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Barber shop for sale in Welling London called The Ace of Barbers with a loyal clientele.

Welling, London
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  • Status

    FOR SALE

  • Advert ID

    652036

  • Leasehold: £75,000
  • Rent: £14,000 (£1,167 per month)
  • Turnover: £135,000 (£2,596 per week)
  • Profit: £105,000 (ROI 140% • Payback 0.71 years)

Business Details

The ace of barbers

Take advantage of a fantastic opportunity to acquire a modern and well-established barber shop situated at 62 Wrotham Road, Welling, DA16 1LN. With an asking price of £75,000, this business has been thriving for approximately 18 months, cultivating a loyal customer base that guarantees repeat patronage.

Strategically located on a busy road, the barber shop benefits from excellent visibility and a strong local footfall. The premises are fully equipped and ready for a new owner to begin operations from day one, ensuring a seamless transition and immediate income potential.

This barber shop boasts numerous attractive features: it is outfitted with three professional barber chairs, showcases a modern and appealing interior, and has a solid foundation of returning clientele. The shop operates as a turnkey business, requiring no additional investments for refurbishment or upgrades.

Financial Overview

Financial performance highlights indicate a weekly turnover ranging between £2,500 and £2,800, alongside an annual rent of £14,000. The asking price of £75,000 speaks to the business’s profitability and potential for growth.

Inclusions with the Sale

The sale includes all essential furnishings and equipment to facilitate ongoing operations. This encompasses three barber stations and chairs, mirrors, workstations, reception and waiting area furniture, as well as fixtures, fittings, and established business goodwill.

This barber shop presents an ideal opportunity for an owner-operator, an experienced barber, or an investor interested in a growing business within a popular community. Given the absence of significant competition in the area and proximity to local amenities such as cafés, shops, pharmacies, and schools, the potential for further growth remains substantial.

Reason for Sale and Viewing

The seller is willing to provide reasons for the sale upon request, with viewing strongly recommended for interested parties. This well-established shop promises a modern and stylish working environment, enhanced by ample natural light, comfortable facilities, and a diverse range of high-quality grooming products. Currently boasting a robust online presence, the business is well positioned for future enhancements.

If you are looking for a thriving venture in the heart of Welling, do not miss this chance to make it yours.

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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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