Thriving Barbershop in Edinburgh's Commercial District near University for Sale
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Advert ID
627655
- Leasehold: £50,000
- Rent: £16,000 (£1,333 per month)
- Turnover: £80,000 (£1,538 per week)
- Profit: Not Applicable
Key Features
- Small Business
Business Details
Salon for sale
Thriving Barbershop for Sale in Prime Location: Edinburgh University Area
This highly successful and well-established barbershop is located in the bustling commercial district of Edinburgh, just steps away from the University of Edinburgh campus. It has been serving the area for 20 years, building a loyal customer base comprised of 60% students and 40% local residents. With a thriving business model already in place, new owners have the opportunity for immediate revenue generation with little to no additional setup required.
The barbershop boasts a modern and stylish interior, featuring sleek furniture and well-equipped styling stations. The bright and inviting atmosphere is enhanced by large mirrors and comfortable seating, providing clients with a pleasant and relaxing experience. The shop's prime location ensures high storefront visibility, while its established brand presence is marked by clear and effective signage.
The current owner, who has successfully operated the business for 20 years, is selling due to retirement. Over the years, the shop has seen an increase in turnover, currently achieving an annual revenue of £80,000 with an annual rent of £16,000. The business also maintains an online presence, allowing for potential growth in digital engagement and client reach.
As a small business, the shop employs two staff members and offers all necessary stocks as part of the sale price. The leasehold price is set at £50,000. To ensure a seamless transition, the current owner is willing to provide training opportunities for the new owner.
Map
What's Nearby
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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
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
