Barber shop for sale in Shoreditch London located in a high foot traffic area
Shoreditch, London
- Status
FOR SALE
- Advert ID
645518
- Leasehold: £50,000
- Rent: £36,000 (£3,000 per month)
- Turnover: £72,800 (£1,400 per week)
- Profit: On request
Key Features
- Experienced staff for service efficiency
- Fully fitted and operational
- Fully equipped interior
- Inviting for customer footfall
Business Details
Shop barbers retail space for sale in bricklane
A fantastic opportunity has arisen to acquire a barber shop located in the bustling heart of Shoreditch, London, specifically on the iconic Brick Lane. This area enjoys a high volume of foot traffic, guaranteeing a steady stream of potential customers. The barber shop is well-established, having been in operation for one year, and the current owner is seeking to sell due to the demands of managing multiple businesses.
The business boasts a number of key advantages that make it an appealing investment. Firstly, the shop is fully fitted and operational, providing an inviting space that is conducive to customer footfall. With two experienced employees already in place, the barber shop ensures service efficiency and maintains a reputation for offering premium quality haircuts. The shop's interior includes professional styling stations and is equipped with all necessary facilities and utilities, which have been well maintained.
Furthermore, the location benefits from nearby amenities, including shops, restaurants, and public services, which enhance its attractiveness to prospective clientele. Interestingly, there is minimal competition in the area, giving this barber shop a significant edge in the market.
Financial Overview
The leasehold price for this thriving establishment is £80,000, with a current turnover of £72,800. The annual rent stands at £36,000, making it a viable option for entrepreneurs looking to enter the barbering industry.
Support for New Owners
The current owner is committed to ensuring a smooth transition for the new proprietors and will offer training opportunities to help them acclimate to the business operations. Additionally, the barber shop has a solid online presence, effectively reaching new customers and elevating brand visibility. The asking price is negotiable, making this enticing opportunity even more accessible for potential buyers.
In summary, this barber shop in Shoreditch combines a prime business location, experienced staff, and an established customer base. Its fully equipped interior and maintained facilities further strengthen its appeal as an investment for those seeking to make their mark in the eccentric and vibrant London barbering scene.
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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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