Barber shop for sale in the West End of Glasgow with a loyal clientele and online presence
City of Glasgow, Glasgow
- Status
FOR SALE
- Advert ID
633976
- Leasehold: £5,000
- Rent: £18,000 (£1,500 per month)
- Turnover: On request
- Profit: On request
Key Features
- Newly renovated facility
Business Details
Amazing west end barber shop for sale
I am excited to announce that I am selling my successful barber shop located in the vibrant West End of Glasgow. This shop, which I opened just one year ago, is already thriving and has become a beloved destination for our customers. I have built an exceptional brand and have a dedicated team of 12 staff members across my three barber shops.
Due to unforeseen family circumstances, I have decided to sell my businesses. I am pleased to inform you that two of my shops are already being purchased by previous staff members, leaving only the West End location available for sale. This establishment has been operational for one year, while I have owned various businesses in the barbering industry for a total of eight years.
The sale includes all fixtures and fittings, ensuring a smooth transition for the new owner. Over the past year, there has been a noticeable increase in turnover, demonstrating the shop's strong performance. The reason for selling is strictly personal and related to family matters.
In terms of staffing, this particular shop currently has two employees. Additionally, the business benefits from an established online presence, which has helped attract new customers.
The asking price for the leasehold of the West End barber shop is £5,000 goodwill and the annual rent is set at £18,000. If you are looking for an exciting opportunity in the hair and beauty industry, this could be the perfect fit.
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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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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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 number 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.
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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.'.
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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.
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