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Established Greater Manchester Beauty Salon Business On Sale, Excellent Reputation

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    02/03/21

  • Advert ID

    273133

  • Reference

    B06062 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £105,995
  • Turnover: £150,000 (£2,885 Per week)
  • Net Profit: Not Applicable

Business Details

Well established Beauty Salon business for sale

Business
Please quote reference B06062

CoGoGo are delighted to welcome to the market an outstanding beauty salon, located in Greater Manchester

The business has built up an enviable reputation not just locally but also further afield. This is a true testament to the hard work & dedication from the current owner, resulting in the high calibre of business on offer. The business was established over 14 years ago. Only now the business has come to the market due to a change in personal circumstances.

Our client has grown the business to an impressive level with an excellent local reputation and is seen as a real hub within the community and can be found in true “turn key “condition.

Currently the salon offers a variety of services including Microblading, Semi Permanent Makeup, Advanced Skin Care, to name a few. A full breakdown can be made available upon further request

The salon generally trades 5 days a week and generates a turnover in the region of £200,000 per annum. There are 4 staff members. 

The business has an excellent review status with 5 star Facebook, google and Booksy reviews, with customers stating ‘I booked in for an environ facial and it was the most relaxing experience. My skin felt incredible afterwards and looked glowing and flawless. Thank you!’ and ‘Cannot recommend the business highly enough. Had my eyebrows microbladed yesterday. All the staff were friendly and welcoming and nothing was too much trouble. They look so natural and are more than what I expected. Thank you, I will certainly be back for more treatments.’

Our Client is offering a hand over period to ensure the continued success of the business and introduce the purchaser to the regular clientele.

There is scope to further increase the level of turnover as there is little local competition so with the introduction of revised opening hours to utilise evening appointments, introduction of a rent a chair space for self-employed therapists, introducing some further beauty treatments for clients and the undertaking of a modest marketing campaign via local press, radio, social media and promotion of the dedicated website.

This is an outstanding turn-key business operating on flexible hours which offers a new owner the opportunity to take this already thriving business to the next level. This would make an ideal acquisition for an existing salon operator. Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment.



Location
The business is situated in Greater Manchester.

The business benefits from ample street parking. The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property and a local Metro Station.



Premises
The business is located along a parade of shops, with excellent eye-catching signage and ample parking at the front.

Ground floor -

  • Upon entrance is the open plan service area with reception counter, brow bar and nail stations.
  • To the rear of the premises is a kitchenette, storage area and two beauty rooms & WC.
1st floor -

  • On the 1st floor are the 5 beauty rooms, stock room and WC (Also a further room which is rented out)
Assets included in the sale comprise of;

  • Super IPL Machine
  • Facial Machines
  • Beauty beds
  • Reception counter
  • Storage and display shelving
  • Chairs
  • Mirrors
  • Nail Bar
  • Tanning Booth


Tenure
We are advised that the business is being sold on a Leasehold basis. The landlord is happy to neogiate a new lease with a buyer.



Hours
The business is currently trading 5 days a week.



Staff
We are advised that the business has 2 full time staff members, with the help of 2 part time staff members.



Financial Profile
We are advised that the business generates a turnover in the region of £200,000. Full financials can be made available upon further request. 

Please quote reference B06062



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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.

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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.

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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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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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The data showed regarding this advert 'Well established Beauty Salon business for sale - B06062 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.