Established Unisex Hair Salon with Loyal Customer Base for Sale
Undisclosed
- Status
FOR SALE
- Date Submitted:
23/12/19
- Advert ID
253972
- Reference
91081-766739 / Rightbiz
- Call Agent:
- Leasehold: £20,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Much Loved Unisex Hair Salon
Transworld Business advisors is pleased to offer for sale this well established, highly regarded unisex hair salon. The salon has been trading for nearly forty years and has a built a strong loyal customer base who appreciate the traditional values, reliability and knowledge that the salon has at the heart of its customer service.
The traditional approach and customer knowledge provides a bedrock for the salon’s revenue, but also provides a new owner with significant growth opportunities through the adoption of modern technology, digital marketing methods and the development of a social media presence.
The salon is situated in a charming Sussex town and is very much in keeping with the character of the local community. The salon itself has fourteen customer stations, with a mix of dryer, shampoo and styling chairs. The salon has been well maintained with refurbishment of the furniture, whilst retaining its original authentic presentation.
As well as the owner there are two self employed stylists and a shampooist who rent chairs. The owner wishes to remain in the salon post sale on a similar arrangement.
This is a superb opportunity to own an established salon with a loyal customer base and strong growth opportunities.
All enquires welcome to Sussex and West Surrey office of Transworld Business Advisors.
KEY DETAILS
Tenure: Leasehold
Remaining Term: New 10 year lease available
Rent: £10,000
Rates: £0
Asking Price: £20,000
SDE: approx. £30,000
Gross Profit Margin: 97%
Net Profit Margin: 57%
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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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