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CONFIDENTIAL SALE
FOR SALE
612263
A thriving hair and beauty salon situated in a bustling village is on sale. Complete with a dedicated client base for both hair and beauty services, the salon is fully staffed with two stylists and one beautician. The sale includes all stock, fixtures, and fittings including 5 hair stations, 2 wash basins, and 2 nail desks, along with a fully equipped beauty room.
The current annual turnover stands at £109,000 from card transactions, excluding cash flow. The salon has fostered a strong relationship with well-known brand, Wella. Ownership of the salon currently spans a lease of 5 years, of which, two years remain, with the possibility of extension. The annual rent projections for the upcoming years are £8,000 for 2021/2022, £8,500 for 2022/2024, and £9,500 plus VAT for the years 2024/2026.
The monthly rent is £1,173.68, which includes the management fee and water charges. Small business rates apply. The salon is willing to sell for the price of £54,000, with each party expected to cover their own legal costs.
Please note that the profitability of the salon is expected to increase year-by-year, given the consistent growth in client base and profitable collaborations with reputable brands. This is an excellent opportunity for entrepreneurs seeking a promising venture in the hair and beauty industry. Don't miss out on this amazing opportunity to own a successful salon in an active location.
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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