Established Hair and Beauty Salon in London's Heart Seeking New Ownership
Undisclosed, London
- Status
FOR SALE
- Date Submitted:
24/11/23
- Advert ID
603070
- Leasehold: £18,000
- Rent: £11,400
- Turnover: On request
- Net Profit: On request
Key Features
- Accounts Available
- Established Business
- Offers Invited
- Prime Location
- Small Business
- Unique Business
- Potential for Alternative Use
- Close to Local Amenities
- Attractive Business
- New Lease
- Fully Fitted
- Company for Sale
Business Details
Hair and beauty salon for salon in the city of London
The business has been in operation for three years, though we moved to this premises two years ago. This operation is unique as it was initially started from my home after the pandemic. Having been a hairdresser for 20 years, I found myself inundated with clients and decided to establish a standalone business.
Although the business has grown, I consistently worked by myself and hence did not utilize its full potential. By only taking on one client at a time, my earnings were somewhat limited. However, the potential for growth is undeniable. If someone else takes over, the possibility to expand the client base by making changes to the layout or moving to a larger space is entirely achievable.
The sale of the business can include furniture and some machinery if required. I believe that my time with this business has been fulfilling and that this may be the right time to hand it over to a new owner who can take it to the next level.
Listing Statistics
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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.
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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