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Lancashire-Based, Well-Established Hair Salon for Sale, Owner Retiring

Undisclosed, Manchester

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    05/10/21

  • Advert ID

    283939

  • Reference

    B06467 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £49,995
  • Turnover: £75,000 (£1,442 Per week)
  • Net Profit: £36,000 (48% Profit margin)

Business Details

Well presented Hair Salon for sale

Business
Please quote reference B06467

CoGoGo is delighted to introduce to the market a beautifully presented hair salon in Bolton. The business is well established and only now comes to the market, with our client looking to retire.

The salon currently offers Shampoo, Cutting, Finishing, Permanent Colour, Colour Change, Semi-Permanent Colour. There is space to add more beauty treatments including a nail bar and make up station.

This leasehold unisex salon is very well known in the area with great support from the local community, with a high volume of repeat clientele.

The sale of the business includes all fixtures and fittings, along with the following equiptment -

  • 5 x Cutting chairs
  • 5 x Wall mounted mirrors
  • 2 x Backwash
  • 1 x Bespoke desk
  • 1 x Till
  • 3 x Wall mounted shelves
  • 4 x Hair trolleys
  • 1 x Sofa
  • 1 x Washer
  • 1 x Dryer
  • 1 x Microwave
  • 1 x Kettle
The premises are beautifully presented with stylish décor with a good level of modern-day equipment to suit the trade.

The business has been operated by our client with one member of staff. There is an exciting opportunity and genuine scope to expand on the already thriving turnover. New owners could look to employ more staff or rent out chairs. Also, with modest local advertising or leaflet drops this could reach beyond the already established customer base.

The business has highly active social media accounts and website which compliments the community feel to this business and contributes to the turnover with online sales.

Early viewing is highly recommended. Viewings are by appointment only, please contact CoGoGo for further details.



Location
The business is located in Bolton.

The business is surrounded by a wealth of complimentary shops and businesses benefitting from a high volume of footfall and passing trade.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.



Premises
Salon Windows and glazed door creating a light and airy interior,

Upon entrance there are perimeter hair stations, with two backwash systems and additional hair stations to the right of the salon.

The salon has large window display space at the front and is fully furnished with high quality assets.

The premise has a storage room with a kitchenette and WC to the back of the building.



Tenure
We are advised that the business is being sold on a Leasehold basis, with a new lease to be arranged for a new buyer. 



Hours
The business hours are -

Monday – CLOSED
Tuesday – 9:00am – 5:00pm
Wednesday – 9:00am – 5:00pm
Thursday – 9:00am – 7:00pm
Friday – 9:00am – 7:00pm
Saturday - 9:00am – 3:00pm
Sunday - CLOSED




Staff
We are advised that the business is owner run and managed, with the help of 1 part-time member of staff.



Financial Profile
We are advised that the business generated a turnover in the region of £75,000, with an adjusted net profit in the region of £40,000. Full financials can be made available upon further request. 

Please quote reference B06467



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Contact Agent

Contact the seller for more details, or book a viewing

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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.

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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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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.'.

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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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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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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 presented Hair Salon for sale - B06467 / 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.