Turnover: circa £68k
Net Profit: circa £36k
The opportunity is a well-established barber shop with a legacy of 10 years.
The business has a loyal, repeat customer base, offering an opportunity for an incoming operator to earn consistent income from day one.
The store has been fitted out to an extremely high standard and is located on a busy parade of shops, offering excellent walk-in opportunities alongside an online booking system. The business has a unique offer of branded products, which sets it apart from competitors and boosts brand awareness.
THE OPPORTUNITY:
Proven Success: Walk into a business with a solid foundation, with a proven track record of success over the 10 years since it was established, and in this time has built up a loyal, repeat customer base of 1850 customers.
Our client is taking a step back from the industry to focus on other opportunities; therefore, the business is available with a client book, making this an attractive turnkey business for a new operator.
LOCATION:
Prime Location: The salon is on a very busy parade of shops, nestled in the residential area of Pedmore, Stourbridge, which is central to many other surrounding residential areas and just off the A4036, which is a main commuter belt for surrounding areas.
EXCELLENT GROWTH POTENTIAL:
The business operates through phone, email and an online booking platform through a dedicated, high-quality and user-friendly website. The brand lends itself well for additional locations throughout the UK, utilising the established local presence of Springboard.
The shop has been fitted out to an extremely high standard, with 3 x barber chairs installed and scope to increase capacity to 5 x barber chairs, which is included in the sale (3 available as spares) to allow for 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 high-quality look and feel of the premises include 3 x barber workstations installed, 3 x additional spare barber chairs included, mirrors, bespoke countertops and workbenches, customer sofas, customized/branded hair products, etc.
The shop has a garage to the rear, a kitchen, a toilet, and a back-room office. There is a reception desk and customer seating with the potential to expand, as mentioned.
The shop has been fitted out to an extremely high standard and offers an incoming operator the benefit of the use of high-quality chairs and accompanying equipment, along with CCTV.
The business benefits from low-energy LED lighting throughout that has been installed to keep costs down. A new lease will be made available to an incoming operator at £750 pcm, 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 also benefits from a page on Instagram (400 followers) and Facebook (1300 followers) to boost public awareness of the salon, along with many 5-star reviews on the social media pages and 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
• Increase workstations to 5/6
• Product diversification
• Enhanced digital marketing
• Introduce a training academy
• Expand the 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.
