FOR SALE
05/07/23
516110
BPD2310281 / Rightbiz
• Loyal and Regular Client Base
• Well Established & Reputable Salon
• Affluent Residential West London location
• Low rental costs for location, stock included
• Convenient access to public transport
Business Monkey are delighted to present to the market a fantastic opportunity to purchase an established reputable hair salon.
This exceptionally charming and well presented independent salon is located within the very affulent and highly residential area of Maida Vale.
The salon has a strong foundation, having been established in 2012 and built upon by the current owner. The owner's efforts have resulted in an excellent reputation and a loyal customer base of regular clients. This established clientele provides a solid starting point for a new owner to continue the salon's success.
The shop itself is in excellent condition, well-maintained and ready for immediate operation. This means that a buyer can seamlessly transition into running the business without the need for extensive renovations or repairs.
The salon's proximity to Maida Vale and Warwick Avenue tube stations is advantageous for attracting customers, as it offers convenient access for both local residents and commuters. The surrounding area is a busy thoroughfare with a mix of retail businesses and the famous Maida Vale Studios. This vibrant area generates significant foot traffic and has potential to increase the current customer base with further marketing.
Furthermore, the residential properties in the area are home to a desirable target demographic, including young professionals and families. This demographic is more likely to seek out quality hair services and contribute to the salon's customer base.
Overall, this reputable hair salon presents an exciting opportunity for someone interested in acquiring an established business in the hair salon industry. The combination of the salon's excellent reputation, loyal customer base, prime location, and affluent neighbourhood makes it a promising investment.
Key selling points:
Strong Client Base
Excellent reputation
Business website (with online booking system)
Prime Location with preferential rent and rates
4.4 Rating on Treatwell & 4.5 Star Google rating
Business handover offered
Decorated and fitted to a high standard
Sale includes c £5,000 worth of stock
Opportunity for further growth
Tenure: Leasehold (4 years renewable lease)
Rent: £1500 p/m
Turnover: £58,000
Business Rates: £720 p/m
Opening Hours: Tuesday – Saturday 10am-7pm (Closed Sunday/Monday)
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
Get SolicitorThe data showed regarding this advert 'Established and Beautifully Fitted Hair Salon in Affluent Maida Vale - BPD2310281 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.