Business
Please quote reference B08194
CoGoGo are excited to present an incredible opportunity to acquire a highly profitable and well-established barber shop located in the bustling heart of the City of London.
Headlinerz has been serving the local community for over six successful years and has built a stellar reputation as the go-to destination for quality grooming services. This is a rare chance to own the only black-owned barbershop in the vicinity, catering to a loyal and diverse clientele.
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Headlinerz is strategically situated in a prime area with excellent visibility, surrounded by offices, retail shops, and residential buildings. The barber shop’s presence in this thriving neighbourhood ensures a strong customer base and an unparalleled advantage over competitors.
Key Highlights:
- Established: 6 years ago.
- Location: City of London, high footfall area.
- Unique Selling Proposition: The only black-owned barbershop in the vicinity.
- Hair Station: 4 fully equipped hair stations.
- Staff: Commission-based, highly skilled barbers.
- Clientele: Loyal repeat customers, diverse demographic.
- Reputation: Strong local brand, excellent customer reviews.
Opportunities for Growth
While Headlinerz is already a thriving business, there is significant potential for expansion and increased profitability:
- Extended Operating Hours: Introducing longer opening hours, particularly during weekends or evenings, could attract more customers, especially those working in nearby offices.
- Additional Services: Expanding the service offering to including grooming products, hair treatments, beard care, or even a small retail section could drive additional revenue.
- Marketing and Online Presence: Enhancing the shop’s digital presence through social media marketing, a professional website, and online booking systems could attract a wider audience an improve customer convenience.
- Loyalty Programs and Promotions: Implementing loyalty programs or seasonal promotions can increase customer retention and encourage repeat business.
- Partnerships and Events: Collaborating with local businesses or hosting events (e.g., grooming workshops, pop-up shops) could further elevate the shop’s profile and attract new customers.
- Franchise Opportunity: Given the strong brand and unique marketing positioning, there is an opportunity to expand Headlinerz through franchising, bringing the concept to other high-demand areas.
Why Buy Headlinerz?
- Exclusive Market Position: As the only black-owned barbershop in the area, Headlinerz enjoys a unique and loyal customer base.
- Turn-key Operation: The business is fully operational with a skilled team in place, ensuring a seamless transition for the new owner.
- Proven Profitability: With a strong record and consistent revenue, Headlinerz represents a secure investment with potential for further growth.
- Growth Opportunities: Multiple avenues for expansion offer the potential to increase profitability and market reach.
Headlinerz is more than just a barbershop; it is a thriving business with a solid foundation and an excellent reputation in one of London’s most dynamic areas. Whether you are an experienced operator looking to expand your portfolio or an entrepreneur seeking a profitable and established business. Headlinerz offers a compelling opportunity with room for growth.
Don’t miss out on the chance to own this unique and successful barber shop in the heart of London. For more information or to arrange a viewing, please contact CoGoGo today!
Location
The location benefits from substantial foot-traffic, with both regular clients and a steady stream of walk-ins contributing to consistent revenue.
Premises
Headlinerz is a stylish barbershop, prominently located in a double-fronted premises with eye-catching signage that draws attention for passersby. Inside, the shop boasts a modern and sleek design, featuring four well-equipped hair stations, each with large mirrors and state-of-the-art chairs, ensuring a comfortable and top tier grooming experience for every client.
Tenure
This opportunity is being sold on a Leasehold basis (which is currently due for renewal).
The advised rent is £1,250 per month increasing to £18,000 per annum.
Hours
The current operating hours are:
Monday to Friday – 9:00am to 8:00pm
Saturday – 10:00am to 8:00pm
Sunday – 12:00pm to 4:00pm
Staff
The business is run and managed by our client with the help of 3 staff members who are all commission based.
Financial Profile
This business generated a turnover of £125,000. Full financials can be made available upon further request.
