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Prime Location Hair Salon in Newmarket Suffolk Town Center For Sale

Newmarket, Suffolk

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Advert ID

    618333

  • Leasehold: Price on Application (Stock at valuation)
  • Rent: £6,000
  • Turnover: £52,000 (£1,000 Per week)
  • Net Profit: £35,000 (68% Profit margin)

Key Features

  • Accounts Available
  • Established Business
  • Retirement Sale
  • Small Business
  • Potential for Alternative Use
  • Attractive Business
  • Central Position in Affluent Village
  • Fully Fitted

Business Details

Beautiful Hair Salon, close to Newmarket Suffolk

The business in question has successfully been trading for over 13 years. It's a well-established hairdressers salon, located in the town center of Newmarket, Suffolk. This prime location in an affluent village lends itself to an attractive business opportunity.

The current owner is looking forward to retiring, but is open to working for a period of transition to ensure a smooth handover. This cooperative attitude provides a chance to learn directly from the owner's vast experience, which can be invaluable when taking over such an established business.

The salon currently rents out space to a physiotherapist one day per week, generating an additional income of approximately £2500 per annum. This existing setup signifies the site's potential for alternative use, adding to its business attractiveness.

The sale of this beautiful hair salon presents an amazing opportunity for growth and expansion. It comes at no cost, with the current turnover standing at £52,000 and a profit margin of £35,000. Accounts are readily available for perusal. This is indeed a unique opportunity to buy an established, high profit-margin, small business with room for diversification in an affluent village in Newmarket, Suffolk.

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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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