18-Year Old Beauty Salon in Prime Crouch End London Location for Sale, Alternative Medical Use Possible
Crouch End, London
- Status
FOR SALE
- Date Submitted:
14/09/23
- Advert ID
599436
- Leasehold: £200,000
- Turnover: On request
- Net Profit: On request
Key Features
- Close to Local Amenities
- Attractive Business
- Large Business for Sale
- Potential for Alternative Use
- Fully Fitted
- Prime Location
Business Details
Established Beauty Salon Large property w Scope for Alternative use with Medical License
Located in the prime area of Crouch End, London is a well-established beauty salon that is up for sale. This business has been in operation for 18 years with myself as the original owner ever since its inception. The salon enjoys a prominent main road location close to the town centre, with public transportation facilities like a bus stop, Finsbury Park tube station, and Highgate stations minutes away.
This salon is offered for sale at a leasehold price of £200,000, with current turnover details available upon request. One aspect that gives it an edge is its unique position of having little to no competition in the immediate area. Over the past year, the salon has seen consistent growth, with turnover figures steadily rising.
Included in the sale are all the salon’s fixtures and fittings.
Beyond its current function, the property also holds significant potential for alternative use. The large space offers an obtainable medical license making it an ideal location for a dental or medical practice.
The decision to sell comes after a fruitful 27-year-long career in this industry, and I am eager to move on to new ventures. The salon operates six days a week, with opening hours from 9am - 7pm from Monday to Friday and 9am - 6pm on Saturday. The salon currently employs three staff members.
Despite its successful run, the salon has a rather limited online and social media presence. This presents an exciting opportunity for new owners to bring fresh ideas to the table and expand its reach.
We are also willing to offer training to the new owners post the sale. To get more details about this business, please contact me.
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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.
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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.
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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.
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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.
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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.
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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.'.
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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.
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