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Barber Shop for Sale in New Cross London with Loyal Clientele and Low Competition

New Cross, London

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    652129

  • Leasehold: £55,000
  • Rent: £15,900 (£1,325 per month)
  • Turnover: £130,000 (£2,500 per week)
  • Profit: On request

Key Features

  • Long trading history
  • Low overhead operating costs
  • Opportunity for investment return

Business Details

Barber Shop in New Cross

Situated in the vibrant neighbourhood of New Cross, this well-established barber shop has been serving the community since 2017. With two dedicated employees, the business has developed a loyal clientele, benefitting from a long trading history and low competition in the area. This combination ensures that the barber shop stands out, making it a prime opportunity for prospective buyers.

The barber shop is strategically located near various amenities, including shops, restaurants, and public services, all of which attract foot traffic and enhance customer engagement. With a current turnover of £130,000 and an annual rent set at £15,900, the financial stability of this business is clear. This leasehold opportunity is available for the price of £55,000, which includes all stock, making it an enticing proposition for those looking to enter the barbering industry or expand their existing portfolio.

**Key Selling Points**

  • A long-standing history in the community
  • Minimal overhead operating costs that optimise profitability
  • Strong potential for a return on investment
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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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