Highly Rated Beauty Avenue Nail Salon in Clerkenwell, City of London For Sale
City of London, London
- Status
FOR SALE
- Date Submitted:
12/01/24
- Advert ID
604950
- Reference
B07755 / Rightbiz
- Call Agent:
- Leasehold: £59,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Highly Rated Nail And Beauty Salon For Sale
BusinessPlease quote reference B07755
CoGoGo are delighted to welcome to the market Beauty Avenue, a highly rated nail and beauty salon in the Clerkenwell area of London.
The business was first established by our client in 2022, building up an excellent reputation and regular customer base. As seen by the online ratings and reviews, this opportunity has proven to very popular within the area.
Beauty Avenue has now come to the open market due to our clients desire to relocate.
The salon specialises in Pedicure, Manicure and Beauty treatment services, and also has a Prosseco bar. The premises has an alcohol licence until 10:00pm.
The business income is made up of the rent received from the self employed workers, which is currently only at 50% capacity.
The sale of the business comes with its own custom website and booking system that is independent from third parties.
Key selling points -
- Repeat custom
- Newly refurbished to an extremely high standard
- High footfall location
- Trademarked
- Increase advertising and marketing
- Scope to open longer trading hours
- Look at renting out more spaces
Location
Beauty Avenue is located on Grays Inn Road in the Clerkenwell area of London.
The business has eye catching signage, and due to its location, it receives high levels of footfall and passing trade.
Premises
Basement -
- 2 Work spaces
- Beauty rooms - rented to an aesthetics beautician
- WC
- Large open plan service area with 5 nail stations and 3 pedicure stations
- Prosecco bar
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £2,450 per month.
Hours
The current trading hours are -
Monday to Sunday - 11:00am - 8:00pm
Staff
We are advised that all the renting space are taken by self employed workers.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £80,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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