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Barber Shop for Sale in Hampstead on Finchley Road

Hampstead, LondonEst. 6 years
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Barber Shop For sale in Hampstead, Finchley RoadBarber Shop For sale in Hampstead, Finchley RoadBarber Shop For sale in Hampstead, Finchley RoadBarber Shop For sale in Hampstead, Finchley RoadBarber Shop For sale in Hampstead, Finchley RoadBarber Shop For sale in Hampstead, Finchley RoadBarber Shop For sale in Hampstead, Finchley RoadBarber Shop For sale in Hampstead, Finchley RoadBarber Shop For sale in Hampstead, Finchley Road
  • Status

    FOR SALE

  • Advert ID

    643418

  • Leasehold: £65,000
  • Rent: £20,400 (£1,700 per month)
  • Turnover: £182,000 (£3,500 per week)
  • Profit: On request

Key Features

  • Professional barber chairs
  • Operational business with clientele
  • Personal inspection available
  • Personalised hair cutting experience

Business Details

Barber Shop For sale in Hampstead, Finchley Road

This well-established barber shop has been successfully operating for six years in a prime location on Finchley Road, where it benefits from a steady stream of customers and significant foot traffic. The owner, who is selling the business solely due to a relocation to another city, assures potential buyers that there are no underlying issues affecting the operation. The shop has cultivated a loyal customer base and is poised for continued success.

Situated on a bustling stretch of Finchley Road, the barber shop is surrounded by an array of amenities, including cafés, restaurants, supermarkets, and convenience stores. This vibrant environment not only enhances the footfall but also draws in clientele looking for quality grooming services. With well-known establishments like Waitrose nearby, the area appeals to a diverse customer demographic, ensuring a steady flow of business.

Despite the moderate to strong competition from various other barber shops in the vicinity, the thriving local demand allows multiple businesses to flourish simultaneously. Finchley Road’s high foot traffic contributes to the barber shop’s strong performance, making it a popular destination for haircuts and grooming.

Business Highlights

Currently listed for sale, this barber shop presents a leasehold opportunity with a current turnover of £182,000. The owner invites potential buyers to inspect the premises personally, highlighting its fully operational status and established client base. Key features that set this business apart include:

  • Professional barber chairs and a welcoming ambiance.
  • A reputation for excellent customer service and positive word-of-mouth referrals.
  • Potential for brand growth and increased turnover through marketing efforts.
  • Ample opportunity for expansion with a seamless transition for new ownership.
  • A well-designed, inviting interior coupled with a professional online presence.

The barber shop operates seven days a week and provides a relaxing environment for customers. The presence of a small kitchen area adds to the convenience for both staff and visitors. With reasonable rental agreements in place, this opportunity is not only profitable from its inception but also offers flexibility for remote management if desired.

Given the current owners' successful engagement strategies and a proven record of customer satisfaction, this barber shop stands as a prime business opportunity in a central location, appealing to both experienced and aspiring entrepreneurs. Viewings are strongly recommended for serious buyers seeking a lucrative investment in the hair and beauty industry.

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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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