Retail premises for sale in Barnet, England, United Kingdom N2

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.