FREEHOLD BARBER SHOP HISTORIC SUFFOLK MARKET TOWN

Undisclosed, Suffolk

Status

FOR SALE

Date Submitted:

14/07/21

Advert ID

279641

Reference

M6405S / Rightbiz
Freehold: £289,999
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

FREEHOLD BARBER SHOP located on the OUTSKIRTS OF TOWN CENTRE in this very distinctive HIGHLY BUILT UP RESIDENTIAL AREA that has AMPLE FREE PARKING in this HISTORIC SUFFOLK MARKET CATHEDRAL TOWN. The business has been ESTABLISHED 30 YEARS that has been operated under the SAME OWNERSHIP SINCE 2016 by our client who worked in the business as far back as 2007 and who has brought the property to market with a GENUINE REASON FOR SALE. Being only the third owner since its establishment, the vendor and the business have an ENVIABLE REPUTATION amongst a LOYAL & REGULAR CLIENT BASE. Turnover on accounts show net sales of £113,839 with HIGH GROSS PROFIT MARGINS yielding adjusted NET PROFITS IN EXCESS OF £38,000. The property is VERY WELL PRESENTED and currently arranged as 5 x cutting stations with 1 x front wash. Ideally suited for an experienced barber to own their own barber shop, this business also lends itself to an already established barbers looking to expand their current operation. This is a CONFIDENTIAL SALE and an EARLY VIEWING IS ADVISED.

Contact Agent
Advert Reference:
M6405S / Rightbiz
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