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Hair and Beauty Salon for Sale in Hampshire with 40 Years of Trading and Management in Place

Undisclosed, HampshireEst. 40 years
Established Hair & Beauty Salon, Hampshire Photo 1
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Established Hair & Beauty Salon, Hampshire
  • Leasehold: £70,000
  • Turnover: £247,000 (£4,750 per week)
  • Profit: £30,300 (ROI 43.29% • Payback 2.31 years)

Business Details

Established Hair & Beauty Salon, Hampshire

Overview

This is a confidential opportunity to acquire a well-established hair and beauty salon in Hampshire. A salon has traded from the location for approximately 40 years, giving the business deep roots in its local community and a client base built up over decades. The current owner purchased and rebranded the business three years ago, refreshing its identity while retaining its loyal, repeat clientele.

Operating through a limited company, the business generates a turnover of approximately £247,000 with a net profit of approximately £30,300. A team of six employed staff runs the salon day to day, and a manager was brought into the business in November, meaning the operation is already structured to trade under management. The sale arises through the owner's genuine retirement, and she is willing to pass her own personal clients on to the buyer.

Business Highlights

- Approximately 40 years of trading from the same location
- Turnover of approximately £247,000 and net profit of approximately £30,300
- Six employed staff, with a manager in place since November
- Owner willing to pass her own personal clients on to the buyer
- Nails and beauty room available to rent at £500 per month
- 11-year lease in place
- Genuine retirement sale

Location

The salon is located in Hampshire, where its long, unbroken trading history has made it a familiar and trusted name among local clients. The precise location is disclosed on receipt of a signed NDA.

Premises & Tenure

The premises are well configured for a busy hair and beauty operation, comprising 10 styling sections, 4 backwash units, a separate nails and beauty room, a staff room and a utility area. The nails and beauty room is available to rent at £500 per month, offering a supplementary income stream or space to expand the in-house beauty offering. The premises are held on a leasehold basis, with a long lease in place providing security of tenure for an incoming owner.

Next Steps

This is a rare opportunity to acquire a profitable, long-established salon with staff and management in place, suited to a hands-on salon professional, a first-time owner or an investor seeking a managed business. The Information Memorandum, including the business name, precise location and full financial and lease details, is released on completion of a short NDA. Interested parties are encouraged to contact Goodwins to register their interest. Full details are available in the Information Memorandum.
  • Long Lease Available
  • Loyal Customer Base
  • Management in Place
  • Repeat Business
  • Retirement Sale
  • Staff In Place
  • Well Established
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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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