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Well Established Hair Salon For Sale

Salford, Manchester
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Well Established Hair Salon For SaleWell Established Hair Salon For SaleWell Established Hair Salon For SaleWell Established Hair Salon For SaleWell Established Hair Salon For SaleWell Established Hair Salon For SaleWell Established Hair Salon For SaleWell Established Hair Salon For SaleWell Established Hair Salon For Sale
  • Leasehold: £50,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Business
Please quote reference B06780

Hilton Smythe is privileged to present to the market this well-established hair salon business. Hair Razors is now being sold, albeit reluctantly and with a heavy heart only due to the owners wish to take a well-earned retirement. The vendor is keen to see his beloved hair salon pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.

The spacious Leasehold business opportunity combines a modern hair salon on the ground floor.

There are over 200 Facebook followers with an impressive 4.2/5 customer feedback score.

From hair consultations, simple cuts and subtle colouring to complete cutting-edge redesigns, they have created an environment that its passion, flair and artistic knowledge shines through.

With personal hair consultations, bespoke help and advice, it is easy to see why this salon business is one of Salford leading hair businesses.

Scope to Improve:

  • Advertising and marketing campaign
  • Maximise the use of social media particularly Twitter
  • Rent out the treatment rooms as an additional income stream.
Reasons to Buy :

  • A well-established business with an enviable reputation and many existing customers
  • Perfect trading position on a busy main road with loads of footfall
  • Presented in perfect decorative order with all fixtures and fittings making this a real Turnkey business opportunity
  • Current owner happy to offer a handover to ensure the continued success
  • Offers redevelopment potential.
Hilton Smythe highly advises early enquiry.



Location
The business sits along a busy parade of community shops.

This is a large residential area with excellent footfall throughout the day and evening.

A main bus stop not far from the business.

The business benefits from customer parking close by.



Premises
The property is beautifully presented inside and out, with excellent eye-catching signage.

Upon entrance is the service area the salon has 8 dressing out units and 3 backwash units. It was refurbed around 3 years ago to a classy, contemporary design and is a lovely, welcoming salon.

The property has an upper floor which is currently rented out to a beauty company independently.



Tenure
We are advised the business is being sold on a Leasehold basis with 5 years remaining on the current Lease, the rent is £2,000 per month with rates payable at £300.



Hours
The business trading hours are as followed:

Monday - Closed

Tuesday to Saturday - 09:00am - 16:00pm

Sunday - Closed



Staff
The business is run and managed by 1 full time and 3 part time staff members.



Financial Profile
Financial information can be made available upon request.

Please quote reference B06780



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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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