Business
Please quote reference B07818

CoGoGo are delighted to welcome to the market The Hotspot, a highly rated Makeup Artist Studio in Newcastle Upon Tyne. 

The business was first established by our client in 2022, building up an excellent reputation and regular customer base which our client has been builidng since 2017. As seen by the online ratings and reviews, this opportunity has proven to very popular within the area. 

The Hotspot has now come to the open market due to our clients desire to relocate.

This popular makeup and beauty salon offers a range of services, from makeovers to makeup training, hairdressing and aesthetics and much more. 

The salon has seen huge expansion to cater for the forever growing clientele. At the Hotspot they focus on giving their clients an outstanding service from start to finish, they have the most professional and friendly staff to make you look and feel amazing.

Alongside creating flawless makeovers, they pride themselves on providing informative courses to those wanting to nurture their own artistry skills.

Equipment Included – 

• Mirrors
• Lighting
• Chairs
• Beauty Beds
• Website – with online booking
• Instgram (Hotspot.ncl – 43.9k Followers)
• Facebook (10k followers with 164, 4.8 out of 5 star reviews)

Location
The Hotspot is based in Ouseburn, City road, Newcastle Upon Tyne.

Premises
This beautifully designed salon with bespoke decoration and lighting consists of 6 stations in total plus beauty beds within a complex building.

Tenure
We are advised this business is being sold on a Leasehold Basis.

Hours
The current business hours are:

• Monday to Saturday – 9:00am to 6:00pm
• Sunday – 10:00am to 5:00pm

Staff
The Hotspot is currently run and managed by our client.

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £38,000. Full financials can be made available upon further request.