Award-Winning Beauty Training Academy For Sale in Birmingham, West Midlands
Birmingham, West Midlands
- Status
FOR SALE
- Advert ID
626452
- Reference
B07456 / Rightbiz
- Call Agent:
- Leasehold: £64,995
- Turnover: £76,994 (£1,481 per week)
- Profit: £6,038 (8% Profit margin)
Business Details
Well established Beauty Training Academy For Sale
BusinessPlease quote reference B07456
CoGoGo are delighted to welcome to the market one of the UK's leading providers of Beauty Training courses called West Midlands Nail & Beauty Academy.
The business was first established by our client in 2015, building up an excellent reputation and repeat client base during that time.
This business opportunity has now come to the open market due to commute issues.
The business is located in Birmingham. They've developed an international reputation for world-class teaching. As a result, they have received recognition from some of the industry’s leading organisations, competing for prestigious awards at both regional and national level. The business is proud have trained no less than 16 award-winning students who excelled in national competitions including Worldskills UK and UK Nail Tech.
The business offers a range of Beauty Training courses including;
- Level 4 certificate in Skin Needling (micro needling)
- Level 2 VTCt Facial and Skin Care Certificate
- NVQ Level 2 & NVQ Level 3 Beauty Therapy Diploma Bundle
- Level 4 Micropigmentation
- Russian Lash Course
- Brow Lamination Course
- Hydrodermabrasion Facial Course
- Level 2 Nail Technology
- Chemical Peel Course
- Dermaplaning Course
The sale will include the company website and social media platforms and the business enjoys great visibility online with impressive reviews.
Key selling points -
- A well established business with an enviable reputation and many industry awards
- Current owner would be happy to offer a short handover to ensure the continued success of the business
- Ideal owner managed or partnership business
- A real opportunity to increase turnover and profits significantly, owner has been running at a pace to suit
- Little or no competition locally
- Advertising and Marketing campaign
- Maximise the use of social media
- Extend the opening hours
- Canvass all local schools and colleges
- Explore online voucher discounters such as Wowcher and Groupon etc
- Invest in SEO and PPC to drive new clients to the company website
Location
The business is located on Heath Mill Lane in Birmingham.
Premises
The business is ideally situated in the city centre premises, ideally suited to the trade with a communal reception area and fully equipped treatment/training rooms.
Tenure
We are advised that the business is being sold on a leasehold basis, currently on 2 year lease. The rent is £940 per month.
Hours
The current trading hours are -
Monday - Closed
Tuesday to Saturday - 9am - 5pm
Sunday - Closed
Staff
We are advised that the business is run and managed by our client, with 3 self employed additional staff members.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £77,000. Further financials can be made available upon request.
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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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