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659257
B09809 / Rightbiz
This highly successful boutique hair salon is renowned for its welcoming atmosphere, exceptional customer service and professional hairdressing.
Described by clients as a stylish and intimate boutique salon, the business offers a beautifully designed, comfortable and relaxing environment.
The salon has developed an outstanding reputation, receiving prestigious customer experience awards on numerous occasions and consistently achieving exceptional client satisfaction ratings.
With an excellent online review profile, the business enjoys a strong reputation, with clients regularly praising its warm and friendly atmosphere, quality hairdressing and thoughtful touches.
A significant strength of the business is its highly profitable operating model, generating substantial recurring income through established chair rental arrangements.
Rather than relying heavily on retail product sales, the business focuses on offering premium, high-margin hair treatments, providing attractive profitability without unnecessary stockholding.
The salon benefits from an efficient online booking system, allowing clients to book appointments conveniently and helping to streamline daily operations.
Remarkably, the business has undertaken little active marketing in recent years, with trade generated predominantly through its outstanding reputation, repeat custom and personal recommendations.
This presents an excellent opportunity for a new owner to introduce targeted marketing, develop its social media presence and further expand the existing customer base.
Location
The business occupies an attractive trading position within an affluent and sought-after residential area of North London.
The salon benefits from a loyal local customer base and an excellent reputation that attracts clients through recommendations and repeat visits.
Its desirable location provides an ideal setting for a quality boutique hair salon with an established clientele.
Premises
The business operates from attractive, well-designed leasehold premises, providing an intimate and welcoming boutique salon environment.
The salon has been thoughtfully arranged to create a comfortable, professional setting while maintaining exceptionally low running costs compared with many competing hair salons.
The premises offer an established, fully operational salon environment, allowing an incoming purchaser to continue trading with minimal disruption, subject to the agreed terms of sale.
Tenure
The premises are held on a leasehold basis, with the benefit of an established lease agreement.
The business enjoys a particularly competitive rental commitment, helping to support its impressive profitability.
Further lease details are available to genuinely interested parties.
Hours
The salon operates with an established team and an efficient online appointment booking system.
The owner currently works on a limited part-time basis, providing an incoming hands-on purchaser with significant scope to increase their personal involvement and potentially enhance profitability.
Staff
A particularly valuable feature of the business is its loyal, experienced and long-established team.
Several members of staff have been associated with the salon for many years, contributing significantly to its reputation, client retention and consistently high standards of service.
The established team enables the business to operate successfully with minimal day-to-day involvement from the owner, making it equally attractive to an experienced hairdresser seeking their own salon or a purchaser looking for a business with an established operating structure.
Financial Profile
We are advised of the following:
The business generates an attractive annual turnover and achieves an impressive level of net profitability.
That substantial recurring income is generated through established chair rental arrangements, providing a valuable and consistent revenue stream.
The business benefits from exceptionally low operating overheads and a highly competitive rental commitment, contributing to its strong financial performance.
The profitability is particularly noteworthy given the owner's limited working hours and the absence of active marketing campaigns in recent years.
Further financial information will be made available to genuinely interested parties upon request.
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.
Be safe, use a Rightbiz Solicitor
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
Get Solicitor
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