Featured Brokers
CONFIDENTIAL
FOR SALE
646606
Discover a fantastic opportunity to acquire a well-established barber shop in the heart of Chingford Hatch, London. With 25 years in operation and 20 years under the current ownership, this thriving business not only boasts a loyal customer base but also presents significant growth potential for the right entrepreneur.
The leasehold for the barber shop is competitively priced at £30,000, with a current turnover of £67,000. The annual rent is also set at £67,000, while the profit margin stands at an impressive £57,000. This financial foundation speaks volumes about the business's profitability and viability in a competitive market.
Included in the sale are all fixtures and fittings, as well as inventory, making it a turn-key operation for the new owners. While the shop currently does not have an online presence, there is a tremendous opportunity to expand its reach through digital marketing and social media. Additionally, the current owner is committed to providing training to ensure a smooth transition for the new proprietor.
Comprehensive Service Offerings
The barber shop excels in various services, including beard grooming and maintenance. It skilfully manages a combination of walk-in clientele and pre-booked appointments, facilitating a steady flow of customers. Its reputation for excellent customer service and high-quality grooming has established it as a cornerstone of the local community, making it an attractive option for prospective buyers.
Positive Community Impact
This barber shop not only has an excellent local reputation but also enjoys high visibility on the street, attracting both regular clients and new walk-ins. The business's established goodwill, combined with positive customer reviews, ensures that it is well-recognised within the community. There's a distinctive opportunity to build upon this legacy and explore niche markets that are currently underrepresented.
Perfect for Entrepreneurs
This offering is ideal for those seeking to embark on an entrepreneurial venture, whether to maintain its current operations or expand services. With significant weekly and monthly revenue potential, coupled with a fully equipped environment featuring premium equipment, the barber shop stands out as an excellent investment opportunity.
Given the genuine reason for sale, this is a rare chance to step into a successful, well-loved business in Chingford Hatch. Don't miss out on this opportunity to own a profitable barber shop that is ready for the next chapter of growth and success.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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