Contemporary and Popular Barbershop in Staffordshire

Walsall, West Midlands
REF: S07677

Asking Price:
£24,995
Annual Turnover:
£50,000
Annual Net Profit:
£30,000
REF: S07677

Overview

Tenure:
Leasehold
Established:
2019
  • Loyal customer base
  • Huge growth opportunity
  • Well-equipped premises
  • Recently refurbished premises
  • Low overheads

New to the market is a contemporary barbershop in Brownhills West, Staffordshire.

Only established in 2019, the business has already amassed a significant roster of regular clients and over 100 excellent Google reviews, all gained through the owner’s 18 years of professional experience in the hair industry. Sunbed tanning is also offered as an additional treatment to compliment the hair services.

The salon offers a range of both traditional and modern barber techniques, alongside a selection of male grooming services. These are carried out by the business’s dedicated team, all of whom are fully qualified to UK NVQ standards and create a friendly, warm atmosphere within the salon each day. Clients of all ages are happily accommodated for, and services are offered through a mix of bookable appointments and walk-in slots.

The salon is situated on a busy road, receiving high footfall. It is found on the ground floor of a cream terraced building, with a recognisable sleek black and gold frontage. A matching hanging sign further projects the business’s brand to passing members of the public.

The interior is cosy yet modern and benefits from an impressive recent renovation, featuring dark walls, brick work illusion wall paper and stylish, copper mirrors. There are three rooms in total, one of which is used for tanning and consists of sunbeds. The other two rooms are used for the main barber services and contain two washbasin stations and multiple cutting/styling zones. There is the possibility of setting up another treatment room, should the buyer wish to expand the service offering.

All fixed assets, such as mirrors and chairs, are included in the sale. Unfortunately, a transitional period is not available with this sale.

This is fantastic opportunity to purchase a new yet highly reputable barbershop with an established regular client base, making it ideal for an investor or existing salon owner who is looking to expand. The business is only for sale due to the current owner needing to invest more time in their other business, so it would therefore would be suited for a dedicated buyer who has the time to fulfil the business’s full potential.

Despite excellent and rapid success so far, the barbershop could be grown further through advertising, implementing loyalty cards, or developing its social media marketing. The business has a brilliant, contemporary website and app for booking appointments, providing a great platform from which to develop its online strategy further.

The new owner could also expand into student training, as the current owner had planned for this but does not presently have the time to commit to it.

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  • Nearby car parking
  • Free car parking onsite
  • Good transport links
  • Residential area
  • No local competition
Rent
£4,000
Rates
TBC
Lease Term
4 years
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

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