Beauty salon for sale in New Malden with a loyal clientele and great growth potential
New Malden, London
- Status
FOR SALE
- Advert ID
636460
- Leasehold: £40,000
- Rent: £10,000 (£833 per month)
- Turnover: £50,000 (£962 per week)
- Profit: On request
Key Features
- Small Business
- Accounts Available
- Fully Fitted
- Attractive Business
Business Details
Thriving Beauty Salon in New Malden
This beauty salon is a vibrant and successful business located in New Malden, boasting over 750 5-star reviews on Treatwell and a loyal customer base. With a friendly and professional team, the salon offers significant potential for expansion, particularly in areas such as laser and additional beauty treatments.
The salon is equipped with essential amenities to ensure a comfortable and efficient working environment. Key features include air conditioning, a sink, and ample storage cabinets, all designed to enhance client convenience and staff efficiency. Separate restroom facilities are available for customers, as well as a fully functional kitchen area for staff usage, which includes laundry facilities. The treatment space is well-appointed with a massage table and professional-grade equipment, making it an ideal setting for various beauty services.
The current owner has operated the business for five years and is choosing to sell due to a family decision. The salon employs three staff members who contribute to its warm and welcoming atmosphere. It is strategically located on a shop parade, making it attractive to potential customers due to its proximity to various shops, restaurants, and public services.
The salon has a strong online presence, which can help new owners continue to attract clients. Additionally, the current owner is willing to provide training and support to the new owners for a smooth transition. The salon is available for purchase as a leasehold for £40,000, with a current turnover of £70,000 and an annual rent of £10,000.
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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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