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Hair and Beauty Studio with Loyal Clientele and Room for Growth

UndisclosedEst. 15 years

PHOTO COMING SOON

  • Leasehold: £79,995
  • Turnover: £110,657 (£2,128 per week)
  • Profit: Not Applicable

Business Details

Established Hair & Beauty Destination in a High Footfall Location

Business
Please quote reference B09783

CoGoGo welcomes an exciting opportunity that has become available to acquire a well-established and highly regarded hair and beauty studio occupying substantial multi-floor premises in a busy Sheffield location.

Established for approximately 15 years, the business combines a loyal customer base, excellent reputation, stylish premises and a fully staffed operation with plenty of scope for further growth.

This is a fantastic opportunity to take over an established hair and beauty business with a strong local presence and excellent customer reputation.

The business has been in the current ownership for approximately 2.5 years and is now offered for sale due to the owners' involvement in other business interests.

The salon is fully staffed and operational, allowing an incoming purchaser to take over an established business while introducing their own ideas and plans for future growth.

The business has been established for approximately 15 years and has developed an outstanding reputation within the local area.

Offering both hair and beauty services, the business benefits from multiple potential income streams and an established customer base.

A strong online presence and excellent customer feedback further support the reputation that has been built over many years.

The business provides an incoming purchaser with an excellent foundation from which to continue developing the brand and expanding its range of services.

To receive the full details, you will be required to sign a Non-Disclosure Agreement.



Location

The business occupies a prominent position within a busy and popular Sheffield suburb.

The salon benefits from an extremely high-footfall location, strong visibility and convenient access for customers.

Its established position within a thriving commercial area helps generate both repeat custom and passing trade.

Further location details will be made available to genuinely interested parties following the appropriate confidentiality procedures.



Premises

A major attraction of this opportunity is the size and versatility of the premises.

Arranged over multiple floors, the property currently provides a modern ground-floor hair salon together with dedicated beauty treatment accommodation on the upper floors. Importantly, all of the current beauty rooms are fully rented, providing an established income stream for an incoming purchaser from day one and further strengthening the turnkey nature of the opportunity.

Additional space is presently used as an office but could potentially be returned to beauty use, creating further treatment capacity and additional revenue opportunities, subject to any necessary consents.

The generous accommodation provides excellent flexibility for an ambitious purchaser looking to grow the operation.



Tenure

The business operates from leasehold premises.



Hours
The current operating hours are:

Monday - Closed

Tuesday to Friday - 9:00 am to 4:00 pm

Saturday - 9:00 am to 4:30 pm

Sunday - Closed



Staff

A major attraction of this opportunity is that the business is fully staffed.



Financial Profile

The business is an established trading operation with accounts available to genuinely interested parties.

Detailed turnover, profitability and property-related financial information will be disclosed following the appropriate confidentiality procedures.



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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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