Prominent 3-Storey Barber Shop & Beauty Salon in Liverpool St, London for Sale. Profitable, 15 Years Operating
City of London, London
- Status
FOR SALE
- Advert ID
625473
- Reference
15 yr established hair & beauty business for sale. / Rightbiz
- Call Agent:
- Leasehold: £65,000
- Rent: £65,000 (£5,417 per month)
- Turnover: £186,000 (£3,577 per week)
- Net Profit: £84,000 (46% Profit margin)
Key Features
- Attractive Business
- Close to Local Amenities
- New Lease
- Offers Invited
- Potential for Alternative Use
- Accounts Available
- Small Business
- Fully Fitted
- Split Level Trading Area
- Adjacent to Multiple Retailers
- Company for Sale
- Established Business
- Prime Location
- Retirement Sale
- Free of Tie Leasehold
Business Details
Prominent 3 storey barber shop & beauty salon located in the heart of Liverpool St Spitalfields
SUMMARY
• Existing profitable business which has been operating for 15 years
• New lease available at circa £67,500 pa
• Can be sold as a business but open to other uses that don’t require planning
DESCRIPTION
Hugely prominent three-level premises with air-conditioning throughout, accessed via a ground-floor entrance.
• First Floor (c. 450ft): Fully-equipped barbershop with 7 chairs, 2 washing basins, a restroom with WC and laundry facilities
• Second Floor (c.470ft): BeautyHub Studio & Hair Lounge with space for 2-3 ladies’ hairdressers, washing basins, 3 beauty rooms, a restroom with laundry facilities
• Third Floor (c. 530ft): Additional BeautyHub Studio with 4 treatment rooms, a restroom with WC and laundry facilities
LOCATION
Located in an extremely high footfall 7 day location within a stone throw of Liverpool Street Station, Bishopsgate & Spitalfields Market.
THE BUSINESS
Year end 2024 accounts show a turnover of £186,000 with profit of £84,000. The business is well run and maintained and still has further growth potential.
OTHER USES
Suitable for other uses which fall within Class E
PURCHASE PRICE
Offers in excess of £65,000 on the basis of a quick deal
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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.
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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.
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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
