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Located in the bustling heart of Bulwell, Nottinghamshire, this well-established beauty salon boasts a successful trading history of 25 years. Spanning three spacious floors, the premises provide an inviting and versatile environment, perfect for anyone looking to take over an existing business or start anew. The salon enjoys a prime retail location with excellent foot traffic, ensuring a steady stream of clientele.
The first floor features two treatment rooms, a welcoming reception area, a nail bar, and a separate space dedicated to beauty treatments and massage. Two storage areas complement this layout, offering practicality and ease of operation. The second floor is characterised by its open space, which allows for various uses. It also includes a small kitchen and a single toilet, making it convenient for both staff and clients alike.
On the third floor, potential owners will find two large rooms already configured for hairdressing, complete with two hairdressing sinks and five chairs. This level also offers two storage rooms, another kitchen, and an additional toilet. The salon is equipped for immediate trade, making it an appealing prospect for any entrepreneur.
Flexible Opportunities for Success
The current lease holder has the flexibility to sublet any part of the premises, providing an excellent opportunity for the right individual to either run the business personally or maximise profits by leasing portions of the space. This adaptable setup can cater to a variety of beauty services or even other business ventures, allowing for considerable growth potential.
While the beauty salon would benefit from a fresh coat of paint, this presents an exciting chance for new owners to personalise the decor to reflect their style. There is currently some water damage on the third floor due to a roof leak; however, the landlord is actively addressing this issue, ensuring that future internal work will not be impacted.
Strong Clientele and Earnings Potential
This salon is renowned for its strong local presence, supported by word-of-mouth referrals and a loyal customer base that has been utilising its services for many years. Although it currently operates only three to four days a week, there is substantial potential for a new owner to increase working hours and boost profitability significantly. The total turnover stands at £104,000, with an annual rent of £9,720, and all stock is included in the sale.
In summary, this thriving beauty and hair salon is a rare opportunity for anyone looking to invest in a well-known local establishment with a proven track record of success. The combination of a prime location, strong earnings potential, and the ability to sublet positions this business as an attractive proposition for any passionate entrepreneur.
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.
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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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