Walthamstow Barbershop Cut Above the Rest for Sale in City of London
City of London, London
- Status
FOR SALE
- Advert ID
643909
- Reference
B09298 / Rightbiz
- Call Agent:
- Leasehold: £45,000
- Turnover: £58,000 (£1,115 per week)
- Profit: £25,000 (44% Profit margin)
Business Details
Cut Above the Rest – Own a Walthamstow Icon!
BusinessPlease quote reference B09298
CoGoGo presents Grizzly Felons, a thriving and uniquely branded barbershop that brings edge, creativity, and confidence to the streets of Walthamstow.
After five successful years under the same ownership, this modern grooming hub is now looking for a new owner as the current one shifts focus to another career.
This is a rare opportunity to step into a fully operational and profitable business with strong branding, a loyal customer base, and excellent online visibility across platforms like Treatwell, Facebook, and Instagram.
Grizzly Felons has built a reputation as a go-to grooming destination for style-conscious customers. With its bold name and modern aesthetic, the business has carved out a strong identity in the local market. Services are booked online through Treatwell, adding convenience and enhancing customer retention. The shop is run by a capable team of three, delivering professional cuts in a relaxed, edgy setting.
Stylish, edgy, and profitable, Grizzly Felons offers a standout opportunity in one of East London’s most vibrant areas. With a solid trading history, strong online presence, and favourable lease terms, it’s the perfect next move for a barber, stylist, or savvy entrepreneur.
Location
Situated on Forest Road in the heart of Walthamstow, the shop benefits from heavy footfall and strong transport connections, with Walthamstow Central Underground station and bus routes nearby. The area is vibrant, diverse, and packed with independent businesses, making it an ideal environment for a stylish, street-smart barbershop like Grizzly Felons.
Premises
The premises boast a stylish, modern interior designed to appeal to a broad and trend-savvy clientele. Everything from the signage to the cutting stations reflects the Grizzly Felons' identity – edgy, clean, and professional. The space is perfectly laid out for maximum functionality while offering a welcoming environment for clients. Equipment and fittings are in excellent condition, making for a turnkey opportunity with no immediate investment required.
Tenure
We are advised that the shop is held on a 10-year lease with 3 years already elapsed. 7 years are remaining, with a rent of £19,000 per annum fixed for the full lease term, with no rent review. This offers excellent rental stability in a rapidly developing area.
Hours
The current trading hours are:
Monday to Saturday - 9:30 am to 7:00 pm
Sunday - 10:00 am to 5:00 pm
Staff
The business is run by a team of three skilled barbers, ensuring high service standards and allowing for continued growth and operational ease under new ownership.
Financial Profile
We are advised that the business currently generates an annual turnover of £58,000, with a net profit of £25,000. Operating costs are manageable thanks to fixed rent and no business rates, making this a financially viable and scalable business.
Full financials can be made available upon request.
Contact Agent
Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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