CoGoGo are pleased to have been given the opportunity to manage the sale of a well-established Hair Salon business with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular and profitable local business in an area teeming with customers.
Our clients have advised that the currently rent out 3 rooms to the beauty business, who have their own clientbase.
The business was founded by the current owners in 2008 and the business has been a real labour of love for them. Under their ownership the business has accrued an impressive number of regular customers and a burgeoning reputation. Many of the customers are known on a first name basis by the current owners who are popular and well respected members of the local community.
This great little business is now being sold, albeit reluctantly and with a heavy heart only due to the owners wishes to pursue a change of direction, they are keen to see their beloved hair salon pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.
The business offers a wide range of hair treatmentsin a relaxed and friendly environment. The business prides itself on its range of services and treatments and provides friendly advice on everything required to keep their customers looking young and beautiful. Services include;
Ladies and Gents haircuts and styling
Cut and blow dry
Balayage
Wedding, Evening Hair Up and Prom Hair
Hair Colouring
Colour Correction
Woven Full and half head
Swedish/ Deep Tissue
Aromatherapy
Reflexology/ Feet / Face / Hands/ Ears
Pregnancy Massage
Hot Stone Massage
The sale will include the company website and Facebook page and the business enjoys great visibility on the internet.
Scope to Improve;
Advertising and marketing campaign
Update the existing website perhaps adding an online booking facility
Maximise the use of social media particularly Twitter and Instagram
Extend the opening hours
Explore online voucher discounters such as Wowcher and Groupon
Reasons to buy;
Very rarely do businesses of this calibre come to the open market so early enquiry is highly recommended.
This lovely little business is likely to attract considerable interest.
Financial Profile
We are advised as per the 2020 accounts, the business generated a turnover in the region of £138,000, with an adjusted net profit in the region of £77,000. Full financials can be made available upon further request.