Nail & Beauty Shop with E-commerce Site & Training Academy for Sale in Chadwell Heath London
Chadwell Heath, London
- Status
FOR SALE
- Date Submitted:
15/06/23
- Advert ID
514958
- Leasehold: £60,000
- Rent: £12,000
- Turnover: £170,000 (£3,269 Per week)
- Net Profit: £80,000 (48% Profit margin)
Business Details
Nail and Beauty Accessories shop with an E commerce site and a Funded Training Academy for sale
Introducing a unique nail and accessories shop with an e-commerce site and a funded training academy for sale, located in Chadwell Heath, London. This well-established business has been operating successfully for 5 and a half years, with the current owner being there since its inception.
The shop enjoys a strategic location, being just a 2-minute walk from the railway station and easily viewable from the main road. Surrounded by supermarkets and retailers, it benefits from both foot traffic and visibility. With little to no local competition, the business boasts a strong customer base of 2000 regular clients.
The asking price for this thriving business is £60,000, and it currently has an impressive turnover of £170,000. The owner is open to offers and the business has the potential to be relocated if desired. A renewable lease is available, and the rent is quite affordable for the area at £1,000 per month. Moreover, there are no business rates applicable. The business provides a healthy profit margin of £80,000, with all stocks included in the asking price.
The funded training academy located on the premises offers government funded level 3 diploma courses and accredited private courses in nail services. This aspect of the business has significant potential for further expansion into the beauty sector. All fixtures, fittings, and stocks are included in the sale, and the turnover has been consistently increasing over the last year.
Operating hours are from 10 am to 5:30 pm, six days a week, with Sundays closed. The business currently employs 4 self-employed teachers and 2 administrative staff members. To ensure success, the current owner is offering training opportunities to the new owners once the sale is complete.
In addition to its physical presence, the business also has a strong online following, with a well-designed e-commerce website and an extensive returning customer database of 2,000 users mainly nail technicians and professionals. The company's social media presence includes 4.6k followers on Instagram and 3k on Facebook.
For complete details about this exciting business opportunity, please contact me.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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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