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CONFIDENTIAL SALE
FOR SALE
03/01/23
505774
5 star-rated Beauty Salon for sale in Reading, Berkshire.
For sale is a well-established business for seven years. I have owned this business since the beginning. The salon is located in a high footfall in the main corridor that connects Reading west to the surrounding areas of Reading and central Reading. Therefore, it benefits from a steady stream of customers passing through the passage. Also, the business benefits from public transport links with the train station nearby.
We have placed an advertising screen across the building to attract more customers to our salon. The leasehold price is £90,000, and the current turnover is £156,000. We are open to offers. The net profit is £100,000. All the fixtures, fittings, and stock are part of the sale. Even the machinery, equipment, and tanning beds include in the sales deed.
We have a client database of over 6000 members with significantly less or no direct competition nearby. Unfortunately, due to other business ventures, I cannot concentrate on this business. Our work hours are from 10 am to eight pm from Tuesday to Saturday and has potential to increase the working hours. We have two registered employees and three self-employed fully trained staff to look after this salon and are willing to offer training opportunities to the new owners. We are also providing ample car parking for our customers for their convenience.
We have a solid social media presence on Facebook, Instagram and Twitter. In addition, we take bookings online from the company website and the booking platform TreatWell. Our business has an excellent reputation, with the highest rating in 2021 in our area.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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