Prime Location Beauty Salon in Affluent West Didsbury, Manchester for Sale
Didsbury, Manchester
- Status
FOR SALE
- Date Submitted:
18/12/23
- Advert ID
604037
- Leasehold: £84,950 (Stock at valuation)
- Rent: £14,196
- Turnover: £150,000 (£2,885 Per week)
- Net Profit: On request
Key Features
- High Turnover
- Close to Local Amenities
- Small Business
- Fully Fitted
- Prime Location
- Adjacent to Multiple Retailers
- With Car Park
- Central Position in Affluent Village
- Unique Business
- Attractive Business
- Established Business
- Town Centre location
Business Details
Beauty Salon for sale in Affluent Village in Manchester
A thriving beauty salon, situated in the prime location of West Didsbury, Manchester, is up for sale. Located in an affluent village sector, the area is a hotspot for the salon business. The business has been serving its clients since 2017, earning a respectable name for itself in the local area.
The leasehold price stands at £99,500, and the salon boasts a current turnover of £150,000. The asking price is negotiable, and the strength of the business lies in its established client base and brand reputation. Having taken over in May 2023, the salon was renovated and refurbished, stepping up to modern standards with an added convenience of an online booking system.
The main attraction of the location is that it's a bustling, wealthy nook of Manchester. Positioned at the best point in West Didsbury, the salon enjoys excellent visibility due to the main road location. All the fixtures and fittings, all of which were recently updated, are to be included in the sale.
Moreover, turnover has been on a healthy, increasing trajectory over the last year. With a change of hands, the business aims to multiply its income even further. We embarked upon this journey as a partnership but, unfortunately, our attention is required on our other business ventures. Therefore, we aim to pass the reins of this successful enterprise to a worthy successor.
The salon stays open from Tuesday to Saturday, 10am - 8pm. It's run efficiently by a team of four proficient employees. We have established online booking systems, and looking to join Treatwell. The company website is in place, and the salon is rated a solid five stars on Google in the local area. With a strong social media presence, the salon boasts 3,000 followers.
We understand that taking over a business has its challenges. To this end, we're willing to offer training opportunities to new owners to ensure a smooth transition. For more detailed insights about this business, please feel free to contact us.
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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.
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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.
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.'.
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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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