Successful, Fully Equipped Salon in Affluent Chorlton Manchester for Sale
Chorlton cum Hardy, Manchester
- Status
FOR SALE
- Advert ID
616826
- Leasehold: £25,000 (Stock at valuation)
- Rent: £14,000
- Turnover: £90,000 (£1,731 Per week)
- Net Profit: On request
Key Features
- Prime Location
- Retirement Sale
- Offers Invited
- Accounts Available
- Split Level Trading Area
- Owner Financed
- Fully Fitted
- Central Position in Affluent Village
- Small Business
- New Lease
- Adjacent to Multiple Retailers
- Price Further Reduced
- Close to Local Amenities
- Town Centre location
- Established Business
- Free of Tie Leasehold
- Attractive Business
- Price Reduced
Business Details
Fully equipped business for sale in Chorlton Manchester
Successful salon in Chorlton south Manchester business for sale due to retirement. The business has been operating for twelve years and it was established in 2012. The salon attracts a very affluent clientele with many travelling into the area. There is plenty of scope for expansion and increased turnover. The rent of the salon is as described but this will increase in January 2025 but the increase hasn’t been confirmed as yet with the proposal of a five-year lease with a three-year break clause. The opening hours are 9 am-5 pm Mon to Saturday and Thursdays are late nights 9 am-8 pm as this works well in this due to the high employment catchment area so late hours are ideal. There are three members of staff and one Saturday assistant and four styling units. A beauty room is attached downstairs, which is rentable and helps towards salon overhead rent, etc. This works well to provide new clients and the rent will be set by the new contract when in place The salon has constant hot running water from a professional boiler system installed, giving consistent hot without any disruptions. The boiler system also has timing switches fitted, timed to go off and on in closed and opening hours. For peace of mind, the salon also has a shutter system for anti-theft. We are on social media ie; Instagram and Facebook feel free to check out the reviews. We are a Kevin Murphy product salon and colour and Moroccanoil along with Neal and Wolf and is and other brands. The salon is superbly close to all amenities and local shops and situated on a main trunk road with a constant traffic flow which attracts many new clients. Chorlton is regarded as a highly sought-after area with a diverse population giving it a young bohemian vibe.
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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.
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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.
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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.'.
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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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