Beauty salon for sale in West Midlands with experienced team and loyal clientele
Undisclosed, West Midlands
- Status
FOR SALE
- Advert ID
652537
- Reference
3087TPBW / Rightbiz
- Call Agent:
- Leasehold: £109,950
- Turnover: £296,000 (£5,692 per week)
- Profit: Not Applicable
Business Details
BEAUTY SALON WITH EXPERIENCED TEAM AND STRONG REPEAT CLIENT BASE
An excellent opportunity to acquire a well-established and highly regarded beauty salon located in Nottinghamshire.
The business has built a loyal and repeat customer base over many years and benefits from an experienced team of eight employees, many of whom have been with the business for over ten years. Generating annual sales £296,000, the salon operates from attractive premises and offers a wide range of beauty treatments. The owner currently works only approximately 16 hours per week carrying out treatments, demonstrating that the business is not heavily reliant on owner involvement
The salon benefits from a strong online presence, excellent client retention and operates using the Phorest booking system.
Current turnover is approximately £296,000 per annum and there remains significant scope for further growth through the introduction of additional treatments, hair services, extended opening hours or increased utilisation of existing facilities.
Facilities include:- Four treatment rooms • One dedicated spray tan room • Four brow and lash stations • Six nail stations • Two pedicure stations • Reception and customer waiting area
- Established and respected local brand • Annual turnover approximately £296,000 • Experienced team of eight employees • High levels of repeat business • Strong social media presence • Owner only generates approximately 10% of turnover • Growth opportunities available • Ideal owner-operator or bolt-on acquisition
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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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