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Hair & Beauty Salon

£20 000  
  • Form
    Sale established business
  • Activity:
    Running
  • Revenue (per month):
    £11 667
  • Cash Flow (per month):
    £9 333
  • Payback period (years):
    0.2
  • Established in:
    2013 (established 8)
  • Employees:
    5
  • Type
    Intermediary
GB779402
01.11.2018 at 13:36   

You can confirm information provided by the seller in this listing through:

Business description

Our client has priced the business for a quick sale, offering an unrivalled opportunity compared to other local salons available for sale on the market.
- £140 k+ Turnover / 70% GP

  • Business Features:
    • With tangible assets
  • Units:
    Operating business, Staff, Premises (buildings), Tangible assets, Intangible assets, Training and support

Geography and location

  • City:
  • Currently, over one hundred businesses occupy a shared space designed from the redevelopment of a 17 th century industrial site in the heart of the city home to artists, musicians, creative businesses, visitor, and educational attractions and with many places to eat, drink and socialise in close vicinity.

Transaction terms

  • Price:
    £20 000
  • Timeframe for the deal:
    Deal is possible until 31 December 2017   

Financial information

Monthly averages:

  • Cash Flow (per month):
    £9 333
  • Revenue (per month):
    £11 667
  • Additional investments required:
    Investments are not required
  • Debts to third parties:
    No debts

Ratio:

  • Price/Revenue:
    0.14x
  • Price/Profit (payback period):
    0.2x

Corporate issues

  • Legal form:
    Individual entrepreneur
  • Number of owners:
    1
  • Share for sale:
    Entire
  • Reason for selling:
    Miscellaneous
  • Further comments on the reason for selling:
    Management is seeking a buyer due to a change of career, and has priced the business to sell quickly, with a target sale before the end of 2017.

Staff

  • Number of employees:
    5
  • Additional information on employees:
    5 including owner and one self-employed stylist.

Characteristics of the premises

  • Type:
    Premises
  • Title deeds:
    Rented  from a legal entity (company)
  • Rent terms:
    Flexible.
  • Rent payments (per year):
    £201 600

Characteristics of tangible assets

  • Appraised value:
    £10 000
  • Tangible assets and working capital included in the asking price:
    • Equipment
    • Inventories
    • Furniture

Characteristics of intangible assets

  • Appraised value:
    (included in the asking price)
    £25 000
    • Customer database
    • Software

Training and support

  • Help and support that seller is ready to provide:
    • Training and consultations
    • Primary training
    • Training at the company

Additional information

  • Business growth potential:
    Huge potential for future growth of business, both through increased online and offline marketing & promotions, hiring of additional stylists, increased opening hours and a dedicated customer retention management program.
  • Working hours:
    09/5
  • Other important information:
    Business Strengths
    o Fantastic Cash Business, average sale of £40 and 70% gross profit
    o £140,000 per annum turnover with great future growth prospects
    o Established for over 4 years and run on 5-day week
    o Modern and contemporary environment finished to a very high spec
    o Strong customer database of high value clients with excellent retention
    o Excellent service & established reputation
    o Established and qualified training provider.

Contact the seller

Please be as specific as possible. The seller usually wants to know:
- How do you intend to purchase the business or asset?
- What is your time frame for the purchase?
- What is your experience?

Contact the seller

  • Type:
    Intermediary

Contact the seller

Please be as specific as possible. The seller usually wants to know:
- How do you intend to purchase the business or asset?
- What is your time frame for the purchase?
- What is your experience?

Contact the seller


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