40-Year Established High-End Salon in Southsea Hampshire with Huge Growth Potential
Southsea, Hampshire
- Status
FOR SALE
- Advert ID
627107
- Leasehold: £40,000
- Turnover: £150,000 (£2,885 per week)
- Net Profit: On request
Key Features
- Established Business
- Fully Fitted
- Accounts Available
- Prime Location
Business Details
Well established salon for over 40 years
This is a unique opportunity to acquire a heritage hairdressing business, well established in the Southsea area. The business has been trading for over 40 years passing through two generations of the same family. The current owners are looking to retire but would love to see the business continue to serve the local community.
The business has a well established clientele and has a high end reputation for quality and excellence. Although the business comes with its own reliable clientele, it also offers the right buyer an enormous opportunity for growth, potentially delivering exceptional return on investment with a good management strategy.
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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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