Tanning & Beauty Shop in London - Prime Location, Great Revenue, 1800+ Clients
City of London, London
- Status
FOR SALE
- Date Submitted:
06/11/22
- Advert ID
503218
- Leasehold: £80,000
- Rent: £16,000
- Turnover: £90,000 (£1,731 Per week)
- Net Profit: £18,000 (20% Profit margin)
Key Features
- Offers Invited
- Fully Fitted
- Trade Gardens Available
- New Lease
- Small Business
- Prime Location
- Potential for Alternative Use
- With Car Park
- Attractive Business
- Established Business
- Close to Local Amenities
- Accounts Available
- Company for Sale
Business Details
Well Furnished Tanning and Beauty Shop in Prime Location
Beauty & Tanning salon for sale with 4 years of trading in a prime location
(West Hampstead)
Sale price set below x1 times revenue and x2.5 times returns to owner
Zero debt in the business
Post-Covid disruption sales revenue growth running at 20-30% annualised
Client contact database of over 1800 and growing daily
Open 65h per week
Opportunity to grow revenues through floor reconfiguration, promotion or expansion
All equipment and stock included in the price (3 Sunbeds and fitted beauty room)
Shop includes a garden suitable for expansion
Looking for a smooth handover, business is ready to operate immediately
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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