FOR SALE
10/07/23
515637
With 10 spacious, styling /nail stations and a lucrative secondary income where therapist rooms are being rented out from the first-floor above , generating £12,480 and an independent working stylist brings in an additional £6,240 per year (working 3 days a week), resulting in a combined income of £18,720. All current self-employed therapists have been with the establishment for many years with contracts in place, securing this secondary income for the business.
After deducting this income, only £5,280 is left to cover the annual rent of £24,000, as the business is EXEMPT from business rates.
The reason for the sale is the owner's retirement after 35 successful years of establishment. The owner is willing to sign a disclaimer to stay with the salon until all her loyal client base is happily passed over to the new owners.( she is also willing to stay 2 days a week and pay a chair rent as she has no intentions of taking clients away from the business!!!!! This will give the business a further income.
The salon has generated a stellar reputation and a loyal customer base spanning all age groups.
The potential for further growth lies in expanding the secondary income by renting out additional individual spaces to self-employed hair stylists and nail technicians.
This business offers an incredible opportunity with potential for the new owner to leverage their own ideas and build upon the existing success.
There is ample room for increased turnover by extending operating hours beyond the current limited hours.
Strengthening the online and social media presence through website updates and implementing an online appointment booking system, or collaborating with a partner offering such services, will elevate the business.
To fully appreciate this unique, bespoke air-conditioned salon, we highly recommend scheduling a viewing. Viewing times available:
Preferably any time on Monday day time or Tuesday /Thursday evening
Freehold
This property is exempt from business rates .
Properties in the Marple area are continually rising due to low crime rate , great schooling and a lovely countryside / canal network.
Attractive new renewable lease terms are available, with the opportunity for freehold.
This property stands as a spacious end-terraced structure, features two levels and a storage cellar/basement.
The first floor accommodates three treatment rooms,plus a storage room a bathroom, and a kitchen, while the ground floor houses a stylish hair salon , on a busy high street. Original fireplaces grace each room, and a courtyard at the rear.
The buyer will be responsible for covering the legal costs associated with drawing up the lease agreement. If purchasing the lease as a limited company, you are required to have a personal guarantor.
This Property is Exempt from Business Rates !!!
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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