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Beauty salon for sale in Plymouth Devon with rental income potential and modern design

Plymouth, Devon
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  • Status

    WITHDRAWN

  • Advert ID

    641684

  • Leasehold: £75,000 (Stock at valuation)
  • Rent: £9,600 (£800 per month)
  • Turnover: £79,851 (£1,536 per week)
  • Profit: £27,560 (35% Profit margin)

Key Features

  • Ideal for beauty professionals
  • Ideal for owner-operator or investor
  • Immediate business operation
  • Immediate operational readiness

Business Details

Beauty Salon in Prime Location

Salon for Sale – Prime Location

An exquisite, fully-equipped salon is now on the market, complete with an established client base and a modern interior that’s perfect for immediate takeover. This is an exceptional opportunity for a stylist or beauty professional aiming to expand their business in a high-visibility setting. The salon features styling stations, backwash units, and a welcoming reception area.

The salon includes five beauty rooms, with two currently rented and two available on a split term basis, making it an attractive proposition for those wishing to increase rental income. Additional amenities include a manager's office and a staff room designed for breaks and meals, ensuring the comfort of both employees and clients alike.

Interestingly, the business is exempt from business rates, adding to its financial appeal. The modern and spacious design contributes to a welcoming atmosphere, complemented by a well-maintained reception area featuring retail displays. Moreover, the salon benefits from a prime location with high foot traffic and excellent accessibility, contributing to its consistent patronage.

Strong Business Performance

The salon has been established for two years, during which time it has shown an increase in turnover. The current turnover stands at £79,851, with a profit margin of £27,560. With a leasehold price of £75,000 and an annual rent of £9,600, this business offers great investment potential.

Compelling Features and Benefits

This salon is particularly ideal for owner-operators or investors looking for an immediate business operation. Key features include a luxurious aesthetic, professional nail stations, and the inclusion of all fixtures and fittings. The ability to operate independently, combined with minimal management requirements, makes this an enticing venture.

The salon presents various opportunities such as offering laser hair removal services and luxurious pedicure experiences. With its Instagram-worthy aesthetic, it appeals to a broad clientele, positioned for success in the lucrative beauty industry. Furthermore, the lease offers negotiation possibilities and security, providing stability for future growth.

The local area is bustling with amenities, including the main high street, House of Fraser, and Drake Circus Mall, attracting additional customers. As it stands, this salon is the only one in the vicinity, providing a competitive edge.

If you are an aspiring entrepreneur or an experienced professional looking to invest in a thriving beauty business, this salon invites viewing opportunities to explore its full potential. With all these enticing prospects, this salon represents not just a business, but a pathway to success in the beauty industry.

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WITHDRAWN FROM THE MARKET

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.

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