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Highly-Rated, Established Barbershop in Wiltshire for Sale with Great Growth Potential

Marlborough, Wiltshire
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Well presented barbershop for saleWell presented barbershop for saleWell presented barbershop for saleWell presented barbershop for saleWell presented barbershop for saleWell presented barbershop for sale
  • Status

    FOR SALE

  • Date Submitted:

    16/10/23

  • Advert ID

    601162

  • Reference

    B07563 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £57,500
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Well presented barbershop for sale

Business
Please quote reference B07563

CoGoGo are delighted to welcome to the market Downtown barbers 26, a well established and highly rated barbershop in Marlborough, Wiltshire.

Downtown barbers 26 was first established by our client in 2014. As seen by the online ratings and reviews, the business is extremely popular and has an impressive number of regular customers and a great reputation for professionalism, customer care and pricing.

The business has now come to the open market due to our clients desire to concentrate on other business interests. 

The business prides itself on being a traditional barbershop specialising in all haircut services, fades, beard trims and luxury hot towel shaves. 

The business is currently staffed by two self employed stylists and enjoyes great online reviews such as -

  • “Always great service, great price, friendly people”
  • “Good atmosphere, good music and to top it all, the haircut ws good “
  • “Awesome barbers. Visited for the first time today and was hugely impressed. Excellent atmosphere and service, intelligent conversation and possibly the best haircut I’ve ever had”
Key selling points - 

  • A well established business with an enviable reputation and many regular customers
  • Prime trading position with loads of footfall
  • Current happy to offer a handover to ensure the continued success of the business
  • Ideal owner managed or partnership business
  • A real opportunity to increase turnover and profits significantly, the current owner has been running at a pace to suit
Scope for further growth - 

  • Advertising and Marketing campaign
  • Website ideally with an online booking facility
  • Maximise the use of social media
  • Extend the opening hours
  • Introduce a customer loyalty card / scheme


Location
Downtown barbers 26 is located on High Street, in Marlborough, Wiltshire. 

The business nicely presented with clear visible signage and receives high levels of footfall and passing trade. 



Premises
The business occupies ground floor premises which is ideally suited to the trade.

  • Window and glazed doors to the front of the unit
  • Slate effect flooring with a feature exposed brickwork wall
  • Distinctive wood paneling to the walls
  • 3 Stations, each with with mirrors and sockets
  • Till area and sofa's for customer seating


Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £3,865 per quarter (£15,460 per annum). 



Hours
The current trading hours are -

Monday - Closed

Tuesday to Wednesday - 8:30am - 6:00pm

Thursday - 9:00am - 6:00pm

Friday - 8:30am - 6:00pm

Saturday - 8:30am - 3:00pm

Sunday - Closed



Staff
We are advised that the business is currently staffed by two self employed stylists.



Financial Profile
Further financials can be made available upon request. 



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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.

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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.

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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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The data showed regarding this advert 'Well presented barbershop for sale - B07563 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.