FOR SALE
14/02/24
606746
GO2330 / Rightbiz
Go West
Turnover: £AOR
Net Profit: £AOR
Go West is an established hair salon with a legacy of over 36 years from the current owners, offering not just exceptional hair services but also the rare opportunity to own a business within the bustling area of Blackheath. The business has been operated by the vendor since inception and is now made available to either a new owner/operator or an existing operator looking to expand.
THE OPPORTUNITY
Proven Success: Walk into a business with a solid foundation, with a proven track record of success since inception, and in this time, has built up a loyal, repeat customer base. Our client is looking to sell the business along with the client book, offering a turnkey opportunity for an incoming owner.
Prime Location: The salon is on a very busy high street parade of shops in Blackheath, London.
Excellent Growth Potential: The business operates in an affluent and leafy suburban area within London and being located on the area’s main high street, the business benefits from passing trade and local reputation.
Accommodation: The salon benefits from being fully equipped for an incoming operator with 7 hair stations, 3 hair washing bowls, a customer waiting area, kitchen, and storage by way of a basement. There is a small yard externally for bin storage and rear access to the property.
The business will come fully furnished and equipped for an incoming operator to begin operating as a turnkey business, with fixtures/fittings and stock included within the sale.
The premises benefits from LED low energy lighting, air conditioning and LVT flooring throughout.
PRODUCTS
The business has ongoing relationships with suppliers and preferred terms for products used in the salon, all of which a new owner will benefit from as part of a handover agreement.
MARKETING
The business has limited marketing needs and enjoys ongoing referrals from new and existing clients. There is a user-friendly website in place, which provides information on products, services, and pricing. They also benefit from a following on Facebook and Instagram to boost public awareness of the salon.
MANAGEMENT AND EMPLOYEES
The business is managed by the vendors and 3 x full time and 2 x part time staff members.
GROWTH OPPORTUNITIES
There is endless growth potential for an existing operator or someone looking to enter the market with an established brand and customer base with this well-established business:
• Expansion into new locations
• Product diversification into beauty and/or aesthetics
• Enhanced digital marketing.
• Ecommerce platform upgrades for online bookings and to sell products.
• Introduce a training academy.
• Organise events and partner with local businesses.
FINANCIAL INFORMTAION
Detailed financial accounts are to be made available to interested parties.
PREMESIS
The premises is made available by way of an assignment of the lease with current passing rent of £14,500 per annum.
FURTHER INFORMTAION
Don't miss out on this incredible opportunity to own and grow this unique business with an exceptional branding presence.
Further information is available by speaking with us and for more information please contact us.
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
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