Business
Please quote reference B07777

CoGoGo welcomes to the market a well respected Hair Salon in the West Midlands. 

The business was founded by the current owner over 20 years ago and has been a real labour of love accruing many regular customers and a fantastic reputation for customer care, professionalism and pricing. The business has been recognised as being one of the leading independent salons in the area.

This has now come to the open market due to our clients wish for a change of direction. 

Each team member in the business works to ensure that their clients experience fantastic hairdressing combined with exceptional customer service. The business specialises in colour and its staff have studied with some of the UK’s leading colour experts.

The business is also award winning.

The salon offers a range of hair services including –

• Cut and Blow Dry
• Blow Dry
• Cleanse and reshape
• Cleanse and restyle
• Cleanse and finish
• Hair Colouring
• Premium Colours
• Event Hair
• Bridal and Hair-up session styling
• Specialty Treatments
• Men’s hair cuts and cleanses
• Junior cuts, reshapes and cleanses

Additionally, the business retail a range of hair products through its in-salon shop and via its e-commerce website.

The sale will include the company website and social media platforms and the business enjoys great visibility online with impressive reviews. 

Key selling points – 

• A well established business with an enviable Reputation and many existing customers (database of over 2000)
• Current owner happy to offer a handover to ensure the continued success of the business
• Ideal owner run or partnership business
• Low running costs with inexpensive rent and no business rates
• Prime trading position with little or no competition

Scope for further growth –

• Increase advertising and marketing
• Maximise the use of social media
• Introduce other beauty treatments
• Expand the product range

Location
The Hair Salon is located in West Midlands. 

The business has eye catching signage and due to it’s location, it receive high levels of footfall and passing trade. 

There are a couple of parking spaces to the front along with a car park behind the premises.

Premises
The business occupies the ground floor on a corner unit and is well presented and maintained.

Salon area –

• Generous salon space with a reception desk, 6 hair stations, 2 backwash areas. Mounted TV units and a freestanding unit displaying their product range.

Kitchen –

• With a range of base and wall units, sink, space for fridge.

WC – 

• Toilet and hand wash basin facilities.

Storage room –

• Useful area. 

Tenure
We are advised that this is being sold on a Leasehold basis, with the the landlord would be happy to negotiate a mutually acceptable lease with a new owner. 

The current 5 year lease is due to expire in 2025, with that rent at £6,500 per annum. 

Hours
The current trading hours are –

Monday – Closed

Tuesday – 9:00am – 4:00pm

Wednesday to Friday – 9:00am – 5:30pm

Saturday – 9:00am – 4:30pm

Sunday – Closed

Staff
We are advised that the business is run and managed by our client, with the help of 4 full-time stylists. 

Financial Profile
Further financials can be made available upon request.