Fully Fitted, Modern Barbershop for Sale in Stockport, Manchester
Stockport, Manchester
- Status
FOR SALE
- Date Submitted:
12/03/24
- Advert ID
608118
- Leasehold: £13,000
- Rent: £5,100
- Turnover: £36,400 (£700 Per week)
- Net Profit: £30,000 (83% Profit margin)
Key Features
- Small Business
- With Car Park
- Trade Gardens Available
- New Lease
Business Details
Barbershop for sale
A modernly designed, fully fitted barbershop is up for sale in Stockport, Manchester. The shop comes with a comfortable seating area for clients, professional barber chairs, well-equipped workstations, and a well-lit, spacious interior. Maintained to a high standard, the shop is clean and boasts a welcoming atmosphere. An added attribute is the prime location the shop enjoys, with a visible storefront and clear signage.
With an asking price of £13,000 for the leasehold, the business turns over £36,400, generating a profit margin of approximately £30,000. The sale price includes all stock. The barbershop is a small business, with the added advantages of having available car parking spaces and trade gardens.
Currently, the barbershop operates five and a half days a week, from 9:30 AM to 6:00 PM, with Wednesdays off, and on Sundays from 10:30 AM to 3:00 PM. Generating weekly earnings between £700 and £800, the rent stands at £425 and the lease at £50, possibly increasing to £475. Monthly utility costs include approximately £20 for water and near £100 for electricity.
Potential buyers have the opportunity to extend the business. Alongside the barbershop, they can operate another business, excluding food services. With a lease in place for the next five years, this opportunity presents a great prospect for someone looking to venture into the barber business or expand their current operations.
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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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