Modern Hair Salon in Birmingham City Centre, 10+ Years in Business, Top Location
Birmingham, West Midlands
- Status
FOR SALE
- Date Submitted:
12/04/23
- Advert ID
511530
- Reference
11248 / Rightbiz
- Call Agent:
- Leasehold: £75,000
- Rent: £12,000
- Turnover: £156,000 (£3,000 Per week)
- Net Profit: On request
Key Features
- Offers Invited
- Accounts Available
- Fully Fitted
- Established Business
Business Details
Modern Ladies & Gents Hair Salon Birmingham City Centre
Quality fabulously fitted and equipped Ladies & Gents Hair Salon situated in a very desirable location in Birmingham City Centre having been operating for over 10 years (6 years in the present location) by the same owner who is now selling due moving away from the area. The salon is on two levels ground floor and basement and has 13 styling positions throughout with mirrors and chairs 4 backwashes reception desk comfy sofas Disabled WC and staff WC colour mixing bar staff room 1 x beauty room which could be sub-let and one car parking space. The total sales area is 1,626sq.ft. The annual turnover is around £156,000 operating just 5 days per week closed Sundays and Mondays with 3 full time staff and 1 self-employed plus the owner. The property is secured on a 10 year lease from 2017 with a rent of £12,000 per annum. Great potential for any new owner with the area having many luxury apartments being built and new bars and restaurants opening.
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Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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