Barber Shop for Sale in Wandsworth with Alcohol License and Pool Area
Wandsworth, London
- Status
FOR SALE
- Advert ID
639994
- Leasehold: £300,000
- Rent: £63,000 (£5,250 per month)
- Turnover: £3,250,000 (£62,500 per week)
- Profit: On request
Key Features
- Established Business
- Prime Location
- Unique Business
- Town Centre location
Business Details
Award winning Barber Shop with alcohol license
Award-Winning Barbershop in Wandsworth, London
This established barbershop boasts an alcohol license along with a thriving ambiance. Located in the lively area of Wandsworth, the shop is popular and fully operational, serving a large and loyal customer base.
The interior design seamlessly blends stylish brick and wooden finishes, offering a cozy yet contemporary atmosphere. Clients can enjoy the unique experience of playing pool in the relaxation area, transforming an ordinary visit into a leisure experience. The barbershop is furnished with high-quality Takara chairs, ensuring both comfort and aesthetic appeal, while the well-designed bar area provides an array of refreshments for clients.
Business Overview
Established for five years, this barbershop has not only grown in popularity but has also seen an increase in turnover over the past year. The current annual turnover stands at £3,250,000, with a leasehold price of £300,000 and an annual rent of £63,000.
Location and Amenities
Situated in a newly developed area, the shop is surrounded by a vibrant array of restaurants and bars, making it a prime spot for attracting customers. The unique selling proposition lies in its alcohol license and distinctive interior, setting it apart from local competitors who lack these features.
Operations and Growth Potential
The barbershop includes adjacent facilities, such as a tattoo studio on the upper floor. With a team of four employees and a solid online presence, the business is positioned for continued growth. The current owner is willing to provide training for new owners, especially if they wish to maintain the existing name and brand.
Selling Reason
The current owner is selling due to commitments in other barbershops and a desire to focus on product development. With three locations, including one abroad, they are seeking a new owner to further the business's success.
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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.
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.
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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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