Upscale Hair & Beauty Salon in Putney London for Sale
Putney, London
- Status
SOLD / WITHDRAWN
- Date Submitted:
15/05/22
- Advert ID
295334
- Leasehold: £35,000
- Rent: £13,600
- Turnover: £60,000 (£1,154 Per week)
- Net Profit: £25,000 (42% Profit margin)
Key Features
- Prime Location
- Attractive Business
- Accounts Available
- Fully Fitted
- Central Position in Affluent Village
- Close to Local Amenities
- Small Business
- With Car Park
- Established Business
- Potential for Alternative Use
Business Details
Hair & Beauty salon in affluent area
A well-established unisex Hair & Beauty salon in Putney which has been in place for 27 years. We are looking to sell due to relocation of the owners.
The salon is immaculately presented with contemporary décor and furniture. The salon offers a variety of services to our clients such as Hair, Manicure, Pedicure, Eyebrows/Eyelashes, Waxing and has potential for more services.
The treatwell and Google reviews are excellent.
We are offering a hand over period to ensure the continued success of the business.
The business currently operates 4 days per week and generates a turnover in the region of £60,000 per annum.
Reasons to buy:
Excellent location with free parking.
Well established.
Contemporary décor.
Scope to increase revenue.
Low rent for the area.
There is also scope to embark on a small marketing campaign to promote the services offered.
This is an excellent opportunity for anybody looking to get into the trade, the business already has knowledgeable staff in place and an abundance of clientele.
Location.
The Business is located in Putney, Wandsworth, surrounded by shops and businesses, providing ample footfall and new clientele.
The area has bus, train and tube stations close by.
There is a car park at the rear of the shop and further car parking within the proximity.
Premises.
Upon entrance of the salon is the main service area comprising of;
Reception area.
Hair and Nails area.
Beauty area.
To the rear of the premises is the staff kitchen, wc and storage room.
The equipment included in the sale comprises of;
Hairdressing equipment.
Nails equipment.
Mirrors.
Trolleys and storage.
Waiting area chairs.
Beauty chairs.
Reception desk.
Tenure.
The business is being sold on a leasehold basis, with 2 years remaining, extendable by a further 10 years at renewal. The current rent is £1,133 per month.
Hours.
The business hours are:
Monday, Thursday, Friday 10:00-19:00
Saturday 10:00-18:00
Staff.
The business currently has three self-employed members of staff.
Financial Profile.
The business generates a turnover in the region of £60,000.
Map
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Listing Statistics
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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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