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Award Winning, Iconic Freehold Salon With 40+ Years Of Success For Sale

Cleethorpes, Lincolnshire, UK
Asking Price:
£350,000
Turnover:
£327,534
Net Profit:
Undisclosed

CoGoGo are delighted to bring to market one of Cleethorpe's most established and respected hair salon businesses, a true local institution that has been successfully run by the same family for over 40 years. Opportunities of this calibre and heritage are exceptionally rare, and the business is only available due to the owner's retirement.

This award-winning boutique salon enjoys an outstanding reputation, loyal client base and strong online presence, making it an ideal opportunity for an owner-operator, expanding salon group or investor seeking both lifestyle and income.

The Cutting Club has evolved with the times while retaining its charm and professionalism. The business actively embraces online marketing, social media and digital booking systems, ensuring continued visibility and customer engagement.

Over 2,000 Facebook followers
Excellent 4.8/5 customer review rating
Strong repeat clientele and consistent demand
Services range from consultations and precision cuts to colouring and full redesigns.

The salon's ethos is centred around creativity, nurturing talent and exceptional client care, making it one of Lincolnshire's leading hair destinations.

There is significant potential to expand by introducing a complementary beauty, aesthetics or treatment offering, with ample space available on both the ground and first floors.

In addition, the property includes multiple self-contained residential/office units, currently generating rental income. We believe rents are below current market levels, presenting an immediate opportunity to increase returns.

Freehold salon and investment opportunities of this size, reputation and location seldom come to market. With decades of goodwill, multiple income streams and clear avenues for growth, this is a standout opportunity not to be missed.

Early viewing is highly recommended to avoid disappointment.

Financial Profile

As of the 2024 accounts the salon enjoyed a Turnover of £327,534 and net profit in the region £106,000. Further financials will be available upon request.

Property Information

Property:

Freehold

Location:

The salon occupies a highly prominent position on Grimsby Road, surrounded by complementary independent retailers and benefitting from strong passing footfall.

Just two streets from Cleethorpes beach
Close to school, leisure facilities and town amenities
Near Grimsby Town Football Club
Positioned between New Clee and Cleethorpes train stations
On-street and nearby parking available

Cleethorpes remains a popular and vibrant seaside town, attracting both local and tourist trade year-round.

Premises Details:

Ground Floor - Approx. 1,300 sq ft. of Salon Space

Central reception with storage & computerised booking system
Retail display and waiting area
14 styling stations (7 per side)
3 backwash units, hood dryers and extensive storage
Colouring room, staff room & kitchen
Customer/staff WC
Self-contained 1-bedroom flat (side access)

First Floor

Large 2-bedroom flat/ office space with kitchen & family bathroom
Separate 1-bedroom self-contained flat with its own access

Business Operation

Trading hours:

Monday –

Closed

Tuesday – Thursday -

8.30 to 17.30

Friday –

8.30 – 18.30

Saturday –

8.30 – 17.00

Sunday -

Closed

Employees:
The business employs:A full-time Manager4 x full-time stylistsPart-time stylists and consultants