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CONFIDENTIAL
FOR SALE
638983
Business Overview
This well-established high-end dog grooming salon is located in the bustling town center of Walthamstow, London. The business has been operating for 2 years and is owned by the current proprietor for 2.5 years.
Financial Performance
The salon has experienced remarkable growth, achieving a 44% increase in turnover year on year. This reflects the effectiveness of its operations and the demand for its services. The asking price is available upon request, and all stock is included in the sale. Suitable accounts are also available for review.
Facility and Assets
The business is fully fitted with fixtures and fittings that are part of the sale. Additionally, the annual rent for the leasehold space is £32,400. A new lease will be provided to the new owners, ensuring the continued operation of this successful venture.
Operational Details
The salon employs five staff members, contributing to a well-rounded team dedicated to delivering exceptional grooming services. The business currently has a strong online presence, enhancing its visibility and customer engagement.
Transition Support
To facilitate a smooth transition for new owners, training opportunities will be provided. This support will help maintain the standard of service and ensure ongoing success after the sale.
Reason for Sale
The current owner is selling the business due to the need to relocate. This presents an excellent opportunity for someone looking to take over and build upon an already successful establishment.
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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