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Thriving Specialist Children’s Hair Salon Open To Offers For Sale

Leamington Spa, Warwickshire, UK
Asking Price:
£29,995
Turnover:
£28,600
Net Profit:
Undisclosed

*** Open to offers ***

CoGoGo are pleased to have been given the opportunity to manage the sale of Mopp Heads which is a well established Hair salon with a renowned reputation amongst local residents. This is a superb opportunity to take on a well known local business in an area teeming with customers.

Mopp Heads was founded by the current owner eight years ago when he identified a gap in the market and has been a real labour of love for him, accruing many regular customers and a burgeoning reputation.

The business is now being sold, albeit reluctantly and with a heavy heart only due to the owners wish to enjoy a well earned retirement. He is keen to see his beloved hair salon pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

Mopp Heads provides a specialist Children’s hair salon to clients throughout Leamington and the surrounding towns and villages. The business has an impressive number of regular customers, many of whom are known on a first name basis by the current owner who is a popular and well respected member of the local community.

The sale will include the company Facebook page and the business enjoys great visibility on the internet via websites such as, yell.com, beautynailhairsalons.com etc.

The business benefits from really great reviews online.

Scope to improve

Advertising and marketing campaign
Maximise the use of social media particularly Twitter and Instagram
Website, ideally with an online booking facility
Employ an additional stylist and apprentice
Extend the opening hours
Introduce children’s make over parties

Reasons to buy

A well established business with an enviable reputation and many existing customers
Low running costs with inexpensive rent and no business rates
Little or no competition locally
Current owner happy to offer a handover to ensure the continued success
Ideal owner managed or partnership business

CoGoGo highly advise early viewing to avoid disappointment

Financial Profile

Mopp Heads generates an advised current turnover of circa £30,000 per annum but it needs to be appreciated that the business is currently being run at a pace to suit.

Property Information

Property:

Leasehold

Location:

Mopp Heads is located in Leamington Spa.

Royal Leamington Spa is a beautiful and prosperous town and located in the heart of Warwickshire. With a population of around 50,000 the towns growth was largely due to the natural springs that were discovered and commercialised in the nineteenth century.

Wide boulevards, stunning architecture and award winning parks provide a sophisticated backdrop to this Regency town. Often described as ‘the best bits of London’, all in a ten minute walk, Leamington town centre combines a treasure trove of independent, specialist boutiques alongside High Street brands. With an impressive array of entertainment venues and restaurants plus some of the country’s best spas and salons this makes Leamington one of the most appealing towns in the UK.

Mopp Heads is situated just off the main shopping centre of the town and thus benefits from high levels of footfall and passing trade. The business is nicely presented and maintained with clear visible signage and distinctive livery. There is free on street parking close to the premises.

Premises Details:

Mopp Heads occupies the ground floor of an attractive, period style property and briefly comprises:

Salon

Windows and glazed door to front creating a light, airy and inviting interior, wood effect flooring, 2 hair stations each with chair mirror and electrical sockets etc, sofa for waiting customers, spotlighting.

Store Room

Useful store room offering potential to convert to a treatment room, tongue and groove wood panelling to ceiling.

Vestibule Area

Vinyl tile effect flooring, plumbing for washing machine.

Business Operation

Trading hours:

Monday Closed

Tuesday to Saturday 09.30 – 17.00

Sunday by appointment only

Employees:
The business is run and managed by our client.