Popular Hair Salon and Barbers, Four Oaks, Sutton Coldfield
Four Oaks, West Midlands
- Status
FOR SALE
- Date Submitted:
17/05/22
- Advert ID
295494
- Reference
hairbarbersuttonKS / Rightbiz
- Call Agent:
- Leasehold: £38,950
- Rent: £16,500
- Turnover: N/A £0 Per week
- Net Profit: N/A
Business Details
City Business Brokers are pleased to bring to the market this well-known business which was established by our clients 30 years ago and has been in their careful and successful ownership ever since. It now only comes onto the market due to their wish to take a well-earned retirement.
This is a well-established and highly regarded concern, which enjoys all the considerable commercial advantages of a fantastic and much sought-after trading position among other complementary outlets in a fashionable, well-populated area of north Birmingham.
Operating from superbly fitted and presented ground floor salon premises, the business is currently primarily equipped to the very highest industry speci%uFB01cations for the provision of a full range of traditional and contemporary hair design and grooming for both men and women.
Trading Hours: 5 days 9.00am-6.00pm (Thursday 9.00am-8.00pm)
Staff: 3 Self-employed (income generated)
Rent: £16,500 per annum
Lease: New Lease of 5 to 10 years
Business Rates: Zero
These substantial and extremely well-maintained premises measure 70 sq metres and provide truly outstanding and highly functional internal Business Accommodation including 10 Work Stations, Laundry Room, Staff Room, Toilets and first floor Storage area. There is parking for 4 cars at the front of the premises.
The business is well fitted throughout and a valuable inventory of equipment, fixtures and fittings, to include air conditioning unit and security shutters, will be included in the sale.
The business would benefit by adopting a more vigorous marketing policy to showcase its excellent facilities and services, which could be achieved by creating a dedicated website along with its current Facebook presence. The new owner might consider opening 6 or 7 days and extending the opening hours to maximise earning potential. Ideally, the business should be owner-run.
A full profile is available once a non-disclosure agreement has been signed.
All enquiries to City Business Brokers.
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
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Key Features
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Listing Statistics
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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.
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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]tmail.com, [email protected] or [email protected] are not affiliated with Rightbiz.
Contact seller
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.
