Barber shop for sale

Established Barbershop & Sunbed Business for Sale – Prime Islington Location

This is a rare opportunity to acquire a thriving barbershop in the heart of Islington, complemented by sunbed facilities. Having been in operation for approximately six years, this well-established business is situated on a bustling high street, benefiting from significant pedestrian traffic and a devoted local clientele.

The business offers multiple revenue streams, providing both barbering services and sunbed amenities. This diversity has served well in maintaining strong financial performance. Recently refurbished to a high standard, the premises are equipped with high-quality fixtures and fittings and are fully air-conditioned with new Led lighting, ensuring there are no additional setup expenses for the new owner. The premises has had a refurbishment at a cost of over £80,000 and is comprised of a ground floor with 3 front wash positions then in the rear of the ground floor is 2 further rooms with 2 sunbeds, the intension was to remove the sunbeds and expand the barbers area to accommodate 3 more barber stations tis is an option. The basement area has a well fitted  kitchen with washing and drying facilities, in additional there are a separate male and female toilets recently refurbished to a high standard. The basement area is shared with the salon next door.

Key Features:

• High-traffic location: Situated in a vibrant area with strong passing trade.
• 20-year lease: The business is secured under the Landlord and Tenant Act, guaranteeing renewal rights. The next renewal is due in approximately three years.
• Prominent online presence: A dedicated website and partnerships with platforms like Treatwell enhance visibility, supported by outstanding customer feedback, including a 4.9 rating on Google.

The business is currently on the market due to the owner's retirement plans. However, the current owner is willing to remain involved for a limited time to ensure a smooth handover. Moreover, there's a possibility of forming a partnership at a reduced premium if that aligns with the buyer's preferences.

The barbershop is part of a vibrant town canter, offering close proximity to a variety of shops, restaurants, and other amenities. Despite its central location, the competition is minimal, enhancing its attractiveness to potential buyers. The leasehold is priced at £25,000, with a current turnover of £125,000. The annual rent is £37,000, and all stock is included. Accounts are available for review by serious inquiries.

The business currently employs three staff members, and the owner is open to providing training opportunities to ensure continuity and uphold the business's success. This opportunity is ideal for investors or barbers looking to take ownership of a successful enterprise in a prime location.