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CONFIDENTIAL
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The Nail Bar is an attractive salon situated in an affluent area known for its high foot traffic and loyal customer base. This fully fitted and operational business presents a turnkey opportunity for a new owner to step in and start trading immediately, making it an ideal venture for aspiring entrepreneurs or seasoned investors alike.
There is considerable potential to enhance the salon's turnover by extending its operating hours, currently closed on Monday and Sunday, and by hiring additional technicians. Furthermore, expanding the range of services offered could cater to a broader clientele. The salon's location is particularly advantageous, with only one other nail bar in the immediate vicinity, providing excellent opportunities for growth and market share expansion.
This is an excellent chance for an owner-operator or investor seeking to acquire an established business in a prime setting. The Nail Bar has been in operation for two years and has enjoyed success under the current ownership, which has also lasted the same duration.
Strategic Location and Amenities
Located in a prime high street position, the salon benefits from its proximity to various nearby amenities such as shops and restaurants, which help attract customers. The area has limited competition, making the potential for increased sales and thriving business operations readily apparent.
Business Details and Financial Overview
The Nail Bar operates on a leasehold basis, and the asking price is available upon request. Current turnover is £195,000, with an annual rent of £25,200. All stocks are included in the sale, along with all necessary fixtures and fittings, ensuring a smooth transition for the new owner.
Facilities and Services
The salon is known for its clean and well-equipped spaces, featuring professional treatment facilities and a relaxing atmosphere that invites clients to unwind. The experienced team of qualified nail technicians and the availability of a reception and service desk contribute to a high standard of client service.
In addition to its physical offerings, the business has a robust online presence and engages actively with customers through social media, bolstering visibility and helping to maintain a strong annual turnover from a dedicated client base known for their loyalty and repeat business.
Support for New Owners
The current owner is selling the business to focus on other ventures but is committed to providing a handover period to ensure a smooth transition. This includes training opportunities to help the new owners acclimatise to the operations of the salon. With all the elements in place for continued success, The Nail Bar represents a compelling opportunity for those looking to invest in a thriving beauty business.
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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