Thriving Hairdressing and Beauty Salon for Sale in West End Southampton with Loyal Clientele
West End, Hampshire
- Status
FOR SALE
- Advert ID
631080
- Leasehold: £45,000 (Stock at valuation)
- Rent: £17,000 (£1,417 per month)
- Turnover: £200,000 (£3,846 per week)
- Profit: On request
Key Features
- Established business goodwill included
- Established business with history
- Loyal client base established
- Experienced and loyal staff
Business Details
Hairdressing and Beauty Salon for sale in West End, Southampton
An exceptional opportunity awaits with a well-established and fully equipped salon for sale in the bustling West End area of Southampton. With its rich history of 25 years in the industry, this salon offers a wide range of hair services and boasts a loyal client base. Its prime location ensures consistent foot traffic, and the nearby amenities, including a convenience store, pub, pharmacy, diverse restaurants, and public services, further enhance its attractiveness to potential customers.
Currently, the salon is under the ownership of someone who has been at the helm for the past two years. Known for its friendly atmosphere and professional standards, the salon has minimal local competition, with only a small salon located within a mile. The fully furnished salon includes ten workstations, three basins, a beauty room, two nail stations, two pedicure stations, and a reception counter, alongside a kitchen, all included in the asking price of £45,000.
The financial health of the salon is notable, with the current annual turnover reaching £200,000 and substantial growth observed in the last year. The annual rent stands at £17,000. The business is supported by a dedicated team consisting of three full-time employees, including the owner, one part-time employee, two self-employed staff, and an additional self-employed beauty therapist.
Another significant advantage of this salon is its strong online presence, characterized by excellent reviews and a loyal social media following. This digital footprint has been instrumental in maintaining steady client bookings and enhancing local recognition. To ensure a smooth transition for interested buyers, a comprehensive handover and basic training will be provided.
The current owner is looking to step back from the industry to enjoy a different pace of life, creating a turnkey opportunity for a new owner to take over a thriving and well-loved business.
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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.
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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.
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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.
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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.'.
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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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