Hair and Beauty Salon for Sale in the City of London - Style Without Limits
City of London, London
- Status
FOR SALE
- Advert ID
645420
- Reference
B09388 / Rightbiz
- Call Agent:
- Leasehold: £54,995
- Turnover: £80,000 (£1,538 per week)
- Profit: Not Applicable
Business Details
Style Without Limits – Fully Staffed Hair & Beauty Salon
BusinessPlease quote reference B09388
CoGoGo proudly presents to the market a well-established and fully staffed hair and beauty salon with an excellent local reputation and eight years of trading history.
The business has been under the current ownership since November 2023 and operates entirely under management, with the owner not working within the salon. This makes it an ideal opportunity for an investor or hands-off operator seeking a turnkey operation with an experienced team already in place.
The salon is fitted with four styling stations and offers a range of popular hair and beauty treatments, benefiting from repeat custom and word-of-mouth referrals. The business is now being offered for sale due to the owner relocating overseas for health and family reasons.
Early viewing is highly recommended with CoGoGo!
Location
The business occupies a well-positioned unit within a busy parade, benefiting from steady footfall and a strong surrounding residential catchment. The location supports repeat custom and walk-in trade.
Premises
Well-presented and professionally fitted premises comprising a welcoming reception area, four styling stations, wash basin facilities and a dedicated beauty treatment space. The salon is fully equipped and ready for immediate continuation of trade. The premises also benefits from 1x free parking space to the rear of the shop which is included in the lease.
Tenure
Leasehold.
We are advised that there are approximately 8 years remaining on the current lease. Rent is £20,000 per annum (£1,666 per calendar month), with no business rates payable.
Hours
The current opening hours are:
Sunday & Monday - Closed
Tuesday to Friday - 10:00 am to 6:00 pm
Saturday - 9:00 am to 6:00 pm
Staff
The business is supported by four members of staff – three part-time and one full-time – allowing the salon to operate without direct owner involvement.
Financial Profile
We are advised that the business generates a turnover of approximately £80,000 per annum.
The sale includes tangible assets in the region of £45,000.
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Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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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.
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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
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