is already a thriving business, there are several opportunities to expand and increase profitability:
- Extended Operating Hours: The current operating hours could be extended into the evenings or weekends to attract more clients, particularly working professionals who may not be able to visit during regular hours.
- Expanding Services: Introducing additional services such as spa treatments, advanced skincare, or holistic therapies could attract new clients and increase the average spend per visit.
- Retail Products: Offering a range of retail beauty products, such as hair care, skincare, and cosmetics, could generate additional income and enhance the customer experience.
- Loyalty Programs: Implementing a loyalty program or membership plan could encourage repeat business and increase customer retention.
- Marketing and Promotions: A targeted marketing campaign, including social media advertising and local promotions, could raise the salon's profile and attract new customers from the surrounding area.
Aastha Hair & Beauty is a rare opportunity to acquire a profitable, turn-key business in a prime location within the City of London. With its established client base, high-quality facilities, and potential for further growth, this salon is perfectly positioned for a new owner to step in and continue its success.
If you are looking for a well-established beauty salon with a strong reputation, excellent location, and significant growth potential, Aastha Hair & Beauty is the perfect investment.
Location
The area is well-connected, with excellent public transport links and ample parking nearby, making it convenient for clients to visit. The salon's location in this lovely neighbourhood contributes significantly to its consistent customer base and revenue stream.
Premises
Aastha Hair & Beauty occupies a single-fronted premises with eye catching signage, inside features, 3 stylish hair station, 2 nail station, a dedicated beauty room, and Pedi chair.
Tenure
This opportunity is being sold on a Leasehold basis, we are advised the lease agreement ends in 2026. The advised rent is £16,000 per annum.
Hours
The current operating hours are:
Monday - Closed
Tuesday - 10:00am to 5:00pm
Wednesday to Saturday - 10:00am - 7:00pm
Sunday - 10:00am to 5:00pm
Staff
The business is run and managed by our client.
We are advised there are currently 2 people who rent chairs within the salon.
Financial Profile
The business generated a turnover of £33,000 (single worker). Full financials can be made available upon further request.
For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.