Business
Please quote reference B07894

CoGoGo are delighted to welcome to the market a well respected business opportunity in Oxfordshire.

This well established hair and beauty business was founded by our clients in 2018, building up an excellent reputation and regular customer base. As seen by the online ratings and reviews, the business is extremely popular within the local area. 

It has now come to the open market due to our clients wish to move on. 

This is a family owned unisex hair and beauty salon, specialising in a wide range of services and treatments. They also retail a great selection of hair products. The business also has an online booking system, allowing clients the opportunity book and reserve appointments and treatments. They also have a registered customers database of circa 4,000 people. 

Key selling points –

• Well known
• Excellent trading location
• Loyal clientele
• Handover period available
• Trained staff in place
• 5 Star google reviews

Scope for further growth –

• Extend trading hours
• Increase advertising and marketing

Location
This hair and beauty salon is located in Oxfordshire.

Due to its location, it receives regular levels of footfall and passing trade. There is ample parking within the area.

Premises
Well presented and designed hair and beauty salon with 8 stations and a beauty room. 

2 Backwash stations

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 2 year rolling lease agreement. The rent is £20,000 per annum. 

Hours
The business is currently trading 5 days a week, with scope to expand. 

Staff
We are advised that the business has 7 members of staff. 

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £270,000. Further financials can be made available upon request.