Algate Hair and Beauty Salon for Sale, 6 Months Deposit Included, 3000 Client Base
City of London, London
- Status
FOR SALE
- Date Submitted:
13/09/23
- Advert ID
599347
- Leasehold: £65,000
- Turnover: £85,000 (£1,635 Per week)
- Net Profit: On request
Key Features
- Attractive Business
- Close to Local Amenities
- Prime Location
- Established Business
- Small Business
- Offers Invited
- Town Centre location
Business Details
Hair and beauty salon for sale in Algate with 6 months deposit included
The business has developed an excellent reputation within the area and further afield for the high quality of service offered, which has resulted in an excellent client base(around 3000 clientele) with a high volume of repeat trade and word of mouth recommendations.
InaStar Beauty Boutique is currently run single handily, by the current owner with the help of two part time staff members.
The business is currently projecting a turnover of £85,000 with plenty of scope to increase such as pushing advertising, employing staff, renting out space and extending opening hours.
This is an excellent opportunity for anybody looking to get into the trade. Early viewings come highly advised and are by appointment only.
The premises is immaculately presented with modern décor and furniture offering a variety of services such as hairdressing, eyelash and eyebrow treatments, waxing, facials, hands, feet and body treatments and many more.
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Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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.
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