FOR SALE
24/01/24
605581
GO2441 / Rightbiz
Hair Barbers
Turnover: circa £22,000 – Operating 3 days per week
Net Profit: circa £13,000
The opportunity is a well-established barber shop with a legacy of 22 years. The business has a loyal, repeat customer base offering an opportunity for an incoming operator, a consistent income from day one. The store has been fit out to a high standard and is located on a busy high street parade of shops, offering excellent walk-in opportunities alongside an established customer base. The business offers men’s haircuts and beard trimming.
THE OPPORTUNITY
Proven Success: Walk into a business with a solid foundation, with a proven track record of success over the 22 years since it was established, and in this time has built up a loyal, repeat customer base. Our client is retiring therefore the business is available with a client book making this an attractive turnkey business for a new operator.
Prime Location: The salon is on a very busy high street parade of shops, on Sherrard Street, which is central to Melton Mowbray and is a main commuter road in and out of the town centre.
Excellent Growth Potential: The business operates through phone, email and walk in appointments and currently the owner is only working 3 days a week so if this was to be increased to 5-day working then this could significantly increase the turnover. The brand lends itself well for additional locations throughout the UK utilising the established local presence to springboard from. The shop has been fit out to a high standard with 2 x barber chairs installed and currently one of the chairs is rented out for the other 3-days a week and there is scope to increase capacity to allow for further directly employed or self-employed barbers to be introduced.
An experienced barber could use this business to grow into additional areas and introduce a training academy to boost the reach of the business.
PREMESIS
The main shop parade location lends itself well to passing trade. The well branded look and feel of the premises include 3 x barber workstations installed, mirrors, countertops and workbenches, customer chairs etc…
The business benefits from low energy LED lighting throughout that has been installed to keep costs down. The premises is on a 3 month rolling contract at £5000 per annum, and the premises attracts 100% business rates relief.
MARKETING
The business has limited marketing needs and enjoys ongoing referrals from new and existing clients. The business has been able to succeed without the use of social media to boost public awareness of the barbers, offering excellent growth opportunities for an incoming operator and currently has nearly 40 x 5-star reviews on google.
GROWTH OPPORTUNITIES
There is endless growth potential for an existing operator or someone looking to enter the market with an established brand and customer base with this well-established business:
· Expansion into new locations
· Introduce social media pages to boost awareness.
· Introduce a website with online booking capabilities.
· Increase workstations.
· Product diversification
· Enhanced digital marketing.
· Introduce a training academy.
· Expand line of branded hair products and introduce e-commerce sales.
FURTHER INFORMTAION
Don't miss out on this incredible opportunity to own and grow this unique business with an exceptional branding presence.
Further information is available by speaking with us and for more information please contact us.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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