Hair and Beauty Salon for Sale in St Albans, Herefordshire
Undisclosed, Herefordshire
- Status
FOR SALE
- Advert ID
653468
- Reference
AS184 / Rightbiz
- Call Agent:
- Leasehold: £250,000
- Rent: £17,000 (£1,417 per month)
- Turnover: On request
- Profit: On request
Business Details
Highly Profitable Hair & Beauty Salon in St Albans
Established and reputable hair, beauty and aesthetics salon located in St Albans. The business benefits from a loyal and growing client base, a strong local reputation, 173 Google reviews with an excellent rating and over 563 reviews on Treatwell. The salon has modern branding, a professional team in place and offers hairdressing, beauty and aesthetic services. Significant opportunities remain for further growth through expansion of services, team development and increased marketing activity.
PREMISES & STAFF
4 x Employed Staff plus Owner Operator
Premises: Leasehold
Lease commencement: 13 February 2023
Lease term: 5 years
Current annual rent: £17,000
Services range from approximately £20 for basic treatments to over £500 depending on the services provided.
The business offers a wide range of professional hair, beauty and aesthetics services.
The salon serves around 150 clients per month with a strong and continually improving client retention rate. Returning clients currently account for approximately 65–67% of the monthly client base.
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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.
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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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