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Gorgeous Hair Salon in Prime Newton Mearns Spot for Sale - Rare Investment with Growth Potential

Newton Mearns, East Renfrewshire
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Beautifully presented hair salon located within prime trading location Photo 1
Beautifully presented hair salon located within prime trading location Photo 2
Beautifully presented hair salon located within prime trading location Photo 3
Beautifully presented hair salon located within prime trading location Photo 4
Beautifully presented hair salon located within prime trading location Photo 5
Beautifully presented hair salon located within prime trading location Photo 6
Beautifully presented hair salon located within prime trading location Photo 7
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Beautifully presented hair salon located within prime trading locationBeautifully presented hair salon located within prime trading locationBeautifully presented hair salon located within prime trading locationBeautifully presented hair salon located within prime trading locationBeautifully presented hair salon located within prime trading locationBeautifully presented hair salon located within prime trading locationBeautifully presented hair salon located within prime trading location
  • Status

    FOR SALE

  • Date Submitted:

    31/05/23

  • Advert ID

    514049

  • Reference

    Divine443 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £49,000 (Stock at valuation)
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Prime Location
  • Town Centre location
  • High Turnover
  • With Car Park
  • Accounts Available
  • Adjacent to Multiple Retailers
  • Fully Fitted

Business Details

Beautifully presented hair salon located within prime trading location

Beautifully presented hair salon located within prime trading location. Long established businesses positioned in the prosperous suburban town of Newton Mearns, south of Glasgow. Long established business with a large amount of loyal and repeat customers. Highly experienced team of stylists and manager in place. Fully refurbished shop. Good on street car parking with large carpark to rear of shop. Exceptional trading with strong EBITDA. Rare opportunity to invest in a solid business within a highly desirable trading location. Retirement sale.

1 Broomburn Drive, Newton Mearns, East Renfrewshire. G77 5JQ. Scotland.

Scottish Business Centre is delighted to present a fantastic opportunity for aspiring entrepreneurs and established business owners alike – the sale of Divine Hair, a well-established and highly regarded hair salon in the prosperous suburb of Newton Mearns. Having served the community for decades, Divine Hair has built an excellent reputation and an extensive client base, making it an attractive proposition for those looking to invest in a thriving business. Location & Demographics: Newton Mearns, located just 9 miles southwest of Glasgow, is widely recognised as one of Scotland’s most desirable residential areas. The suburb boasts a high-quality trading location, with a prosperous demographic profile that includes a substantial number of affluent families and professionals. The salon’s prime location in the heart of this bustling community guarantees excellent footfall and a consistent flow of clientele.

Established Salon with a Loyal Client Base: Divine Hair has been a mainstay in the Newton Mearns community for decades. Known for its exceptional service, this salon has cultivated a loyal and diverse clientele, ensuring a steady source of income for the new owner. The salon’s longevity and reputation are testament to the quality of service and customer satisfaction that Divine Hair consistently delivers.

Growth & Expansion Opportunities: The hair & beauty sector is a vast industry with a wide range of opportunities for future growth. According to a report by the National Hair & Beauty Federation (2019), the hair and beauty industry in the UK was worth £7 billion, with approximately 43,000 salons and 250,000 employees. There was also a rising demand for beauty treatments and hairdressing services, with consumers becoming more aware of self-care and grooming. As the UK begins to recover from the pandemic and restrictions ease up, it is likely that the industry will bounce back to pre-pandemic levels. Salons like Divine Hair are well placed to take advantage of this increased demand.

There is considerable potential for further growth and expansion for the new owner of Divine Hair, as the salon enjoys a superb reputation within the Newton Mearns community. Potential growth avenues include extending the salon’s services to include beauty treatments, expanding marketing efforts to attract new clients, and exploring partnership opportunities with other local businesses. Additional areas of growth and expansion could be by focusing on increasing the businesses online presence, including through social media, and paid digital marketing campaigns. While trading at Divine Hair is healthy, with the large client base and customer loyalty built up by the vendor, new owners would have a tremendous opportunity to further build on income by considering various routes of growth.

Divine Hair represents a unique opportunity to acquire a well-established and highly regarded hair salon in the affluent Newton Mearns area. The salon’s excellent reputation, loyal client base, and prime location make it an attractive proposition for both first-time and experienced business owners. The sale of the Divine Hair offers an exciting opportunity for an entrepreneurial, individual or couple the chance to invest in this thriving business and continue its legacy of success.

For further information and to arrange a viewing, please contact Scottish Business Centre. We look forward to assisting you in the acquisition of this exceptional business opportunity. Our client has only now decided to offer the business for sale due to a wish to retire.

The purpose-built shop occupies a prominent and easily accessible position on Broomburn Drive within a pleasant shopping parade, ensuring excellent visibility and attracting passing trade. The ground floor premises have been well-maintained, featuring a contemporary design and an inviting atmosphere. The salon is fully equipped with state-of-the-art hairdressing facilities, including modern styling stations, comfortable seating, and ample storage space and basement. Road side car parking is available to the front of the shop with a large carpark located to the rear of the premises
.

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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.

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The data showed regarding this advert 'Beautifully presented hair salon located within prime trading location - Divine443 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.