_Business_
_Please quote reference B06069_
Hilton Smythe is delighted to introduce to the market Masterclass Hair &
Beauty, located on Finchley Road, West Hempstead. The business was established
by our client in 2018. After taking over the lease of the premises, our client
completed a full high spec renovation and refit, to create Masterclass Hair &
Beauty. Only now does the business come to market as our client is looking to
relocate.
The unisex salon offers a range of professional hair services including cuts,
colours, perms and styling to clients of all ages.
This leasehold salon is very well known in the area with great support from
the local community. According to the 2019 accounts, the business reports a
good turnover of £70, 000 per annum.
Masterclass already has an online booking website, which has proven to be
effective and efficient for the customers. The business holds a 5 star review
status on google and is also a 5 star ‘top rated’ business on Treatwell.
Our client is happy to offer a hand over period to ensure the continued
success of the business and introduce the buyer to the regular clientele.
The premises are immaculately presented with modern equipment and décor.
There is ample scope to increase the already thriving turnover as our client
has run the business single handed since inception. There are 8 stations in
the salon, therefore there is ample scope to employ staff members or perhaps
rent out chairs, as well as the option to add more services in the beauty
sector.
Early viewing of this highly rated and popular business is highly recommended.
_Location_
The business is surrounded by a wealth of complimentary shops and businesses,
therefore benefits from a high volume of footfall and passing trade.
The area of the business is well served by the public transport system, with
several bus stops within easy walking distance.
The business is within 5 minutes walk distance of Finchley Road underground
station (Jubilee and Metropolitan line) and Finchley Road overground station.
The business is also within 3 minutes walking distance of the O2 shopping
centre and Sainsbury’s parking.
The area is well served by the a - roads, with the A506 within easy driving
distance of the business, which leads to the M1 & M25 motorway network.
_Premises_
Mid terrace premise briefly comprising of;
Main entrance into open plan salon with reception counter, 7 cutting stations
and 3 backwash systems. The interior features bespoke lighting, high gloss
floor tiles, modern décor and large mirrors.
To the front, the premises are very well signed and presented and to the rear
of the premises is a secure garden area. The size of the salon is 70 sqm.
The sale of the business also includes ;
* 8 hairdressing chairs
* Mirrors
* 3 backwash systems
* Bespoke reception desk
* Waiting area sofa
* Glass display shelving
* Lockers
* Website (online booking system)
* CCTV system
_Tenure_
We are advised that the business is being sold on a Leasehold basis, with 5
years remaining on the 10 year lease. The rent is currently £1, 665 per month.
_Hours_
The business trading hours are;
Monday - 10: 00AM – 8: 00PM
Tuesday - 10: 00AM – 8: 00PM
Wednesday - 10: 00AM – 8: 00PM
Thursday - 10: 00 am – 8: 00PM
Friday - 10: 00 am – 8: 00PM
Saturday - 9: 00AM – 7: 00PM
_Staff_
We are advised that the business is owner ran and managed.
_Financial Profile_
We are advised that as per the 2019 accounts, the business generated a
turnover in the region of £70, 000. Full financials can be made available upon
further request.
_Please quote reference B06069_

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