FOR SALE
20/10/20
268106
BMS10150 / Rightbiz
Business Overview
BuyMySalon is exclusively retained to find a purchaser for this independent beauty salon in for sale. Over the past 35 years, our client has built a reputable brand and profitable business offering a wide range of both ‘maintenance’ and luxurious treatments within the Cotswolds.
Long Established Business & Brand
The business is located in a prime location, a busy town centre that is one of the top spots for “ex-Londoners” to live. Set out over two floors, the business offers First Class facilities with town garden views and an ambient atmosphere for a relaxing visit. The current premises have six treatment rooms and two nail bars; this space enables the business to offer a wide range of treatments for both men and women, including but not limited to:
Award Winning Salon
The business works with and has nurtured relationships with a selection of premium and local partners. For example the business has been awarded a “Top 5 Salon” Award by Muddy Stilettos. Open six days a week and providing a late night once a week, the vendor has the current support of two team members. Our client is happy to agree a mutually agreeable handover period to the purchaser.
Reason for Sale
After running the business for over 34 years, our client is looking to retire and therefore believe the future business opportunity will be best realised in the hands of a new entrepreneurial owner or larger business with the experience, enthusiasm and resources to drive the business forward to the next level.
The Opportunity
Ideally, we seek an acquirer with the requisite experience and resources to take this business to the next level. Consideration will be given to buyers with strong market or client synergies looking for a ‘bolt-on’ business that can add value to existing operations.
Price
Offers are invited for 100% of the business shares
(All offers to be based on a cash free/ debt free basis)
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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