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Newly Fitted Barbers Urmston

Urmston, Manchester
Status
FOR SALE
Advert ID
267979
Reference
7034 / Rightbiz
0161 763 5000
Leasehold Price: £16,950
Annual Turnover: £30,000
    Town Centre Trading Location

    Annual Turnover £30,000 (2020)

    Gross Profit £29,000

    Further Financial Info Upon Viewing

    Excellent 5 Star Google Reviews

    Fully Equipped

    Beautifully Presented

    CCTV Fitted Throughout

    Free Parking

    Website & Social Media In Place

    Scope For Longer Opening Hours/Days

    Potential To Extend Into Basement

    EPC - D

Description:
REF 7034 – Leasehold Newly Fitted Barbers
Blacks Business Brokers are pleased to bring to the market this leasehold barbers located in Urmston, Greater Manchester.

INTRODUCTION
Empire Barbers Urmston was established by our client in this busy area of Urmston in 2018. The business is fully equipped and has quickly become very well known. It has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Yell and Facebook. Empire Barbers Urmston has a comprehensive website in place.

LOCATION
Empire Barbers Urmston occupies a superb trading position in an industrial area of the town centre. The area is densely populated commercially with neighbouring businesses including independent businesses such as garages and gyms as well as large multiples such as Travis Perkins. Urmston Railway Station is also nearby. The area is well linked by the M60 with strong public transport links and parking is available in the immediate area.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to the demands of our client's other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The current lease is a five year lease which began in 2018 at a cost of £150 per week. We are advised that the landlord can issue a new lease if preferred.

BUILDING LAYOUT AND DESIGN
Empire Barbers Urmston operates from the ground floor of an end terraced property on a busy road. The business has large branding and signage on display above a matching glazed frontage. Inside, the main salon is very nicely presented and fitted with three cutting stations and one backwash sink. To the rear is a staff kitchen and toilet facilities. CCTV is fitted throughout and all areas have been finished to a very high standard with neutral décor, modern lighting and flat screen television. The basement floor is currently used for storage, however this could be utilised as additional business space with some investment.

STAFF
The business operates with one part time member of staff in employment supported by our client working on a full time basis.

FINANCIAL DETAILS
Empire Barbers Urmston has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £36,400 and gross profit of £34,580. Full financial information is available upon request.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This is a newly established yet well known barbers which occupies a superb trading position and has a strong base of regular customers in place already. There is plenty of scope to develop the business further with the introduction of a new online booking service, strong marketing drive and seven day opening. 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:
Shutters
Back washer
3 fully set up stations (space for 4)
CCTV 5 cameras
Panasonic 50 inch
Till
Coffee machine
Clippers
Towels
Leather sofa x 3


Opening Hours:
Mon - ClosedTue - 9.30am - 6pmWed - 9.30am - 6pmThur - 9.30am - 6pmFri - 9.30am - 6pmSat - 9.30am - 6pmSun - 10am - 3pm


Weekly Rent:
£150 Per Week. Weekly Rent:
£150 Per Week.
Listing Details
Location: Urmston, Manchester
Marketed By: Blacks Business Brokers Limited
Sector: Barbers, Engraving Businesses
Contact Agent
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Agent Name: Upgrade to view
Advert Reference: 7034 / Rightbiz

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