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Owner-Operated Ladies Hair Salon in Wolverhampton Available for Sale

Wolverhampton, West Midlands
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Owner Operated Ladies Hairdressers Established in 1983 with Excellent Turnover and Profit Photo 1
Owner Operated Ladies Hairdressers Established in 1983 with Excellent Turnover and Profit Photo 2
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Owner Operated Ladies Hairdressers Established in 1983 with Excellent Turnover and ProfitOwner Operated Ladies Hairdressers Established in 1983 with Excellent Turnover and ProfitOwner Operated Ladies Hairdressers Established in 1983 with Excellent Turnover and Profit
  • Leasehold: £15,000
  • Rent: £6,800 (£567 per month)
  • Turnover: £50,000 (£962 per week)
  • Profit: £30,000 (ROI 200% • Payback 0.5 years)

Business Details

Owner Operated Ladies Hairdressers Established in 1983 with Excellent Turnover and Profit

This is an excellent opportunity to acquire a long-established ladies hair salon that has been successfully serving its loyal clientele since 1983. Located within a suburban shopping area in Wolverhampton, the business has built a strong reputation for quality hairdressing, friendly service and customer loyalty over more than four decades. Operating as an owner-operated business, the salon generates an impressive level of profitability while benefiting from low overheads. Fully equipped and ready to trade from day one, this genuine turnkey opportunity is ideal for a stylist looking to become their own boss, an experienced salon owner seeking an additional location or an entrepreneur looking for an affordable and profitable business.

PREMISES & STAFF

Leasehold  
Rent: £6,800 pa
Employees: 0
 

BUSINESS OVERVIEW

Type: Ladies Hair Salon

Location: First Floor premises in suburban shopping area in Wolverhampton

Established: 43 Years

Turnover:  £50,000

Net Profit:  £30,000

Asking Price:  £15,000

Reason for Sale: Retirement

CONFIDENTIAL SALE
This opportunity is offered strictly confidentially. Interested parties must complete a confidentiality agreement.

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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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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.

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