Hair Barbers:
Turnover: circa £22,000; operating 3 days per week
Net Profit: circa £13,000
The opportunity is a well-established barbershop with a legacy of 22 years. The business has a loyal, repeat customer base, offering an opportunity for an incoming operator to earn a consistent income from day one.
The store has been fitted 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, 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 were to be increased to 5 days a week, 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 fitted out to a high standard with two barber chairs installed and currently, one of the chairs is rented out for the other 3 days a week. 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.
PREMISES:
The main shop parade location lends itself well to passing trade. The well-branded look and feel of the premises include three 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 are on a 3-month rolling contract at £5000 per annum, and the premises attract 100% business rate 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 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.
· 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 the line of branded hair products and introduce e-commerce sales.
FURTHER INFORMATION:
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; for more information, please contact us.
