Top-Rated, Double Fronted Salon in Cleethorpes Lincolnshire for Sale, Established 40 Years Ago
Cleethorpes, Lincolnshire
- Status
UNDER OFFER
- Advert ID
263040
- Reference
B05906 / Rightbiz
- Call Agent:
- Freehold: £350,000
- Turnover: £327,534 (£6,299 per week)
- Profit: £106,486 (33% Profit margin)
Business Details
Award Winning, Iconic Freehold Salon with 40+ Years of Success
BusinessPlease quote reference B05906
CoGoGo are delighted to bring to market one of Cleethorpe's most established and respected hair salon businesses, a true local institution that has been successfully run by the same family for over 40 years. Opportunities of this calibre and heritage are exceptionally rare, and the business is only available due to the owner's retirement.
This award-winning boutique salon enjoys an outstanding reputation, loyal client base and strong online presence, making it an ideal opportunity for an owner-operator, expanding salon group or investor seeking both lifestyle and income.
The Cutting Club has evolved with the times while retaining its charm and professionalism. The business actively embraces online marketing, social media and digital booking systems, ensuring continued visibility and customer engagement.
- Over 2,000 Facebook followers
- Excellent 4.8/5 customer review rating
- Strong repeat clientele and consistent demand
- Services range from consultations and precision cuts to colouring and full redesigns.
There is significant potential to expand by introducing a complementary beauty, aesthetics or treatment offering, with ample space available on both the ground and first floors.
In addition, the property includes multiple self-contained residential/office units, currently generating rental income. We believe rents are below current market levels, presenting an immediate opportunity to increase returns.
Freehold salon and investment opportunities of this size, reputation and location seldom come to market. With decades of goodwill, multiple income streams and clear avenues for growth, this is a standout opportunity not to be missed.
Early viewing is highly recommended to avoid disappointment.
Location
The salon occupies a highly prominent position on Grimsby Road, surrounded by complementary independent retailers and benefitting from strong passing footfall.
- Just two streets from Cleethorpes beach
- Close to school, leisure facilities and town amenities
- Near Grimsby Town Football Club
- Positioned between New Clee and Cleethorpes train stations
- On-street and nearby parking available
Premises
Ground Floor - Approx. 1,300 sq ft. of Salon Space
- Central reception with storage & computerised booking system
- Retail display and waiting area
- 14 styling stations (7 per side)
- 3 backwash units, hood dryers and extensive storage
- Colouring room, staff room & kitchen
- Customer/staff WC
- Self-contained 1-bedroom flat (side access)
First Floor
- Large 2-bedroom flat/ office space with kitchen & family bathroom
- Separate 1-bedroom self-contained flat with its own access
Tenure
The lease terms are to be confirmed with the freeholder.
The freehold is available for £129,995.
Hours
Monday – Closed
Tuesday – Thursday - 8.30 to 17.30
Friday – 8.30 – 18.30
Saturday – 8.30 – 17.00
Sunday - Closed
Staff
The business employs:
- A full-time Manager
- 4 x full-time stylists
- Part-time stylists and consultants
Financial Profile
As of the 2024 accounts the salon enjoyed a Turnover of £327,534 and net profit in the region £106,000. Further financials will be available upon request.
Please quote reference B05906
Contact Agent
Listing Statistics
Advert Statistics Graph
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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