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CONFIDENTIAL SALE
FOR SALE
07/03/24
607922
GO2650 / Rightbiz
Hair, Beauty, Nails & Tanning Business
Turnover circa: £120k
Net Profit circa: £59k
On offer is an established hair salon with a legacy of a few decades from the current owners, offering exceptional hair and beauty services business within the midlands. The business has been operated by the vendor since inception and is now made available to either a new owner/operator or an existing operator looking to expand.
The business is currently operating 2 full days and 2 half days per week, offering scope for increasing trade for an incoming operator.
THE OPPORTUNITY
Proven Success: Walk into a business with a solid foundation, with a proven track record of success since inception, and in this time, has built up a loyal, repeat customer base. Our client is looking to sell the business along with the client book, offering a turnkey opportunity for an incoming owner.
Prime Location: The salon is located amongst a large residential area providing consistent local custom.
Excellent Growth Potential: The business already has a solid foundation to build upon with an excellent model to work from with the brand lending itself to being expanded into further locations throughout the UK.
Accommodation: The salon benefits from being fully equipped for an incoming operator with 5 x hair stations, 3 x hair washing bowls, a customer waiting area, 1 x private beauty room, 2 x nail bars, 1 x pedicure bar, 3 x tanning sunbeds, 1 x leg tanner room, kitchen, and storage.
The business will come fully furnished and equipped for an incoming operator to begin operating as a turnkey business, with fixtures/fittings included within the sale.
The premises benefits from LED low energy lighting and high-end quality fixture and fittings.
PRODUCTS
The business has ongoing relationships with suppliers and preferred terms for products used in the salon, all of which a new owner will benefit from as part of a handover agreement.
MARKETING
The business has limited marketing needs and enjoys ongoing referrals from new and existing clients.
MANAGEMENT AND EMPLOYEES
The business is managed by the vendor and 5 x part time staff members.
GROWTH OPPORTUNITIES
There is endless growth potential for an existing operator or someone looking to enter the market with an established brand and customer base with this well-established business:
· Expansion into new locations.
· Product diversification to include aesthetics.
· Enhanced digital marketing.
· Ecommerce platform upgrades for online bookings and to sell products.
· Introduce a training academy.
· Organise events and partner with local businesses.
FINANCIAL INFORMTAION
Detailed financial statements will be made available upon request.
PREMISES
The premises is made available by way of an assignment of the lease with current passing rent of £1000 per month.
FURTHER INFORMTAION
Don't miss out on this incredible opportunity to own and grow this unique business with an exceptional branding presence.
Further information is available by speaking with us and for more information please contact us.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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