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FOR SALE
641613
A well-established hair and beauty brand, recognised for its reputation in the industry, is now available for acquisition. Founded in 2016, this fully developed business comes complete with a robust digital infrastructure, a loyal customer base, and a proven demand in the market. This opportunity is ideal for anyone looking to step into a functioning brand without the challenges of starting from scratch.
With eight years of successful operation, the business has garnered a stable turnover, showing consistent growth year-on-year. The current owners have invested their time and effort into building a reputable identity within the community, making it an attractive proposition for potential buyers.
The salon is situated in Edmonton, London, which benefits from a range of nearby amenities, including shops, restaurants, and public services, all of which contribute to foot traffic and attract customers. While competition is present in the area, it is comparable to many urban locations, creating a balanced market environment for the salon.
Business Details
The asking price for this unisex hair salon is £12,000, with an impressive profit margin of £25,000. All stock is included in this price, ensuring that the new owner can immediately benefit from the existing inventory.
At present, the business employs two staff members, contributing to its operational capacity alongside an established online presence that effectively markets services. To aid in the transition, the current owners are willing to provide training opportunities for the new proprietors, ensuring a smooth handover and continued success.
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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