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Family Operated Barbers In Brixton, London

City of London, London
Status
FOR SALE
Advert ID
258668
Reference
7182 / Rightbiz
Leasehold Price: £69,995
Annual Turnover: £149,023
Annual Net Profit: £61,312
    Prominent High Street Position

    Accounts Available Year End 30th November 2018

    Annual Turnover £149,023

    Gross Profit £145,856

    Accounts Available After Viewing

    Five Styling Stations

    Fantastic Online Reviews

    Scope To Introduce Additional Services

    Well Presented Throughout

    Total Space of 30Sq Ft

    EPC - C

Description:
Ref 7182 Leasehold Barbers In Brixton
Blacks Business Brokers are pleased to bring to the market this leasehold family operated barbers in the much sought after area of Brixton, Greater London.

INTRODUCTION
The Barber De Seville was established by our client in this bustling area of Brixton in 2011. The business offers a wide range of gents barbering and grooming services. The Barber De Seville has become very well known within the area and has a large repeat customer base. Our client has ensured the business has a fantastic reputation with brilliant reviews noted on both Facebook and Google.

LOCATION
The business occupies a prominent main road trading position and is surrounded by a variety of complementing businesses. The business has good public transport links with Brixton train station and Brixton underground both just a short distance away. The area is well linked by the A203, A204 and A2217 and A23.

REASON FOR SALE
The business is ideally suited to a hands on owner operator but due to our clients desire to travel and relocate, the business is offered for sale.

LEASE
The building is available on a Full Repair and Insure lease. This is the most common form of commercial lease. The current lease is ten years and began in June 2018 at a cost of £452 per week.

BUILDING LAYOUT AND DESIGN
The Barber De Seville operates from the ground floor of a large two storey premises. The business has large branding and signage on display above a fully glazed frontage. Inside, the main shop floor is open plan and offers five fully equipped styling stations and one back wash. There is also a staff area to the rear. All areas are presented to a brilliant standard.

STAFF
The business currently operates with two full time members off staff in employment and a cleaner. This includes our client working on a full time basis. There is potential to have up to five barbers at one time.

FINANCIAL DETAILS
The Barber De Seville has traded solidly since opening in 2011. The accounts year end 30th November 2018 show the business has an annual turnover of £149,023 with gross profits of £145,856. Full financial information can be mad available after viewing.

BUSINESS RATES
The business currently benefits from small business rates relief. Purchasers should enquire with relevant local authorities as to the business rates payable.

SUMMARY
SUMMARYThis reputable and well established business occupies an enviable trading position in a bustling area of Brixton. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of additional treatments and longer opening hours. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Fixtures & Fittings:
All Fixtures & Fittings Included

Opening Hours:
MON - FRI: 10:00 - 20:00SAT: 09:00 - 18:00SUN: CLOSED


Weekly Rent:
£452 Per Week. Weekly Rent:
£452 Per Week.
Listing Details
Location: City of London, London
Sector: Barbers, Engraving Businesses
Contact Agent
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Advert Reference: 7182 / Rightbiz

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