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CONFIDENTIAL
FOR SALE
652442
Situated in an affluent market town in Essex, this small salon has a rich history, having operated for over 20 years under various ownerships. With the current owners having established the business for the past eight years, it has cultivated a loyal clientele that consistently returns for both hair and beauty services. This strong foundation offers an exciting opportunity for a hands-on owner to further increase revenue and attract even more clients.
The salon boasts fully equipped facilities, allowing for immediate operation from day one after handover. Its prime location is enhanced by a wealth of local amenities, including shops, restaurants, and pubs that not only cater to existing residents but also attract new visitors to the area. This influx of potential customers creates a promising environment for growth.
Among the many advantages of this salon is its scope for expansion.
With strong relationships with a responsive landlord and a well-established business model, the salon stands ready for a new owner to make their mark.
Key Features of the Salon
The sale includes all necessary fixtures and fittings, such as hair styling stations, backwashes, a beauty bed, and storage in the beauty room, ensuring that the new owner has everything needed to operate seamlessly. Additionally, a well-furnished reception area is included, creating a professional environment for welcoming clients.
Operational Insights
The salon currently employs two team members, which cosists of two part-time stylists. Furthermore, there are partnerships with self-employed beauty therapists and stylists that contribute to the salon's diverse service range. This staffing model supports both efficiency and flexibility in meeting client needs.
Potential for Growth
While the salon enjoys a steady turnover of £80,000, there is considerable potential for increased revenue, particularly through rental opportunities and a working owner. The current owner is seeking to retire and relocate abroad, presenting a unique chance for an ambitious individual to step in and evolve the business established in this vibrant community.
Investment Details
The leasehold of this thriving business is available for £25,000 (just reduced) offering a fantastic opportunity to invest in a well-established salon with strong local foot traffic, repeat business prospects, and ample room for growth.
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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