Barber shop for sale in Walthamstow London with modern decor and growth potential
Walthamstow, London
- Status
FOR SALE
- Advert ID
640692
- Leasehold: £60,000
- Turnover: £156,000 (£3,000 per week)
- Profit: On request
Key Features
- Potential for expansion opportunities
- Attractive asking price
- Attractive location for potential buyers
- Prime location for foot traffic
Business Details
Barber shop
This well-established barbershop in Walthamstow, London, presents a unique opportunity for potential buyers. Having successfully operated for eight years, the owner is reluctantly selling due to health issues. The business generates impressive takings ranging from £3,000 to £4,000 per week. The interior has been newly renovated, creating a modern and inviting atmosphere for clients. A generous 15-year open lease is available, providing stability for the new owner.
The asking price for the leasehold is £60,000, with a current annual turnover of £156,000. This barbershop offers significant potential for growth and expansion, making it a lucrative investment for the right buyer. Its prime location attracts considerable foot traffic, enhancing visibility and accessibility for clients.
Attractive Features
This barbershop boasts numerous attractive features that set it apart from the competition. It is situated in a central location, complete with parking facilities, ensuring convenience for both customers and staff. The shop is designed to provide a clean and welcoming environment, facilitating a social hub atmosphere ideal for walk-in clients and those with pre-booked appointments.
Engagement and Community
The business encourages a sense of community and engagement through robust social media presence and marketing, contributing to its successful trading history. The establishment offers unisex salon services, catering to a diverse clientele, and includes essential facilities such as toilet amenities. With financials and turnover data ready for review, this opportunity is particularly suitable for first-time buyers or existing barbers looking to expand their portfolio.
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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.
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