Established Professional Wigs Salon for Sale in North Cheam, London
North Cheam, London
- Status
FOR SALE
- Advert ID
626216
- Leasehold: Price on Application (Stock at valuation)
- Rent: £24,000 (£2,000 per month)
- Turnover: On request
- Profit: On request
Key Features
- Unique Business
- Close to Local Amenities
- Attractive Business
- Small Business
Business Details
Professional Wigs salon for sale in cheam london
A well-established and fully stocked wig boutique is now available for immediate takeover in a prime location, boasting a loyal customer base. This business offers a stylish setup with high-quality inventory and holds great potential for expansion. The boutique is ready for a seamless transition to new ownership, making it an attractive investment opportunity.
The business features an extensive inventory of wigs in a variety of styles and colors, displayed on modern mannequins that enhance the appeal of the collections. The organized store layout allows for easy browsing by customers, while the bright interior, complimented by ample natural light, creates a welcoming atmosphere. Its strategic location offers high visibility with an attractive storefront, drawing in a diverse range of customers.
Operating for 16 successful years under the same ownership, the wig boutique benefits from being surrounded by several amenities that attract a steady flow of potential customers. These include nearby dining options such as Chinese takeaways, pizza shops, and restaurants offering grilled chicken, burgers, Indian, and Iraqi cuisine. Additionally, the area is complemented by the presence of a primary school, an Angel shop, Tesco Express, Aldi supermarket, a bustling McDonald's, and a big Sainsbury’s, along with excellent accessibility, thanks to a bus stop right at the shop front.
Competition in the area is minimal, with only one unique wig salon as known. Despite experiencing ups and downs in turnover, the boutique maintains a strong operational foundation. The decision to sell stems from the owner's retirement plans, offering an opportunity for new energy and direction for the business.
The boutique is currently operated by a small team of two dedicated full-time employees. Although it does not have an online presence at the moment, this presents a valuable opportunity for growth under new management. Training opportunities will be provided to ensure a smooth transition for the new owners and to maintain the quality service that customers have come to expect.
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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.
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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.
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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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