Hotspot Makeup Artist Studio in Newcastle upon Tyne for Sale, Owner Relocating
Newcastle upon Tyne, Tyne and Wear
- Status
FOR SALE
- Date Submitted:
12/02/24
- Advert ID
606621
- Reference
B07818 / Rightbiz
- Call Agent:
- Leasehold: £39,995
- Turnover: £38,766 (£746 Per week)
- Net Profit: Not Applicable
Business Details
Well Established Make Up Artist Studio For Sale
BusinessPlease 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.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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