Outstanding and Highly Reputable Barbershop in Staffordshire

Great Wyrley, Staffordshire
REF: S07681

Asking Price:
£74,000
Annual Turnover:
£70,286
Annual Net Profit:
£30,391
REF: S07681

Overview

Tenure:
Leasehold
Established:
2017
  • Excellent reputation
  • Loyal customer base
  • Well-equipped, recently refurbished premises
  • Low overheads
  • Fantastic online presence

The business for sale is a highly popular and modern barbershop situated in the village of Great Wyrley, Staffordshire.

The salon provides a full range of barber services to its clients of all ages. These include traditional cuts with clippers and/or scissors, alongside modern treatments. Male grooming, such as beard trims, are also offered. Appointments can easily be booked in advance either in-person, over the phone or online. However, walk-in slots are also offered which are popular amongst clients for the great flexibility they provide.

The business has accumulated an outstanding reputation within the local community, despite only operating for a few years. This is largely due to the warm welcome that is given to all clients, alongside the team’s impeccable professionalism and excellent standard of practical skill. The current owner oversees all activity, using nearly two decades of experience in the hair industry to provide a salon experience of the highest calibre.

The barbershop is located in Great Wyrley, a large village in the South of Staffordshire. Situated on a busy road in the heart of a populous residential area, the salon benefits from significant footfall. Free car parking is available for customers at the front and rear of the premises. Found within the ground floor of a cream terraced building, pedestrians easily recognise the business from its stylish black and gold frontage, along with its matching hanging sign. Stepping inside, clients are immediately welcomed by friendly staff at the reception’s wooden counter. The building’s interior benefits from a recent renovation, possessing a cosy yet contemporary atmosphere and design. Notable details include the dark wooden flooring and mirrors, cream walls, and comfortable leather seating.

All fixed assets are incorporated into the sale price. These include all mirrors, chairs, washbasins, etcetera. Unfortunately, a transitional period is not available with this purchase.

This is a prime opportunity for an investor or previous salon owner who is seeking a barbershop that already possesses a regular customer base, or for an existing salon owner looking to expand. The barbershop is only for sale due to the current owner needing to invest more time in their other business, so it would be most suitable for a dedicated buyer who has the time to fulfil the business’s full potential.

There are numerous ways in which to build upon this business’s already impressive success. A full social media marketing campaign could generate further brand awareness and attract new customers. The business already has a superbly designed website and app with excellent functionality for appointment booking, providing the perfect platform from which to develop its social media strategy. Furthermore, introducing loyalty cards could be an effective method to generate repeat business from new customers. There is also the option to expand into student training.

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  • Nearby car parking
  • Good transport links
  • Residential area
  • No local competition
  • Close to local businesses
Rent
£5,400
Rates
TBC
Lease Term
5 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
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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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