Profitable Beauty Salon - Excellent Location
About this business for saleProfitable Beauty Salon - Excellent Location
This is a well established beauty salon which has been running for 4 years.
Situated in an upmarket retail and business node of East London, it is surrounded by boutiques, restaurants and other complimentary businesses.
This is a trendy, bustling location well suited to this business type.
The salon has become a well known brand and has an extensive client base. There is an established marketing system in place to communicate with existing clients and to introduce new clients.
The location of the building offers good exposure and visibility which also encourages new clients.
The interior of the salon is beautifully decorated and provides an upmarket, serene space to be pampered. The business will be sold with all the equipment necessary to provide a wide range of beauty treatments.
There is an innovative rental agreement in place which allows for an extremely affordable rental on this upmarket space.
The current owner is operating the salon on a half day basis with a limited offering of treatments and is not utilising all the space available in the salon. There is huge scope to boost the profitability of this already profitable business.
This opportunity equates to a 40% return on investment on the current income.
The business is well priced as the owner is emigrating. This is an excellent opportunity which would be suited to a beauty therapist ready to become their own boss or expand their business.
For more information, kindly contact the listing Broker.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.