FOR SALE
26/04/22
294325
BB5157 / Rightbiz
Overview:
For sale is a very busy Unisex Hair Salon Business that is located in South East London.
The business is new to the market and is a well established Hair Salon. The business has a fantastic reputation and a loyal customer base, it's a great opportunity for any buyer looking for an existing, successful business to walk into.
Annual Turnover: £3,000
Annual Turnover Period: Weekly
Net profit: £28,000
Tenure: Leasehold Lease term: 5
Lease Expiry: tbc Annual Rent: £16,500
Business Rates: tbc Business Established: 42 years
Current owner has run this business for:
Business Sale Description:
This highly regarded Unisex Hair Salon business is now for sale. Since its founding 42 years ago, the business has built up an impressive client base. Having a leasehold tenure on the property aids an easy transition for a new owner. It sees a high annual turnover, providing an extremely promising opportunity.
This is a fantastic opportunity for a buyer to acquire a recognised Unisex Hair Salon business in a popular area of South East London. The business is now for sale on a leasehold basis.
Ideally situated in a prime location, the business premises benefit from high levels of footfall and passing trade. The current owner is happy to have a discussion about a potential transitional period.
Despite firm foundations set, there are many ways to grow the business further. To continue the success of the business, the new owner would ideally have experience within the industry. The business’s current reputation has mainly grown through word of mouth, meaning further local and online advertising could see even higher profits.
The business is ideally suited to a hands-on owner-operator but due to our client wishing to take up to retirement, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
A VIEWING OF THIS BUSINESS IS HIGHLY RECOMMENDED
Key Features of This Business:
Excellent Reputation;
Recently Refurbished;
Events Hosted;
Friendly & Professional Team;
Well Equipped Premise;
Loyal Custom Base;
Equipment to be included;
Holds Secure Contracts;
Huge Growth Potential;
Variety of Services or Products;
Low Overheads;
Spacious Premises;
Locally Sourced Products;
Has Supplier Relationships;
Room to Expand
Key Business Information:
Variety of Services or Products;
Low Business Overheads;
Professional/Friendly Team;
Large/Spacious Premises;
Excellent Reputation;
Secure Business Contracts In Place
Key Location Features:
Home Based;
Shopping Centre Location;
Office Based;
High Street Location;
On-site Car Parking;
Nearby Car Parking;
Good Transport Links;
City Centre Location
Accommodation Included: Yes
Potential Growth Opportunities:
A new owner could look to develop the business further through additional marketing and promoting special offers to gain more customers. The business does limited advertising and has achieved much of its success through its reputation for excellence. Through increased advertising via social media and online platforms the business could boost exposure to its services and effectively attract more customers.
Vendor Open To a Transition Period: NO
Business Sector Type: Hairdresser
Are Company Accounts Available: YES
Management Structure For Business: Run by owner
Number of Staff: 4
Business Sale Asking Price:
£50,000
Business For Sale BB5157- A Wonderful Yet Busy Unisex Hair Salon Business For Sale In South East London
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
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