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Established Barber Shop in Prime Toddington Location with Regular Customers for Sale

Toddington, Bedfordshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Advert ID

    618368

  • Leasehold: £40,000
  • Rent: £10,853
  • Turnover: £70,000 (£1,346 Per week)
  • Net Profit: £45,000 (65% Profit margin)

Key Features

  • Established Business
  • Prime Location
  • Small Business
  • Fully Fitted

Business Details

Village barbers

An established barber shop is currently for sale in the town center location of Toddington, Bedfordshire. The business is in a prime position, bringing in a significant amount of repeat customers, creating a solid regular customer base. The business is fully equipped and ready for operation, making it an ideal opportunity for a small business venture.

The leasehold price has been set at £40,000, a figure that includes all stock. With an existing turnover of £70,000 and a profit margin of £45,000, this business promises a lucrative investment. The current owner is also open to negotiation and is willing to accept the nearest offer to the asking price.

One significant aspect to note is this sale stems from a change in the owner's personal circumstances, and not due to any issues within the business. Hence, the potential buyer can confidently invest, knowing that this well-established business has a proven track record of profitability.

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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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