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Profitable Hairdresser Salon in London's Cabary Wharf for Sale, Owner Relocating

City of London, London
A hairdresser salon for sale Photo 1
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A hairdresser salon for sale
  • Status

    FOR SALE

  • Date Submitted:

    31/05/24

  • Advert ID

    612140

  • Asking Price: £10,000
  • Turnover: £120,000 (£2,308 Per week)
  • Net Profit: £60,000 (50% Profit margin)

Key Features

  • Small Business

Business Details

A hairdresser salon for sale

For sale is a cosy, well-established hair salon located on the third floor of a commercial building in Cabary Wharf. This profitable business has operated for two years and is currently on the market due to the owner relocating abroad. Remarkably, it is the only hair salon within the building despite other beauty businesses operating in the vicinity.

The salon offers a modern interior complete with stylish pink chairs and well-kept equipment. Complementing its contemporary décor are expansive windows that flood the space with natural light, providing customers a cheerful and inviting atmosphere whilst affording scenic urban views. The salon also features elegant display shelves filled with an array of beauty products and practical hair wash stations equipped with comfortable reclining backwash units.

The business is ideally situated within an urban area, in the heart of the City of London, surrounded by several residential and commercial buildings. It has a current turnover of £120,000 and a profit margin of £60,000. The asking price is yet to be determined, but includes all stocks and is open to offers.

This opportunity represents an advantage for any buyer looking to acquire a small, thriving business in the beauty sector. The salon's appeal to potential customers, its strategic location, and its promising financial performance suggest significant potential for continued success. Please contact us for further information or to arrange a visit.

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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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