Selling your beauty salon with Hilton Smythe
As one of the UK’s leading business brokers, we believe that selling a beauty salon should be stress-free, risk-free and a bit of a breeze, that’s why we make it simple, hassle-free and flexible to suit you.
We use proven, highly effective, focused traditional and digital marketing methods to promote your business to the right potential buyers. Our bespoke software system matches your business to tens of thousands of active registered buyers at every opportunity alerting them to your business. All enquiries are handled by your appointed Sales Negotiator and viewings can be arranged at a convenient time to suit you. Our highly trained, specialised Sales Progression Team will see your sale through to legal completion as quickly and as pain-free as possible.
We also have our own independent finance company, Hilton Smythe Finance, to help buyers finance the purchase of your business.
You’ve been beautifying clients in your salon or spa for years, but the time has come to move on to pastures new
Beauticians work really hard to build their business and clientele, so it’s undoubtedly a very difficult decision to decide to sell up. But sometimes life gets in the way of business – so if you need to sell your beauty salon fast, Hilton Smythe is on hand to help.
Freehold or leasehold business
Before you decide to sell the business you’ve worked so hard to build, it may be worth considering your exit plan options. Beauty salons are often full of self-employed nail technicians, make-up artists and brow specialists – and one of them may be interested in taking over the business. Could you assign your lease to a new tenant who you can recommend?
If you own the commercial property or have the freehold, then you have the option of renting out the premises yourself. However, it may be more profitable to open up the entire business to investors.
Know your worth
Beauty is big business, and your salon can make a pretty penny making people beautiful. Don’t be put off by people who devalue your business – just take it from the experts! We can arrange a free business valuation for you if you’re thinking about selling a beauty salon. This takes into account annual turnover, revenue potential and assets including in the sale.
As a beauty salon owner you’ll likely have lots of equipment and assets to sell to the new owner. For someone starting out in the beauty business, it’s far better to walk into a premises with all the fixtures and fittings, and everything they need to open up straight away, rather than renovate a property. Don’t underestimate the pulling power of a local readymade clientele, either.
Ready for a new start?
Whatever your reasons for selling a business, you may be thinking about your next career move. Do you want to stay in the beauty industry and open up a new salon somewhere else? Or perhaps you want a fresh start and you’re looking to invest in a totally different sector. If buying another business is on the agenda, we can point you in the right direction.
Health reasons, family emergencies, retirement and relocating are popular reasons for selling a business. Whatever your reason is, we can connect you with serious buyers and make sure you get the best price for your spa or beauty salon. We’ve sold hundreds of salons across the UK, so you can trust the UK’s leading business broker with your business sale.
Click here to find out more about selling your business and where we advertise your business.