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Profitable Hair Salon in Prime Location, Caterham Surrey with High Growth Potential

Caterham, Surrey

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    626696

  • Leasehold: £40,000 (Stock at valuation)
  • Rent: £12,000 (£1,000 per month)
  • Turnover: £78,000 (£1,500 per week)
  • Profit: On request

Key Features

  • Potential for Alternative Use
  • New Lease
  • Fully Fitted
  • Retirement Sale

Business Details

Hair salon in Caterham Surrey

Our salon is a well-established business located in the town center of Caterham, Surrey, with a prime location offering high foot traffic and no direct competition. Nearby amenities such as local shops and a supermarket further attract a steady stream of clients and offer significant expansion potential.

Included in the sale are all fixtures and fittings, ensuring a fully-equipped and operational salon from day one. The current leasehold price is £40,000 with an annual rent of £12,000. The business boasts a current turnover of £78,000, demonstrating a promising growth trajectory over the years.

After 16 years of successful operation, the owner is looking to retire, presenting a unique opportunity for investment. The salon currently employs three dedicated staff members and has cultivated a vibrant online presence through platforms like Facebook, Instagram, and TikTok, enhancing its appeal and connectivity with clients.

This attractive business offers numerous potential uses and possibilities with a new lease available. We invite offers from interested parties who see the potential in continuing the success of this thriving salon.

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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.

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