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Barbershop for sale in central London with growth potential and strong customer reviews

City of London, LondonEst. 5 years
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Barbershop in central London Barbershop in central London Barbershop in central London Barbershop in central London Barbershop in central London Barbershop in central London Barbershop in central London Barbershop in central London Barbershop in central London Barbershop in central London
  • Status

    FOR SALE

  • Advert ID

    655210

  • Leasehold: £25,000
  • Rent: £23,000 (£1,917 per month)
  • Turnover: On request
  • Profit: On request

Key Features

  • Flexible space for additional services
  • Strong community reputation
  • Ideal for various businesses
  • Immediate operational capabilities

Business Details

Barbershop in central London

Situated in a bustling area of central London, between King’s Cross and Farringdon, this acclaimed barbershop has been trading successfully for five years. With a consistent track record of growth and an impressive collection of five-star reviews, this represents a fantastic opportunity for a new owner to build on the established success of the business.

Currently featuring three barber chairs, there is ample opportunity to expand further by adding more stations. Additionally, a spacious studio area located at the back offers versatility, allowing for a range of possible uses that could further enhance the business's offerings.

The barbershop benefits from a prime location that boasts excellent storefront visibility and substantial foot traffic, which is crucial for attracting new clients. The interior showcases a modern design, complete with stylish barber chairs and tasteful décor, creating an inviting atmosphere for customers. Essential amenities include a dedicated shampoo area and restroom facilities, which enhance the overall client experience.

Established and Growing

The business already has a strong, established customer base, coupled with significant potential for further growth. It is equipped with high-quality professional tools and products, ensuring that the services provided meet the highest standards. Over the past year, the shop has seen an increase in turnover, indicating a thriving operation.

Community and Competitiveness

Located in a vibrant area with plenty of nearby amenities, including shops and restaurants, this barbershop benefits from a strong community reputation. Although there are a few competitors in the vicinity, the shop's unique charm and established track record position it favourably in the market. All fixtures and fittings are included in the sale, ensuring a seamless transition for the new owner.

Future Potential and Support

The owner is moving out of London, creating an opportunity for someone passionate about the grooming industry to take over. The business has a robust online presence, being active on platforms such as Google, Booksy, Facebook, and Instagram, which could be leveraged to drive further growth. The outgoing owner is also willing to provide training and support to ensure a smooth handover, enabling the new owner to hit the ground running.

This barbershop is not just a business; it’s a chance to embrace a lifestyle and personal passion. With a reputation for providing premium-quality haircuts and an attractive environment for clients, the potential for franchise opportunities and expansion into additional services is vast. The asking price is negotiable, inviting motivated individuals to consider this promising venture.

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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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