Two Reputable Turkish Barber Shops in Birmingham

Birmingham
REF: INT1754

Asking Price:
£80,000
Annual Turnover:
£208,000
Annual Net Profit:
TBC
Reduced
REF: INT1754
Photo of Two Reputable Turkish Barber Shops in Birmingham
Photo of Two Reputable Turkish Barber Shops in Birmingham
Photo of Two Reputable Turkish Barber Shops in Birmingham
Photo of Two Reputable Turkish Barber Shops in Birmingham

Overview

Tenure:
Leasehold
Established:
2019
  • Excellent Reputation
  • Very Loyal Customer Base
  • Recently Refurbished
  • Equipment Included

This is a unique opportunity to acquire two reputable Turkish barber shops, which both provide a selection of high-quality services. One of the shops is located in Rubery (taking £2,500 per week), with the other in Longbridge (taking £1,500 per week), both of which are based in the Birmingham area.

The Rubery branch opened in 2019 and the Longbridge shop opened shortly after in 2020. Both barber shops have operated successfully since their creation, whilst also gaining a loyal customer base and an excellent reputation in the local community.

The two locations can either be purchased together or separately, with the Rubery branch valued at £50,000 and the Longbridge branch valued at £30,000.

Both shops offer a wide variety of premium services, including skinfades, haircuts, hair colouring, facials, and much more. There are two barbers working at each barber shop, although they both have the capacity for a larger team.

Their large, repeat clientele is currently comprised of locals and regulars. The company’s brilliant reputation is further enforced by the many highly positive reviews, that the business has amassed online.

With huge potential for growth and all equipment included, this thriving business would be the perfect opportunity for a trained gentlemen’s barber, looking to expand significantly.

The first branch is located in Rubery, which is a highly popular destination, with a large volume of people from the nearby suburbs travelling to the town for shopping. Based on the high street, there is plenty of passing trade. Inside, there are five hair stations. The property benefits from free parking at the front, and two-hour free parking at the rear. There are both kitchen and toilet facilities. There is a ten-year lease, expiring in 2029, with rent of £17,200 p.a.

The second branch is located in Longbridge on a parade of shops, with plenty of free parking nearby. Inside, there are five hair stations, as well as a waiting area. There is a kitchen, toilet, and utility room. The property is fitted out with internal electric shutters, CCTV, and fire alarms. Near Longbridge, a large number of houses are also being constructed. For lease details, please check the Location section.

The current owner has spent £80,000 refurbishing both branches.

This brilliant business would be the perfect opportunity for a trained gentlemen’s barber, who is looking to acquire two successful barber shops.

There is huge potential for growth with this business, as there is a massive opportunity to hire extra staff at both barber shops, so all five hair stations can be used.

The company already has an easy-to-use website and two popular Facebook pages (for the different branches). These platforms act as an excellent sales window. It would be beneficial for the new owner to continue utilising and optimising these online channels.

The current owner is happy to offer an initial transitional period.

Features

Online Presence

  • Facebook: Yes

Website: www.jjs-authentic-turkish-barbers-longbridge.business.site/

Location

  • Residential Location
  • High Street Location
  • High Footfall
  • On-Site Car Parking
  • Limited Competition

Property

Annual Rent
£13,200
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2028
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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