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This modern unisex hairdressing salon in Havering, London, has been a staple in the community for 25 years. Located in a bustling area with convenient access to multiple shops and a busy bus route, the salon benefits from high foot traffic and proximity to a train station just two minutes away. This well-established salon has no direct competition from other ladies' salons in the vicinity with private customer parking, making it a standout business opportunity.
The salon's gross takings amount to £213,982, with a net turnover of £178,319, showing a consistent increase in revenue year after year. It operates from a leasehold property, with eight years remaining on a renewable lease. The current rent is £12,500 per annum, with three years fixed at this rate, offering stability and an attractive investment opportunity. Additional income potential exists through barber and chair rental.
This fully fitted establishment consists of nine styling positions, two barber stations, three back washes, a staff room, a toilet, a locker area, as well as an outdoor utility and storage area. The salon is fully computerized, featuring a linked payment system and a dedicated website, ensuring a seamless customer experience.
Currently, the owner, who has managed the business for the entire duration, is looking to retire. This creates a rare opportunity for new ownership to further develop the business, which includes a large client data base and low overheads. The salon's accounts are available for review upon request, with the asking price for the leasehold opportunity also available upon inquiry.
This well-fitted salon thrives in a town centre location, closely situated to numerous retailers and the private rear car park has space for up to 8 cars for clients convenience. Such a strategic and advantageous location underscores the salon's potential for continued growth and success.
Priced to sell- no offers.
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.
Do not 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 amount 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.
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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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