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Family-Run Hair & Beauty Salon with 10-Year Trading History for Sale in City of London

City of London, London
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Family Run Hair & Beauty Salon For SaleFamily Run Hair & Beauty Salon For SaleFamily Run Hair & Beauty Salon For SaleFamily Run Hair & Beauty Salon For SaleFamily Run Hair & Beauty Salon For SaleFamily Run Hair & Beauty Salon For SaleFamily Run Hair & Beauty Salon For SaleFamily Run Hair & Beauty Salon For Sale
  • Status

    FOR SALE

  • Date Submitted:

    27/11/23

  • Advert ID

    603175

  • Reference

    B07688 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £135,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Family Run Hair & Beauty Salon For Sale

Business
Please quote reference B07688

CoGoGo are delighted to welcome to the market Sphere Hair & Beauty, a highly rated and well established Salon based in London.

Our client first established the business in 2008, since then it has built up an excellent reputation during its many years of trading.

This business is now being sold, albeit reluctantly and with a heavy heart only due to our client wanting to retire.

Sphere Hair & Beauty salon is extremley well established with over 10 years trading history, the business offers Gents cuts, Womens hair cuts and offers a range of beauty products and services.

Key Selling Points:

  • Outstanding reviews
  • Extremely well established
  • Repeat custom
  • Handover period offered
Scope for Expansion:

  • Increase trading hours
  • Advertise further afield
  • Implement an online booking system
The business sale will also include:

  • Mirrors
  • Chairs
  • Beauty bed
  • Storage and display stands
  • Shelving
  • Counter
  • Til system


Location
The business is based on Finchley Rd, London.



Premises
The business is beautifully designed with modern décor throughout, renovated to a very high standard with bespoke lighting and new equipment.

The business is comprised of the following:

  • 9 hair stations
  • 2 backwashes
  • Beauty room
  • 2 nail stations
  • Storage and kitchen area
  • WC
 The premises also benefits from having large bespoke signage on the front of the salon.



Tenure
We are advised the business is being sold on a Leasehold basis, a new Lease is to be offered to a new buyer.



Hours
The business trading hours are:

Monday - Closed

Tuesday to Saturday - 09:00am to 17:30pm

Sunday - Closed



Staff
The business is run and managed by our client and their family.



Financial Profile
Financial information can be made available upon request.

Please quote reference B07688

 



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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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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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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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