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50-Year Legacy Ladies Hair Salon in Churwell, Leeds West Yorkshire for Sale

Leeds, West Yorkshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    17/02/24

  • Advert ID

    606907

  • Leasehold: £16,000
  • Rent: £8,100
  • Turnover: £52,000 (£1,000 Per week)
  • Net Profit: On request

Key Features

  • Accounts Available
  • Established Business
  • Prime Location
  • Retirement Sale
  • Small Business
  • New Lease
  • Fully Fitted

Business Details

Established Ladies Hair salon in Churwell Leeds

An established Small Ladies Hair salon in Leeds West Yorkshire is now up for sale. The business holds a significant legacy, having operated successfully for 50 years. This timeless establishment has been my pride and joy since its inception. 

The fixed sale price for the leasehold is set at £16,000 and the business currently has a healthy turnover of £52,000. The salon benefits from a high-visibility location on the bustling main road in a picturesque village, just within the vicinity of the football stadium on Elland Road. 

Despite the presence of other hair salons in the local area, competition isn't fierce. Each establishment, including ours, has its unique identity and clientele. Our salon particularly caters to a traditional, older customer base. This offers an excellent opportunity for a new owner to not only build on the existing loyal customer base but also introduce their own clientele to the business. 

These customers can enjoy the professional ambience of our salon, thanks to all the high-quality fixtures and fittings that are included in the sale. The motive behind this sale is my impending retirement. Currently, the salon operates limited hours from 9am to 3:30 pm for only 3.5 days in a week, presenting a substantial opportunity for future expansion.

At the moment, the business runs effectively with the joint efforts of myself and my partner. Moreover, there exists the potential to significantly increase the digital presence of the salon. To facilitate a smooth transition, we are willing to offer the new owners training opportunities.

Our long-standing clients have specifically expressed their desire for us to continue serving them till around September. We plan to honour their wishes and shall be glad to stay until then. For complete details about this business opportunity, I request interested buyers to please contact me directly.

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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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