For Sale Is An Excellent Barber Shop Business That Is Ideally located in Hampstead, London

Overview:

For sale is this charming, independent Barber Shop Business that is well regarded in the community, and looking for a new owner who can expand on the fantastic foundations the current owners have put in place. This busy barber shop is located in Hampstead, NW3 London

Looking for a quick sale due to personal circumstances, this thriving business is on the market for a greatly reduced price. The perfect opportunity for first-time buyers or those looking for an affordable but well-established business.

The business is situated in a prime location, ideally placed on a busy street and close to local businesses, they are able to take full advantage of good levels of footfall and passing trade.

Annual Turnover: 1,400

Annual Turnover Period: Weekly

Net profit: 46,176

Tenure: Leasehold Lease term: 11 years

Lease Expiry: TBC Annual Rent: 22,000 inc VAT

Business Rates: 0 Business Established: October 2020

Current owner has run this business for: Partnership

Business Sale Description:

For sale is this fantastic and modern Barber Shop business that is in a busy location inside Hampstead, London.

The Premises has been a barbershop and ladies salon for 35 years. Currently operating mainly as a barbershop, however there is demand and capacity for a ladies salon.

Being a salon for 35 years, the business has managed to build up a large and loyal customer base.

The shop is in a highly residential location and is surrounded by offices and restaurants nearby. Another major benefit that this business has is the fact that the Royal Free Hospital is only five minutes walk away which also provides a lot of business.

The business is already profitable and has great potential to grow much further.

The reason for selling this business is simply because I own two shops and have decided it’s better for me to focus on the one.

Key Features of This Business:

• Excellent Reputation;

• Recently Refurbished;

• Friendly & Professional Team;

• Well Equipped Premise;

• Loyal Custom Base;

• Low Overheads;

• Spacious Premises;

• Room to Expand

Key Business Information:

• Loyal Custom Base;

• Large/Spacious Premises;

• Low Business Overheads;

• Excellent Reputation;

• High Growth Possibilities;

• Refurbished Recently

Key Location Features:

• Office Based;

• Close to Local Businesses;

• Nearby Car Parking;

• Residential Location;

• Close to Schools;

• Good Transport Links;

• Close to University;

• Limited Competition

Accommodation Included: No

Potential Growth Opportunities:

The business has endless potential for growth.

There is a new development being built just round the corner which will instantly bring hundreds of new people to the area.

Hampstead Heath is just a walk away which is an extremely popular tourist and residents attraction.

There is the possibility of hiring a hairdresser and catering for both men and women.

Also, there is not much competition in the area which is extremely hard to find in London.

Vendor Open To a Transition Period: NO

Business Sector Type: Hairdressing

Are Company Accounts Available: NO

Management Structure For Business: Run by owner

Number of Staff: 3

Business For Sale  BB5153- For Sale Is An Excellent Barber Shop Business That Is Ideally located in Hampstead, London