FOR SALE
650649
This is an exceptional opportunity to acquire a well-positioned barber shop with significant development potential. The shop boasts rear access and an expansive back space that could be converted into a one-bedroom flat, subject to planning permission. Additionally, it features a large basement, providing valuable options for storage or workspace, further enhancing its appeal.
This barber shop serves as a fantastic investment for barbers, entrepreneurs, or property investors seeking a business with robust growth potential and future value. It is a rare chance to secure a versatile commercial space that offers multiple income possibilities.
The establishment comes with a modern interior design that creates a vibrant atmosphere, making it an inviting place for customers. It is well-equipped with high-quality barber chairs and professional grooming products, ensuring a premium service experience. Its prime location, characterised by high foot traffic, guarantees a steady influx of customers. The facility includes a spacious waiting area and well-maintained amenities, such as a restroom, adding to the overall customer experience.
Established and Competitive
Having been established for one year and owned by the current proprietor for the same duration, the barber shop has successfully integrated into the local community. Notably, there are nearby amenities, including shops and restaurants, that attract additional customers. The competition in the area is low, which presents a unique advantage for anyone looking to enter the market. Fixtures and fittings are included in the purchase price, adding value to the overall deal.
Growth and Expansion Potential
While there has been no recorded increase in turnover over the past year, the business presents considerable potential for growth. Opportunities for expanding services and implementing new marketing strategies are readily available. Although the current owner is selling due to time constraints, as they own another shop, they are open to providing training opportunities for new owners upon request. The business currently has no employees, which may simplify operations for the new owner.
Key Features
The barber shop offers an array of features conducive to business success: ample room for growth, a strategic location in a busy area, secure and accessible premises, a sensible rental agreement, and an operational six days a week. Additionally, it includes a small kitchen area and a spacious, well-equipped interior. The stock is included at valuation, with storage options available to ensure efficient operations. This combination of features makes it an attractive prospect for aspiring owners.
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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