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City of London Unisex Hair and Beauty Salon with Nail Bar for Sale, Great Development Potential

City of London, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    06/03/24

  • Advert ID

    607864

  • Reference

    M5586 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £200,000
  • Turnover: £182,000 (£3,500 Per week)
  • Net Profit: Not Applicable

Business Details

Unisex Hairdressing Salon Plus Beauty Salon & Nail Bar for Sale

WE ARE INFORMED the turnover in respect of the hairdressing salon is in the region of £3,000/£3,500 per week in our opinion offering tremendous potential for further development in the right hands. The 2 beauty rooms are run by 2 self employed beauticians paying the vendor, in total £700 pw commission.
We further understand that the first floor area used for pedicure & nails is currently let on an under-lease having approximately 4 years unexpired and providing a rental income at the present time of £17,500 per annum inclusive of VAT. FEATURES:
IMPRESSIVE & SINGLE FRONTED UNISEX HAIRDRESSING SALON with oak strip floor & well equipped including reception desk plus seating for customers' waiting. 7 styling positions with quality mirrors & quality chairs, 2 back basins with chairs.

Stairs to basement with tiled floor 2 BEAUTY ROOMS each with couches plus adjoining shower room. The 2 beauty rooms are run by 2 self employed beauticians paying the vendor, in total £700 pw commission

From the ground floor there is an attractive staircase to first floor area at present used for pedicure & nails.

In addition on the first floor is a large cloakroom

Small office

Staff room/stockroom PRICE:
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £200,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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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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The data showed regarding this advert 'Unisex Hairdressing Salon Plus Beauty Salon & Nail Bar for Sale - M5586 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.