Award-Winning York Hair Salon for Sale with Growth Potential
York, North Yorkshire
- Status
FOR SALE
- Date Submitted:
11/04/23
- Advert ID
511451
- Reference
588837 / Rightbiz
- Call Agent:
- Leasehold: £49,950
- Turnover: £120,900 (£2,325 Per week)
- Net Profit: Not Applicable
Business Details
Hair Salons For Sale in York
HAIR AND BEAUTY SALON in York for Sale.This is a wonderful opportunity to acquire this award winning, long established and well-respected hair and beauty salon which occupies a prime trading position fronting a commanding main road with free, easy roadside parking in this affluent district of York. The business has won multiple hair and beauty awards coupled with boasting a raft of Five-Star reviews on Google and Fresha. The business enjoys a fantastic reputation and has been operated by our client since 2016 who is now looking to semi-retire and would be happy to continue working part time in the salon post completion if so required by the purchaser. The business operates in sensible hours over a five day week, achieving an average weekly turnover of £2,325 and showing adjusted net profits in the region of £30,000 per annum. There is also scope to further increase revenue by sub-letting the beauty room, opening longer hours and / or offering extra services. The premises are held on lease at a reasonable rent for such a trading position and comprise ground floor glass fronted sales shop leading to reception and client waiting area. The main salon provides five dressing out points, colour station and two backwash stations. Could increase revenue with longer opening hours (another evening and Mondays) and offering extra services eg, hair extensions, eyelash extensions etc. Staff kitchenette and WC to rear. First floor beauty salon comprising nail bar and manicure and pedicure station, with additional beauty treatment room and massage table. The premises are immaculately presented throughout and really must be seen to be appreciated.
Stock £8,000. EPC Band E.
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Listing Statistics
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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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