Business
Please quote reference B07788

CoGoGo are pleased to bring to the market a highly rated hair, beauty and tanning salon in Essex. 

The business was founded in 2012 and has been under our clients ownership since 2020. As seen by the online ratings and reviews, the business has become extremely popular within the area, building up an excellent reputation and loyal client base. 

It has now come to the open market as our client is looking to pursue other business interests. 

This has been an established business in the area for 12 years with a happy and loyal customer base. Since our clients took over, they completely refurbished the unit and in addition to beauty, tanning, aesthetic and holistic treatments, one of our clients run a fabulous hair salon.

Services include –

• Aesthetic treatments
• Tanning
• Massage
• Reflexology
• Hot Stone massage
• Indian head massage
• Deep tissue sports or relaxation massage
• Facials
• Waxing
• Cutting & styling
• Colour and highlights
• Olaplex hair treatments

The sale of the business includes the company website and social media platforms. 

Key selling points –

• A well established business with an enviable reputation and many existing customers
• Current owners happy to offer a handover to ensure the continued success
• Ideal owner managed or partnership business
• All fixtures, fittings and equipment included in sale making this a real turnkey business opportunity

Scope for further growth –

• Extend trading days and hours
• Increase advertising and marketing
• Maximise the use of social media

Location
This hair, beauty and tanning salon is located in Essex.

Due to its location and trading position, the salon receives regular levels of footfall and passing trade. There is free parking within the area. 

Premises
The business occupies two floors. The premises is nicely presented and maintained and briefly comprises:

Ground floor –

• Reception area for clients
• Salon space
• 3 Hair stations
• 2 Backwash units
• 2 Lie down sunbeds
• Kitchen facilities
• WC

First floor –

• 3 Fully fitted and relaxing beauty rooms

Tenure
We are advised that the business is being sold on a Leasehold basis, with a new 5 year lease due to start in April 2024. The rent is £11,000 per annum, with a fixed rent review at April 2026 to £12,000 per annum. 

Hours
The current trading hours are –

Monday – Closed

Tuesday – 09:30 – 17:00

Wednesday – 09:30 – 18:00

Thursday – 09:30 – 20:00

Friday – 09:30 – 18:00

Saturday – 09:30 – 16:00

Sunday – Closed

Staff
We are advised that the business is run and managed by both owners, with the help of 1 full-time and 1 part-time members of staff. 

Financial Profile
Further financials can be made available upon request.