Leasehold Beauty Salon in Sidcup, London with Expansion Potential for Sale
Sidcup, London
- Status
FOR SALE
- Date Submitted:
17/01/24
- Advert ID
605214
- Reference
N980 / Rightbiz
- Call Agent:
- Leasehold: £160,000
- Rent: £19,000
- Turnover: £168,000 (£3,231 Per week)
- Net Profit: Not Applicable
Key Features
- Fully Fitted
- Accounts Available
- Town Centre location
- Established Business
- Prime Location
Business Details
LEASEHOLD BEAUTY SALON
IMMACULATE PREMISES - PRIME LOCATION - 3 TREATMENT ROOMS - 5 DAY TRADING - HUGE POTENTIAL
Location
Occupying a PRIME trading position, fronting the High Street of the prosperous Town of Sidcup. The business draws trade from over a wide and affluent residential catchment area (The business has a database of some 4,000 customers)
Business
The business was established by our clients some 9 years ago and is now only being marketed as a result of the Vendors family commitments. Tremendous potential exists for the introduction of more clinical, medical and beauty treatments along with longer opening hours.
Turnover
£274,000 P.A. (Pre Covid) currently £168,000 P.A. and continually growing.
Staff
2 Full timers plus owner
Hours
Tues to Thurs - 10.00am to 9.00pm Fri - 10.00am to 6.00pm (Sat 9.00am – 4.00pm)
Closed Sun and Mon
Premises
Imposing premises with Double and return frontage. Single entrance to: Reception Area: Tastefully decorated and fitted out to a high end specification. Air con unit. Reception counter: with PC and iSalon software. 2 Nail stations: 2 Pedicure Stations: 3 Treatment Rooms each with couch, basin and 1 with shower. Shower Room: Customer W.C and w/basin. Kitchenette: st/stl sink. Utility Room: With washer and dryer. SALON EQUIPMENT included: Hydrafacial machine, body contour tripolar machine, 808 nano meter hair removal machine, non surgical facelift machine. 3D lipo machine.
Tenure
17 years remaining on original 25 year lease RENT £19,000 P.A. (5 year reviews)
EPC Rating
Band C
Business Rates
£1,640 P.A. Payable 23/24
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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
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
Get Solicitor
