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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Well established Health & Beauty Salon

Tipton, West Midlands
Leasehold Price:
£20,000
Status
SOLD / WITHDRAWN
Advert ID
210175
Reference
S05775 / Rightbiz
    Variety of services

    High footfall location

    Well fitted premises

    Returning clientele

    Vast growth potential

The current owner has afforded the salon a solid reputation for high-end decoration, a relaxing environment and high quality treatments, creating a salon with excellent growth potential, now only selling, reluctantly, due to a change in lifestyle.Ideal for a buyer with a strong interest or experience in the beauty industry, this salon would make a perfect and enjoyable venture for its new owner. As the business has operated without a full-time hair stylist since 2016, all income has been generated from tanning and beauty treatments. With this in mind, a qualified and enthusiastic hair stylist or barber would earn instant income whilst building their own client base. There is also rent income of £240 per month from a part-time eyebrow blading professional.Steps could be taken to heighten this and excel the business to future success. Marketing through additional social media platforms and in print would be beneficial in attracting new clients. As the current owner is willing to stay on for a transitional period, the new owner will be provided with a full introduction. A new owner could take advantage of the fully fitted premises, stable client base and potential 'new business' growth. *incentives for Young Entrepreneurs (35 and under) include two months free ongoing rent and 1% 'Cash Back' on Completion.
Seller Details
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Listing Details
Leasehold Price: £20,000
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Location: Tipton, West Midlands
Sector: Health & Fitness, Beauty Salons
Financials
Annual Turnover: £32,000
Annual Net Profit: £17,000
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