Established Hair & Makeup Studio with Solid Client Base for Sale in Loughton, Essex
Loughton, Essex
- Status
FOR SALE
- Advert ID
621267
- Leasehold: £120,000
- Rent: £21,600 (£1,800 per month)
- Turnover: £170,000 (£3,269 per week)
- Profit: On request
Key Features
- High Turnover
- Attractive Business
- Established Business
- Prime Location
Business Details
Hair & Makeup studio for sale in Loughton
This renowned hair and makeup studio boasts nine successful years in business within a prime location in Loughton Essex. During this time, the establishment has not only built an impressive clientele base but also a solid reputation for excellence. This turnkey business not only offers immense growth potential but also provides an attractive leasehold opportunity.
Being located a short walk from a busy main road equipped with numerous shops, restaurants, and a tube station, the studio is in an ideal location to attract customers. The current workforce comprises of 2 employees and 7 renters. Furthermore, the studio's strong online presence through its Instagram page, with nine-thousand followers, plays an integral part in the operation and promotion of the business.
The sale of this business includes all stock. With a turnover of £200,000 and an annual rent of £21,600, the studio presents an excellent opportunity for prospective buyers. Moreover, the financial specifics and asking price are available upon request. The compelling combination of an established business, high turnover, prime location, and overall attractiveness of the business forms an enticing prospect for those looking to invest in a thriving business.
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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.
Be safe, use a Rightbiz Solicitor
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