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Premium Beauty Salon Business Opportunity in Affluent Edinburgh Village for Sale

Corstorphine, Edinburgh
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High end Beauty business for Sale in Edinburgh Photo 1
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High end Beauty business for Sale in Edinburgh Photo 9
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High end Beauty business for Sale in EdinburghHigh end Beauty business for Sale in EdinburghHigh end Beauty business for Sale in EdinburghHigh end Beauty business for Sale in EdinburghHigh end Beauty business for Sale in EdinburghHigh end Beauty business for Sale in EdinburghHigh end Beauty business for Sale in EdinburghHigh end Beauty business for Sale in EdinburghHigh end Beauty business for Sale in EdinburghHigh end Beauty business for Sale in EdinburghHigh end Beauty business for Sale in EdinburghHigh end Beauty business for Sale in Edinburgh
  • Status

    FOR SALE

  • Date Submitted:

    24/02/24

  • Advert ID

    607309

  • Leasehold: £62,000
  • Rent: £13,000
  • Turnover: £111,532 (£2,145 Per week)
  • Net Profit: On request

Key Features

  • Small Business
  • Accounts Available
  • New Lease
  • Company for Sale
  • Prime Location
  • Fully Fitted
  • Established Business
  • Attractive Business
  • Potential for Alternative Use
  • Adjacent to Multiple Retailers
  • Offers Invited

Business Details

High end Beauty business for Sale in Edinburgh

!!! Price reduced !!!

Recently confirmed as one of the three Best Beauty Salons in Edinburgh by  

https://threebestrated.co.uk/beauty-salons-in-edinburgh

Key Features

0% business rates!!!
Prime Location
Attractive Business
Accounts Available
Fully Fitted
Central Position in Affluent Village
Close to Local Amenities
Small Business
Established Business
Potential for Alternative Use

0% business rates!!!

Business Details
Beauty salon in affluent area.
A well-established unisex Beauty salon in Edinburgh which has been in place for 22 years. We are looking to sell due to relocation staff retirement.

Owner is open to partnership with interested service provider(s) who are keen to have their own business.

The salon is immaculately presented with contemporary décor and furniture. The salon offers a variety of services to our clients such as Facials, Massage, Waxing, Manicure, Pedicure, Eyebrows/Eyelashes and has potential for more services.

The SalonSpy, treatwell and Google reviews are excellent.

We are offering a hand over period to ensure the continued success of the business.

The business currently operates 5 days per week and generates a turnover in the region of £110,000 per annum.

Has the potential to achieve a greater turnover as in recent years the salon has suffered from lack of staff since Brexit & Covid.
 

Reasons to buy:

Excellent location.
Well established.
Contemporary décor.
Scope to increase revenue.
Low rent for the area.

There is also scope to embark on a small marketing campaign to promote the services offered.

This is an excellent opportunity for anybody looking to get into the trade, the business already has knowledgeable 1 P/T staff in place and a large clientelle order book.

Location.
The Business is located in Corstorphine, Edinburgh, surrounded by shops and businesses, providing ample footfall and new clientele.

There car parking within the proximity.

Premises.
Upon entrance of the salon is the main service area comprising of;

Reception area.
 

Beauty area.

To the rear of the premises is the staff kitchen, wc and storage room.

The equipment included in the sale comprises of;

Nails equipment.

Mirrors.
Trolleys and storage.
Waiting area chairs.

Electric Beauty Beds.
Reception desk.

Guinot Hydraderm facial

Waxing rollers

Tenure.

The business is being sold on a leasehold basis, with 9 years remaining, extendable by a further 10 years at renewal. The current rent is £1,083 per month.

Hours.
The normal business hours are:

Tuesday to Friday 09:00-20:00

Saturday 09:00-16:00

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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.

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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.

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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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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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