FOR SALE
627053
The beauty and aesthetics salon in Birmingham has been my dream and a labor of love. Over the past five years, I poured significant effort into building it up, enjoying consistent year-on-year growth. Thanks to its strategic location in Ladywood, just a short distance from Birmingham city center, it attracts a steady flow of customers. The surrounding area is continually developing, enhancing the salon's appeal and accessibility.
The premises boast a stylish interior, elegantly furnished and designed to create a warm, welcoming atmosphere. The salon comes equipped with advanced beauty machines such as the COOL 360 and Ergoline Excellence 800. It features spacious treatment areas that benefit from ample natural light, making it a delightful space for both clients and staff. Located in an established area, the salon enjoys high visibility and foot traffic, contributing to its success.
Financially, the business is sound, with an annual turnover of £86,000 and a profit of £13,000. The leasehold is priced at £35,000, and the annual rent amounts to £36,000. Inclusively, all fixtures and fittings are part of the sale, which also covers the stock. The salon is surrounded by amenities such as shops, schools, and restaurants, serving as additional draws for customers. Interestingly, there is no significant competition in the area, setting the stage for unimpeded business growth.
Regrettably, due to family issues, I am compelled to return to my home country indefinitely, which is the primary reason for selling this beloved business. Despite this, I am prepared to offer training to the new owner to ensure a smooth transition. Currently, the salon maintains an online presence through personal Instagram, Facebook, and maps pages. The business is ideally located with parking facilities and eagerly awaits a new owner who can capitalize on its potential for alternative uses and continued success.
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.
Be safe, use a Rightbiz Solicitor
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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