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Profitable, Refurbished Vegan Salon in London's Westminster Up For Sale!

Undisclosed, London
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LIVING THE DREAM! Photo 1
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LIVING THE DREAM!LIVING THE DREAM!LIVING THE DREAM!LIVING THE DREAM!LIVING THE DREAM!LIVING THE DREAM!LIVING THE DREAM!
  • Status

    FOR SALE

  • Date Submitted:

    24/07/23

  • Advert ID

    517079

  • Leasehold: £29,950
  • Turnover: £240,000 (£4,615 Per week)
  • Net Profit: On request

Key Features

  • Adjacent to Multiple Retailers
  • Established Business
  • Attractive Business
  • Price Reduced
  • Fully Fitted
  • Prime Location

Business Details

LIVING THE DREAM!

Having undergone a major refurbishment in the last 2 months, our stunning salon is now positioned to become the top vegan and sustainable salon in Westminster. 

Partnering with the Ffor brand, we are now the flagship London store for there major brand. Backed by them for product range, marketing and brand identity our salon is setup for huge success in the future.

We currently employ 1 Operations Manager, 5 Artistic Director stylists and 1 salon assistant. We also rent chairs to 3 self employed Artistic Director level stylists, our beauty room is currently rented to a fully qualified beauty therapist for £700 per month and our nail bar is rented to a nail technician for another £700 per month. All of which bring in substantial revenue to the salon.

We are ideally placed in the affluent west end of London and we incur substantial footfall past the salon on a daily basis.

There is true scope for this salon to be one of the best in london with the right backing and commitment. We have refurbished this salon from top to bottom and it is now a turn key investment for any true entrepreneur looking to take on there next business or for someone looking to start there first venture.

  • You can sWeee from the photos that no expense has been spared and our salon looks stunning. 

Our current turnover is £240,000 per year which is increasing week by week now we are open and trading. We forcast that our annual sales will increase to £340,000 per annum within the first 6 months of trading. The longer we are established in the area the higher our turnover will increase.

Our near term plan is to rent more chairs to more talented stylists in the industry therefore immediately increasing revenue. 

We have designed and produced a brand new  website for the salon which will form part of the sale. This was done at the cost of £5k and has a fully integrated booking system built in. We only take online bookings with 50% deposit paid to minimise cancellations that affect our bottom line.

Our social media channels with over 4000 followers will also be included in the sale.

The owner of the salon is selling due to time restrictions and other business interests. This is a genuine sale.

We will need to see proof of funds before any further information is released.

If you require further information please message directly and we will get back to you asap. DO NOT CONTACT THE SALON DIRECTLY.

THIS IS A CONFIDENTIAL SALE - PLEASE DO NOT APPROACH THE SALON UNDER ANY CIRCUMSTANCES.

  • We will not accpet defferred payment plans
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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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