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Established Barber Shop Preston

Preston, Lancashire
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Established Barber Shop - PrestonEstablished Barber Shop - PrestonEstablished Barber Shop - PrestonEstablished Barber Shop - PrestonEstablished Barber Shop - Preston
  • Leasehold: £30,000
  • Turnover: £34,009 £654 Per week
  • Net Profit: Not Applicable

Business Details

    Prominent Main Road Location

    Annual Turnover £34,009

    Further Financial Info Available After Viewing

    Low Rent - Just £127 Per Week

    New Lease Available

    Established 2013

    Owner Operator/No Staff

    Free Parking To Rear

    Repeat Customer Base

    Superb Online Reviews

    Scope To Expand Opening Hours

    Potential For Marketing Drive

    EPC - C

Description:
REF 7844 – Leasehold Barber Shop
Blacks Business Brokers are pleased to bring to the market this leasehold barber shop located in Ashton-on-Ribble, Preston.

INTRODUCTION
Declan's Barbershop was established by our client in this busy area of Preston in 2013. The business specialises in men’s haircuts, hot towel shaving and beard/moustache grooming. It has become very well known in this area and 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 and Facebook. Declan’s Barbershop has a basic Booksy website in place.

LOCATION
Declan’s Barbershop occupies a main road trading position within a parade of shops, offices and residential properties. The area is densely populated commercially with neighbouring businesses including independent retailers and large multiples. There are also a number of gyms, schools and other amenities nearby. The area is well linked by the M6 and M55 with very strong public transport links and parking is available to the rear of the property.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to 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 building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a rolling monthly agreement running at a cost of £127 per week. We are advised that a new lease can be made available for a new owner if preferred.

STAFF
The business operates with our client only in employment.

FINANCIAL DETAILS
Declan’s Barbershop 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 £34,009 with gross profit to be confirmed. Full financial information is available upon request.

SUMMARY
This well established business occupies an enviable trading position in a sought after residential area close to Preston centre. 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 new services and longer opening hours. A new owner may also look to develop a stronger marketing strategy. 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.

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

BUILDING LAYOUT AND DESIGN
Declan’s Barbershop operates from the ground floor of a spacious mid terraced property on a busy road. The business has large branding and signage on display above a fully glazed frontage. Inside, the salon has five mirrored cutting stations and a waiting area – the business is very well presented. There are also toilet and kitchen facilities to the rear along with a storage area and free parking for six vehicles is available at the back of the property. All areas are well equipped and presented nicely.



Fixtures & Fittings:
Barber Chair x 2
Cutting Station x 5
Ash and Walnut Shelving Unit & Sinks
Solid Wood Church pews


Opening Hours:
MON & TUE: CLOSED WED & THU: 09:00 - 19:00 FRI: 09:00 - 17:30 SAT: 08:00 - 15:00 SUN: CLOSED


Weekly Rent:
£127 Per Week. Weekly Rent:
£127 Per Week.
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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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