27-Year Established Hair Salon in Westbury Park, Bristol for Sale
Westbury Park, Bristol
- Status
FOR SALE
- Advert ID
620852
- Freehold: £55,000
- Rent: £12,000 (£1,000 per month)
- Turnover: £78,000 (£1,500 per week)
- Net Profit: On request
Key Features
- Accounts Available
- Offers Invited
- Price Reduced
- Small Business
- Open Plan Trading Area
- Potential for Alternative Use
- Close to Local Amenities
- Trade Gardens Available
- Attractive Business
- New Lease
- Central Position in Affluent Village
- Nil Premium
- Fully Fitted
- Adjacent to Multiple Retailers
Business Details
Established hair salon
Hair Salon for Sale in Prime Location in Bristol
Located in a prime spot in Westbury Park, Bristol, an ideal salon for aspiring or self-employed stylists is currently up for sale. This is a superb opportunity to own your own business, with the advantage of being situated in a favourable area with ample parking and outside the city's busy climate zone. The venue boasts a prominent storefront, visually appealing thanks to an attractive awning and clear signage, which is sure to attract a constant influx of customers.
Fully Equipped and Stylishly Decorated
The salon boasts a stylish and spacious interior, featuring a modern décor, artistic murals, and a fresh ambiance enhanced by well-maintained potted plants. You will also find it fully furnished with hairdressing stations, wash basins, and a comfortable waiting area for your guests. To sweeten the deal, there is an outdoor seating area to promote additional customer comfort. All fixtures and fittings are included in the sale price.
Strong Established Business
This already thriving salon has been a familiar fixture in this great part of Bristol for 27 years, established and managed by the same owner who is now seeking retirement. The business has enjoyed increased turnover year on year, demonstrating continuous growth and profitability. The salon currently employs seven dedicated and experienced staff. Ongoing training opportunities will be provided to the new owner(s) to ensure a smooth transition.
Access to Local Amenities and Minimal Competition
Being strategically located adjacent to multiple retailers and close to local amenities such as restaurants and shops, the business enjoys a steady flow of patrons. Additionally, the area has minimal competition within the hairdressing industry, making this a rare catch. The salon also has an established online presence, opening up online bookings to expand its reach.
Exciting Financial Breakdown
The attractive business is on the market for a leasehold price of £55,000 with the current annual turnover standing at £78,000. The annual rent for the premises is fixed at £12,000. Detailed accounts showcasing the financial health of the business are readily available. A new lease will be provided, making this a lucrative opportunity for an ambitious stylist looking to run a successful salon.
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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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