Barbershop for sale in Biggin Hill, Westerham Kent, with 22 years of service and client base.
Westerham, Kent
- Status
FOR SALE
- Advert ID
645826
- Reference
B09401 / Rightbiz
- Call Agent:
- Leasehold: £59,999
- Turnover: £54,000 (£1,038 per week)
- Profit: £30,000 (56% Profit margin)
Business Details
Sharp Opportunity Awaits – Established Barbers in Biggin Hill
BusinessPlease quote reference B09401
CoGoGo proudly presents to the market Lee’s Barbers, a well-established and reputable barbering business located in Biggin Hill.
Trading successfully for over 22 years under the same ownership, the business has built a loyal and consistent client base. The barber specialises in traditional and modern haircuts, serving a broad demographic from the local community.
This is an ideal opportunity for a hands-on barber seeking a profitable, straightforward business with strong foundations. The sale is due to the owner relocating and living too far from the premises.
Early viewing is highly recommended.
Location
The business occupies a visible position on a main road in Biggin Hill, benefiting from passing trade and strong local support. The area is well-served by nearby residential housing and complementary businesses, driving consistent footfall.
Premises
The premises comprise a well-presented barber shop, fitted with multiple cutting stations, a customer waiting area and essential equipment required for day-to-day trading. The unit is arranged for efficient workflow and is ready for immediate continuation of trade.
The premises also offer a generous internal layout, with a noticeable amount of unused space currently not fully utilised. This presents clear scope for reconfiguration or expansion of additional cutting stations or services, subject to the relevant consents. With the right operator in place, there is strong potential to increase capacity and turnover.
Tenure
We are advised that the business is being sold on a Leasehold basis.
Rent is £15,000 per annum. The business benefits from 100% Small Business Rates Relief and is therefore currently exempt from paying business rates.
We are advised that approximately 4 years are remaining on the current lease.
Hours
The current operating hours are:
Monday & Tuesday: 6:00 am to 4:30 pm
Wednesday: Closed
Thursday: 6:00 am to 4:30 pm
Friday: 6:00 am to 3:30 pm
Saturday: 6:00 am to 2:00 pm
Sunday: Closed
The business currently operates limited trading hours, with the shop closed on Wednesdays and Sundays. There is a clear opportunity to extend opening hours and increase trading days, which could significantly enhance turnover under proactive new ownership.
Staff
The business is operated by one working owner.
Financial Profile
We are advised that the business generates an annual turnover of approximately £54,000, with a reported net profit of £30,000.
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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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