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Two Established Barbershops For Sale in Hinckley and Markfield, Leicestershire with Growth Potential

Hinckley, Leicestershire
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Two extremely well established barbershop for sale Photo 1
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Two extremely well established barbershop for saleTwo extremely well established barbershop for saleTwo extremely well established barbershop for saleTwo extremely well established barbershop for saleTwo extremely well established barbershop for saleTwo extremely well established barbershop for saleTwo extremely well established barbershop for saleTwo extremely well established barbershop for sale
  • Status

    UNDER OFFER

  • Date Submitted:

    07/08/23

  • Advert ID

    517751

  • Reference

    B07450 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £79,995
  • Turnover: £144,643 (£2,782 Per week)
  • Net Profit: Not Applicable

Business Details

Two extremely well established barbershop for sale

Business
Please quote reference B07450

Hilton Smythe are delighted to welcome to the market Shortys Barbers, two highly rated barber shops in Hinckley and Markfield, Leicestershire.

Shortys Barbers (Hinckley) was first established by our client 25 years ago and Shortys Barbers (Markfield) was established 7 years ago, with both building up an excellent reputation and repeat client base. As seen by the online ratings and reviews, the business is extremely popular. 

Shortys Barbers has now come to the open market due to our clients desires to relocate.

Shortys Barbers are two contemporary barbers, offering the best hair cutting services. The businesses offer both walk-in appointments and online bookings. The business names are trademarked, with the sale of the business including their websites, social media accounts and the client database of previous bookings and their contact details. 

Both barber shops are staff run, allowing the new owner to expand the brand further. 

Key selling points - 

  • Very well established branded barbers business
  • Opportunity to expand to new areas
  • Business handover offered
  • Currently run to suit
  • Low running costs
  • 100 Google reviews
  • Individual brand décor
Scope for further growth -

  • Increase the number of chairs/barbers in each store
  • Open Sundays
  • New social media campaign
  • Local leaflet drop
  • Loyalty card scheme


Location
Shortys Barbers occupies a central trading position along a very busy parade of town centre stores in Hinckley. The area has high footfall levels, with parking available directly outside. There is is also a large car park within 2 minutes walk.

Shortys Barbers occupies a central village position in Markfield. It's situated along parade of community stores, with parking available on the street.



Premises
Hinckley – Reception/waiting area, 3 x barbering stations (space for 5), back wash area, staff room/store room, toilet facilities

Markfield – Reception/waiting area, 3 x barbering stations (space for 5), back wash area, staff room/store room, toilet facilities



Tenure
We are advised that the businesses are being sold on a leasehold basis. Further information on the currently lease terms can be made available. 



Hours
The current trading hours are -

Monday - Hinckley – 9:00am to 7:00pm & Markfield – 9:00am to 5:30pm

Tuesday - Hinckley – 9.00am to 5.30pm & Markfield – 9:00am to 5:30pm

Wednesday - Hinckley – 9:00am to 5:30pm & Markfield – 9:00am to 5:00pm

Thursday - Hinckley – 9:00am to 7:00pm & Markfield – 9:00am to 6:00pm

Friday - Hinckley – 9:00am to 6:00pm & Markfield – 9:00am to 6:00pm

Saturday - Hinckley – 8:00am to 5:00pm & Markfield – 9:00am to 5:00pm

Sunday - Closed



Staff
We are advised that the business has 4 members of staff. 



Financial Profile
We are advised as per the 2022 accounts, the business generated a combine turnover in the region of £145,000. Further financials can be made available upon request. 



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THIS BUSINESS IS NOW UNDER OFFER

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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