Redbourn’s Favourite Salon in Saint Albans Hertfordshire available for new ownership
Saint Albans, Hertfordshire
- Status
WITHDRAWN
- Advert ID
639421
- Reference
B09117 / Rightbiz
- Call Agent:
- Leasehold: £87,000
- Turnover: £198,433 (£3,816 per week)
- Profit: Not Applicable
Business Details
Redbourn’s Favourite Salon – A Community Gem Ready for Its Next Chapter
BusinessPlease quote reference B09117
CoGoGo presents Salon of Gems is a well-established, award-winning hair and beauty salon based in the heart of Redbourn.
Originally founded in 2016 as GeGe Hair and Beauty, the salon was successfully rebranded in June 2024 to reflect its modern, inclusive, and community-focused identity.
Offering a full range of services, including men’s and women’s hairdressing, kids’ cuts, hair extensions, facials, waxing, lash and brow treatments, BIAB nails, manicures, pedicures, makeup, aesthetics, and foot health, the salon has built a loyal clientele over its 45 year presence in the village.
The business benefits from two allocated car parking spaces located at the rear of the property, which are included within the lease agreement, providing a significant advantage for both staff and clients and adding to the overall appeal of the premises.
The team consists of skilled professionals, including employed staff and self-employed practitioners, all working together in a welcoming, friendly environment supported by a strong online presence and excellent client reputation.
Location
Salon of Gems is located in St Albans.
Premises
Get in touch with CoGoGo now!
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Tenure
We are advised that this opportunity is being sold on a Leasehold basis.
Hours
Click ‘Contact Seller’, ‘Send Enquiry’ or ‘Contact Broker’ now to find out more.
Staff
Click ‘Contact Seller’, ‘Send Enquiry’ or ‘Contact Broker’ to speak with one of our team and organise a viewing that fits your schedule.
We can provide further details we have on file and insights into how the business operates day-to-day.
Financial Profile
We are advised on the following:
Turnover: £198,433
Monthly Rent: £725 (no current lease in place, renewal available)
Fixtures & Fittings: approx. £30,000
Rental Income:
- Chair renter: £250/week 40% income share (minus one Saturday/month)
- Foot health practitioner: £50/day £15 system fee (moving to 2 days/week in 2025 = £80/week £15)
Contact Agent
Listing Statistics
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This listing has been withdrawn by the seller or their agent. Please check back soon for any future updates.
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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