Retail premises for sale in Coatbridge, Scotland, United Kingdom ML5

Business
Please quote reference B08119

CoGoGo are thrilled to be managing the sale of Hack Men's Grooming in Coatbridge, Scotland.

Hack Men's Grooming, a highly profitable and award-winning barbershop located in the vibrant town of Coatbridge, Scotland. Known for its outstanding services in men's grooming, this barbershop offers a wide array of services, including men's cuts, hot towel shaves, and children's cuts.

Having achieved the prestigious title of Scotland's Best Barber Shop in 2022, Hack Men's Grooming boasts an impressive reputation with over 1,000 5-star reviews from satisfied clients.

Hack Men's Grooming comes fully equipped with high-quality barbering chairs, mirrors, shelving, bespoke lighting, and a reliable back wash system. The comprehensive array of equipment ensures that the business can continue to deliver top-notch services to its clientele without any disruption. This ready-to-operate setup allows for a seamless transition for the new owner, enabling immediate operation and revenue generation.

Our client is open to renting a chair from the new owner, providing additional flexibility and income potential.

Growth opportunities for Hack Men's Grooming are abundant. Expanding marketing efforts through social media and local advertising can attract even more customers. Introducing new services such as beard grooming, facial treatments, or hair colouring could diversify the service offering and increase revenue. Additionally, utilizing the first-floor space for workshops, events, or partnerships with other beauty professionals can further enhance the business's profile and profitability.

Take advantage of this unique opportunity to own a thriving and reputable barbershop in Coatbridge, Scotland. Hack Men's Grooming is not only a well-established business with a loyal customer base but also a venture with significant growth potential, ready to be taken to new heights by its next owner.

Location
Situated in a busy area, the business enjoys a constant stream of customers and presents ample opportunities for growth.

Premises
The ground floor of Hack Men's Grooming is a modern and stylish barbershop, featuring four well-equipped barbering stations and two back wash systems. The space is designed with bespoke lighting and decorations, creating an inviting and contemporary atmosphere for clients. This meticulously designed area ensures that both barbers and customers have a comfortable and enjoyable experience, setting the stage for high-quality grooming services.

On the first floor, you will find a three-piece bathroom and a large room adorned with a full wall mirror and spotlights. This versatile space offers significant potential for rental income or expansion of services. Whether used for additional grooming stations, a beauty salon, or a private rental, this floor adds considerable value to the business, enhancing its growth prospects.

Tenure
This opportunity is being sold on a Leasehold basis with a 10 year rolling lease in place.

The current rent is £220 per week.

Hours
The current operating hours are:

Monday to Thursday - 8:30am to 3:00pm & 2:30pm to 8:00pm

Saturday & Sunday - Closed

Staff
The business is run and managed by our client.

Financial Profile
This business generated a turnover of £60,000. Full financials can be made available upon further request.