Barbershop for sale in Taunton Somerset with customer base and growth potential
Taunton, Somerset
- Status
FOR SALE
- Advert ID
652250
- Leasehold: £105,000
- Rent: £8,400 (£700 per month)
- Turnover: £178,000 (£3,423 per week)
- Profit: On request
Key Features
- Inviting customer atmosphere
- Opportunity for new lease
- Opportunity for self-employment
- Positive growth trend
Business Details
Established Profitable Barbershop for sale
Seize a rare opportunity to acquire one of Taunton's most established and respected barbershops. Trading successfully for seven years, this profitable, turnkey business boasts a loyal customer base, a skilled team, and an excellent reputation within the local community.
The barbershop has been fitted and furnished to a high standard, featuring five classic barber chairs and a comfortable waiting area. Its distinctive, characterful interior enhances the customer experience, making it a welcoming space for clients to enjoy. The business currently operates with six full and part-time staff, who work on a commission basis, allowing for smooth operations with minimal owner involvement.
Some of its key strengths include an exceptionally low monthly rent of just £700—accounting for less than 5% of gross turnover—an active customer database of 2,300 clients, and an established online booking system. This ready-made platform facilitates marketing, promotions, and future growth. The barbershop also benefits from a complete, recognised brand, which includes a dedicated website, further boosting its visibility.
The shop features a modern and inviting atmosphere, underlined by two vintage barber chairs that offer a classic grooming experience. Equipped with an array of high-quality grooming products and tools, the shop is designed for both comfort and functionality. Its convenient high street location affords easy access and visibility, driving foot traffic and attracting potential customers.
Potential for Growth
With an existing customer base and various service offerings, there is significant potential for growth. The current owner is looking to sell due to family reasons and is willing to ensure a smooth transition by remaining available for training and support for the new owners.
The barbershop is available as a leasehold for £105,000, with a current annual turnover of £178,000 and an annual rent of £8,400. All stock is included in the purchase price.
Additional Highlights
- Welcoming customer atmosphere
- Opportunity for a new lease
- Self-employment potential
- Positive growth trend
- Professional and secure environment
- Renewable lease options
- Smooth transition for new ownership
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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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