Central London Euston Unisex Barber Hair and Beauty Salon Available for Purchase
Camden Town, London
- Status
FOR SALE
- Date Submitted:
15/01/24
- Advert ID
605064
- Leasehold: £100,000 (Stock at valuation)
- Rent: £20,000
- Turnover: £90,000 (£1,731 Per week)
- Net Profit: £60,000 (67% Profit margin)
Key Features
- Accounts Available
- Established Business
- High Turnover
- Offers Invited
- Prime Location
- Small Business
- Close to Local Amenities
- Attractive Business
- New Lease
- Adjacent to Multiple Retailers
Business Details
Unisex barber hair and beauty salon for sale in central London Euston
I have owned this business for over seven years and it has consistently received positive reviews on Google. The location is particularly advantageous, as it is a five-minute walk from three tube stations and just one stop away from the bustling Oxford Circle.
The proximity not only to major retailers such as Sainsbury, Tesco, Boots, and Curry, but also to countless office buildings, affords a constant flow of potential customers.
There is significant opportunity to increase your income if you choose to take on this business. By hiring more staff, renovating the shop, and judiciously raising your prices, you can maximize the business's profitability. Its proximity to many large stores and thousands of offices offers a consistent stream of potential customers.
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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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