FOR SALE
621579
B08322 / Rightbiz
CoGoGo is delighted to bring to the market Aura Beauty Salon, a well-established beauty business occupying a prominent trading position in Christchurch. Under the same ownership for 12 years, the salon has built an established client base and offers a genuine turnkey opportunity.
The salon provides a broad range of beauty treatments, including nails, lashes and brows, waxing, facials, massage and body treatments. Four self-employed therapists operate from the premises and pay rent for their rooms, providing an additional income stream alongside the salon's own activities.
The vendor is also self-employed with an established client base and would be willing to remain at the salon and continue servicing her clients if desired by the incoming owner, supporting a smooth transition. Early viewing is highly recommended.
Location
The salon occupies a prominent position on Barrack Road in Christchurch, benefiting from good visibility, accessibility and free parking nearby. Its location provides convenient access for customers from both Christchurch and Bournemouth.
Premises
Aura Beauty Salon occupies attractive, double-fronted premises with prominent signage and large display windows. The salon has benefited from refurbishment and is well configured for its range of treatments.
The premises include two treatment rooms, a dedicated lash and brow area, two pedicure stations and two manicure stations.
Tenure
The business is offered on a leasehold basis.
We are advised that a new six-year lease will be available to the incoming tenant at an annual rent of £10,000.
Hours
There are no fixed operating hours each renter holds their own key and comes and goes freely on their booked days, giving full flexibility to work around their own schedule.
Staff
The business operates with one employed salon assistant and four self-employed therapists who pay rent for rooms within the salon.
The vendor is also self-employed and maintains her own client base, bringing the total to five self-employed therapists including the seller. The vendor would be willing to remain and continue looking after her clients should the new owner wish.
Financial Profile
We are advised the business generates an annual turnover in the region of £30,000–£40,000, with a net profit of approximately £13,000.
We are further advised that no business rates are currently payable.
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.
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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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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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