Established Hair Salon in Walsall West Midlands For Sale, 18 Years in Business, Includes Inventory
Walsall, West Midlands
- Status
FOR SALE
- Advert ID
623717
- Leasehold: £18,000
- Rent: £6,996 (£583 per month)
- Turnover: On request
- Profit: On request
Key Features
- Offers Invited
- Adjacent to Multiple Retailers
- Close to Local Amenities
- Town Centre location
Business Details
Hair salon
This well-established hair salon has been a staple in the Walsall, West Midlands community for 18 years. The current owners have maintained the business for 17 years, fostering a strong reputation and an extensive client base. Located in the town center, the salon benefits from its proximity to shops, restaurants, and other local amenities, attracting a steady stream of customers.
With low competition in the area, this offers a fantastic opportunity for potential buyers. Included in the leasehold price of £25,000 are all fixtures, fittings, and stocks, making it a lucrative all-inclusive offer. It presents a perfect chance for someone looking to invest in a fully operational and equipped salon.
The business comes with a reasonable annual rent of £6,996 and employs three staff members. The decision to sell arises from the owners' upcoming retirement from the industry, making way for new ownership. Furthermore, the salon boasts an active online presence, enhancing its visibility and appeal within the community and beyond.
This prime location, positioned adjacent to multiple retailers within the vibrant town center, makes the salon an attractive venture for aspiring entrepreneurs seeking a thriving enterprise in a bustling locality.
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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.
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.
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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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