Salford Manchester Hair Salon with Large Customer Base and Growth Potential for Sale
Salford, Manchester
- Status
FOR SALE
- Date Submitted:
01/09/23
- Advert ID
519024
- Reference
B06780 / Rightbiz
- Call Agent:
- Leasehold: £39,995
- Turnover: £133,000 (£2,558 Per week)
- Net Profit: £20,000 (16% Profit margin)
Business Details
Well Established Hair Salon For Sale
BusinessPlease quote reference B06780
CoGoGo is privileged to present to the market this well-established hair salon business. Hair Razors is now being sold, albeit reluctantly and with a heavy heart only due to the owners wish to take a well-earned retirement. The vendor is keen to see his beloved hair salon pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.
The spacious Leasehold business opportunity combines a modern hair salon on the ground floor.
There are over 200 Facebook followers with an impressive 4.2/5 customer feedback score.
From hair consultations, simple cuts and subtle colouring to complete cutting-edge redesigns, they have created an environment that its passion, flair and artistic knowledge shines through.
With personal hair consultations, bespoke help and advice, it is easy to see why this salon business is one of Salford leading hair businesses.
Scope to Improve:
- Advertising and marketing campaign
- Maximise the use of social media particularly Twitter
- Rent out the treatment rooms as an additional income stream.
- A well-established business with an enviable reputation and many existing customers
- 1000 followers on both FACEBOOK and INSTAGRAM
- Perfect trading position on a busy main road with loads of footfall
- Presented in perfect decorative order with all fixtures and fittings making this a real Turnkey business opportunity
- Current owner happy to offer a handover to ensure the continued success
- Offers redevelopment potential.
- Another trading business on the first floor providing rental income
Location
The business sits along a busy parade of community shops.
This is a large residential area with excellent footfall throughout the day and evening.
A main bus stop not far from the business.
The business benefits from customer parking close by.
Premises
The property is beautifully presented inside and out, with excellent eye-catching signage.
Upon entrance is the service area the salon has 8 dressing out units and 3 backwash units. It was refurbed around 3 years ago to a classy, contemporary design and is a lovely, welcoming salon.
The property has an upper floor which is currently rented out to a beauty company independently.
Tenure
We are advised the business is being sold on a Leasehold basis with 5 years remaining on the current Lease, the rent is £2,000 per month with rates payable at £300.
Hours
The business trading hours are as followed:
Monday - Closed
Tuesday to Saturday - 09:00am - 18:00pm
Sunday - Closed
Staff
The business is run and managed by 3 full time and 2 part time staff members.
Financial Profile
Financial information can be made available upon request.
Please quote reference B06780
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.'.
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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.
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Contact seller
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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