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Top South East England Beauty Salon in New Malden London for Sale

New Malden, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    06/02/23

  • Advert ID

    507860

  • Leasehold: £80,000
  • Rent: £9,600
  • Turnover: £99,000 (£1,904 Per week)
  • Net Profit: £60,000 (61% Profit margin)

Key Features

  • Established Business
  • High Turnover
  • Price Reduced
  • Prime Location
  • Town Centre location
  • Potential for Alternative Use
  • Close to Local Amenities
  • Attractive Business
  • New Lease
  • Fully Fitted
  • Company for Sale

Business Details

A HIGHLY REGARDED BEAUTY SALON – BASED IN SOUTH EAST ENGLAND

Beauty salon based in New Malden, South London. Having developed an exceptional local reputation, the Business offers a strong platform from which a new owner can facilitate further growth.

Beauty Salon was founded in 2010 and began operating from the owner’s home address. It commenced leasing its first premises in 2018 before relocating to a larger salon in 2019. Owner, who is offering buisness for sale due to a change in personal circumstances. Our Client is willing to provide a mutually agreeable handover period to facilitate a smooth transition to new ownership if required.

Beauty Salon offers a variety of nail and beauty therapy services for women and men, including Hand care, Foot care, Eye care, Massages, Facial treatments, Waxing, Ear candling, Aesthetic medicine, and permanent makeup.

A full list of available services can be provided upon request.

The Business prides itself on creating a warm and friendly environment in the salon, dedicating itself to providing a high-quality service. Operating within the beauty industry, Salon benefits from a wide-ranging and varied client base of 1,500, with a high rate of return custom.

The Business sources many sales through word-of-mouth referrals; invests in online, press and banner advertising; and interacts on social media platforms, including Facebook and Instagram.

Salon is the only beauty service provider in the area that carries out all of the aforementioned services in one place, making it a one-stop shop for its clients.

The Business benefits from a 4.9-star rating from over 1000 reviews.

Comprising 805 sq ft of operational space, the premises are leased to the Business by a private landlord for £9,600


Advises that the Business is not reliant on its current premises; as such, there is potential for Salon to be relocated to an alternative, larger site elsewhere within the region.

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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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