Premium Hair & Beauty Salon for Sale in Colchester Area
Colchester, Essex
- Status
FOR SALE
- Advert ID
644561
- Reference
AS125 / Rightbiz
- Call Agent:
- Leasehold: £265,000 (Stock at valuation)
- Turnover: £450,000 (£8,654 per week)
- Profit: £60,000 (14% Profit margin)
Business Details
Long Established Premium Hair & Beauty Salon in Colchester Area
Confidential Sale
This is an exceptional opportunity to acquire a long-established and highly respected hair and beauty salon in an affluent rural Essex location. Successfully trading for many years, the business has built an enviable reputation for outstanding customer service, professional treatments and a loyal, repeat client base that continues to generate strong revenues and consistent profitability. Beautifully presented and fully equipped, the salon offers a genuine turnkey opportunity for a new owner to take over a thriving business from day one. With proven financial performance, significant opportunities for further growth and an excellent reputation within the local community, this is an ideal acquisition for an experienced salon operator, ambitious entrepreneur or investor looking to expand within the premium hair and beauty sector.
The premises has been established as a beauty salon for over 40 years.
BUSINESS OVERVIEW
Type: Hair & Beauty Salon
Location: Affluent Essex Location
Ownership: Limited Company
Reason for Sale: Change of life direction
FINANCIAL SNAPSHOT (2024)
Turnover: in excess of £450,000
Net Profit: circa.£60,000
Assets: £38,000
Detailed financials available following
NDA.
GROWTH OPPORTUNITIES
• Extend opening hours
• Introduce new treatments
• Increase digital marketing
• Owner operator
Contact Agent
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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.
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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.
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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.
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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.
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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.
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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.'.
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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.
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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
Contact seller
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
Get Solicitor
