CoGoGo are privileged to present to the market, Cleethorpes most well-established hair salon business. The award-winning boutique salon has been in our client’s family for over 40 years and is now only available for sale due to retirement.
The spacious FH business opportunity combines a modern hair salon to the ground floor with an option of 2-3 residential/office rental areas to the ground and first floor levels.
The thriving business embraces the need to involve both standard website advertising to all social media levels such as Instagram, Twitter & Facebook.
There are over 2,000 Facebook followers with an impressive 4.8/5 customer feedback score.
From hair consultations, simple cuts and subtle colouring to complete cutting-edge redesigns, they have created an environment that its passion, flair and artistic knowledge shines through.
There is scope to add a strong complementary Beauty side to the business and there is the space to do this on either the ground floor or first floor spaces.
The separate residential letting spaces create an additional rental income, however it is our opinion this could easily be increased as they are let on a much lower rent than currently achieved in the area.
The Cutting Club is all about nurturing talent, teaching values and supporting creativity.
With personal hair consultations, bespoke help and advice, it is easy to see why this salon business in one of Lincolnshire’s leading hair businesses.
Those knowing this very popular area will appreciate a Freehold salon and secondary investment opportunity of this size and location will rarely come onto the open market and we therefore strongly recommend early viewing to avoid disappointment.
Financial Profile
As of the 2023 accounts the salon enjoyed a Turnover of £325,000 and net profit in the region £100,000. Further financials will be available upon request.