Slough Berkshire Hair & Beauty Salon on Sale, Thriving for 5 Years, Leasehold £55,000
Slough, Berkshire
- Status
FOR SALE
- Date Submitted:
03/07/23
- Advert ID
516012
- Leasehold: £55,000
- Rent: £33,600
- Turnover: £135,000 (£2,596 Per week)
- Net Profit: On request
Key Features
- Accounts Available
- Established Business
- Offers Invited
- Prime Location
- Attractive Business
- Fully Fitted
Business Details
Hair & Beauty Salon for sale in Slough, Berkshire
A thriving Hair & Beauty Salon in Slough, Berkshire is currently on the market. This established business has been successfully operating for five years and has been under my ownership since its inception. It is priced at a leasehold value of £55,000 with an impressive current turnover of £135,000. We are, however, open to receiving reasonable offers.
The salon enjoys a prime town centre location, prominently set on the high street. It is conveniently situated on a prominent crossroads, offering high visibility. There are two major malls in the vicinity that are closing down, a development that will likely increase footfall to our establishment. Furthermore, the business benefits from its proximity to local transport links, with the train station and the bus station just five minutes away. The popular Moxley Hotel is also a mere five minute stroll away.
Unlike many businesses, there is minimal local competition. The sale of the salon will incorporate all fixtures and fittings, offering a full-service salon experience with hair and beauty treatments, as well as nail services, all under one welcoming roof.
The business has shown an encouraging growth pattern, with turnover increasing steadily over the last year. The decision to sell has been motivated by plans to relocate abroad. The salon operations run from Tuesday to Sunday with Mondays off, and the operational hours vary throughout the week from around 10 am - 7 pm.
There is a team of three dedicated employees who impart their services at this salon. There is also a robust online presence in place, including a website and active social media accounts on Instagram, TikTok, and Facebook. We have fortified this aspect by partnering with the popular online booking platform, Fresha.
As part of the transition, we are open to providing necessary training opportunities to the new owners. All financial accounting details are readily available for potential purchasers, and the salon comes fully fitted. For complete details about this business opportunity, please do not hesitate to get in touch.
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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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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.
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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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