FOR SALE
06/12/22
504808
Kados Beauty Palace are delighted to welcome to the market Kados Beauty Palace, a highly rated and well established barber shop in No 93 St Leonards Road, Northampton, NN4 8DN.
The barbers was established in 2020, building up an excellent reputation and loyal customer base.
Kados Beauty Palace has now come to the open market due to our clients desire to pursue other business interests.
Key selling points –
High end shop fit out costing in the region of £55,000 – £60,000
Excellent business
5-star customer reviews
Facebook page – followers
Instagram page – followers
Experienced self-employed team in place
Desirable location
Very loyal customer base
Scope to improve –
Increase marketing/advertising
Increase trading hours
The sale of the business includes all the equipment, fixtures and fittings. A full breakdown can be made available.
Location
Kados Beauty Palace is located on a very busy main road in St Leonards Road, with a good level of passing trade.
Premises
Very busy parade of shops located at St Leonards Road
Parking directly outside and in the neighboring streets
Close to public transport
Ground floor –
Barbering area with four chairs, Hair Dressing two Chairs, Beautician one Chair and a Back Massach Chair.
Kitchen area
Toilet
Store area
Back that that can be use for other business
Tenure
We are advised that the business is being sold on a Freehold or Leasehold basis, with a three year lease. The rent would be £12,500,000 for year.
Hours
The current trading hours are –
Monday – 9:00am – 8:00pm
Tuesday – 9:00am – 8:00pm
Wednesday – 9:00am – 8:00pm
Thursday – 9:00am – 8:00pm
Friday – 9:00am – 8:00pm
Saturday – 9:30am – 8:30pm
Sunday – 12:00pm – 4:00pm
Staff
We are advised that the business has four self-employed members of staff.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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