***Flat is tenanted***
CoGoGo are delighted to welcome to the market Classic Cuts, a highly rated unisex hair salon in Brownhills.
Classic Cuts was founded by our client in 1990, building up an excellent reputation and very loyal customer base. As seen by the online ratings and reviews on Google, the hair salon is extremely popular.
Our client then moved the business to the current location in 2016.
Classic Cuts is a small family business with a very friendly relaxed atmosphere. This unisex salon caters for all, including toddlers. The business prides itself on being very fashion forward and specialises in cutting, colouring and styling including prom hair styles.
All fixtures, fittings and equipment used to run the business will be included in the sale.
Key selling points -
A well established business with an enviable reputation and many regular customers
Prime trading position with loads of footfall along with passing trade
Current owner happy to offer a handover to ensure the continued success
Immediate rental income from the tenant in the flat above
Ideal owner managed or partnership business
A real opportunity to increase turnover and profits significantly, current owner is running at a pace to suit due to poor health.
Scope for further growth -
Advertising and Marketing campaign
Maximise the use of social media
Website ideally with gallery and online booking system
Introduce beauty services, perhaps nails, lashes & brows
Extend the opening hours
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £84,000. Further financials can be made available upon request.