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Profitable, Well-Established Barbershop For Sale in Prime Brighton Location

Brighton, East Sussex
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  • Leasehold: £44,995
  • Turnover: £70,000 (£1,346 per week)
  • Profit: £25,000 (36% Profit margin)

Business Details

Profitable Barbershop For Sale

Business
Please quote reference B08407

Are you ready to own a thriving barbershop in the heart of Brighton?

CoGoGo welcomes Big Papa’s Barbershop, established for 9 successful years, and offers an exceptional opportunity for an entrepreneur or barber to step into a profitable, well-regarded business in a prime location.

Key Details

  • Established: 9 years ago with a strong and loyal customer base.
  • Rent: Only £850 pcm – remarkably low for the area and size.
  • Turnover: Approx. £70,000 annually.
Online Presence: Big Papa’s Barbershop boasts outstanding reviews and ratings on Google and other platforms, making it highly attractive to customers. Its Instagram and Facebook profiles are popular and provide a solid foundation for marketing and engagement.

Growth Potential

The business is profitable as is, but there are exciting opportunities for further growth:

  1. Expand Services: Introduce additional services like beard grooming, hot towel shaves, or hair colouring.
  2. Retail Products: Start selling hair care products, beard oils, and grooming kits. Extend Operating Hours: Open earlier or later to cater to more customers.
  3. Hire More Staff: With room for two more stations, increasing staff could double the clientele.
  4. Boost Marketing Efforts: Invest in paid social media advertising or partner with local businesses to increase visibility.     
Reason for Sale: The owner is moving on to pursue a new venture in property investment. This is a rare chance to acquire a thriving, community-loved barbershop in a fantastic location with the potential to grow further. If you’re ready to take the reins of this highly regarded business, Big Papa’s Barbershop could be the perfect opportunity for you!

Don’t miss out – contact us today to arrange a viewing and secure this incredible investment.



Location
Big Papas Barbershop is located at 143e Ditchling Rd, Brighton and Hove, BN1 6JA.



Premises
The barbershop currently operates with two stations, but there’s space to expand to four stations, doubling the capacity. The premises are well-maintained and located in a bustling area with high footfall and significant passing trade, making it a magnet for walk-ins as well as loyal regulars.



Tenure
This business opportunity is being offered for sale on a leasehold basis.

A new lease of up to 15 years can be granted to the new owner, subject to the landlord's approval.

The current rent is £850 per calendar month.



Hours
The current trading hours are:

Monday - Closed

Tuesday to Friday - 9:00 am to 5:30 pm

Saturday - 9:00 am to 3:30 pm

Sunday - Closed



Staff
This business is run and managed by our client and employs one part-time self-employed staff member.



Financial Profile
This business generated a turnover of £70,000. Full financials can be made available upon further request.



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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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