Inverurie-based Bajolo beauty spa has been bought over by former employee Vikki Mcintee in a deal funded by Clydesdale Bank.
The 25-year-old beauty manager from Turriff purchased the business from Wendy Lobban who founded the salon in 2002.
Funding for the buyout was provided by Clydesdale Bank in a deal facilitated by Business Development Manager Mark Lagan though the Bank’s Business Direct team.
Vikki first started working at Bajolo seven years ago as a part-time assistant and worked her way up to her role as a full-time therapist. After two years at another salon, she has returned to the company as its owner.
The company offers a range of beauty treatments including waxing, nails, facials, tanning and make-up.
Explaining her plans for the business, Vikki said: “All of the staff at Bajolo are real professionals, so I’m looking forward to working with them all again. We will continue to offer the same treatment options to our customers, making the most of the expertise within the business.
“Bajolo is already successful and well-regarded locally, so customers shouldn’t notice any big changes in the short term. However, in the not-too-distant future, I’d like to refurbish the premises to give it a fresh lease of life.
“When I started my career at the salon, I never thought I would own it one day. I always wanted to run my own business, but I didn’t think it would happen so soon.
“The opportunity to purchase Bajolo came up and Clydesdale Bank were very supportive in helping me get the funds together to seal the deal. Their advice throughout the process has been invaluable.”
Mark Lagan, Business Development Manager at Clydesdale Bank, said: “It’s great to see young entrepreneurs like Vikki make the leap from employee to owner. Bajolo has a good reputation locally and under Vikki’s leadership, that should only develop.
“Clydesdale Bank is proud to support those entering business for the first time. We look forward to continuing to work with Vikki as she takes the company forward.”
Business Direct offers free business banking for 25 months to start ups and established small businesses with a turnover of under £2 million who switch to Clydesdale Bank. See www.cbonline.co.uk or contact your local branch.
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