Long established and highly reputed business
Genuine reason for sale due to retirement
Early viewing essential to fully appreciate
Situated in the bustling town of Newport
Advised annual turnover of 35,000
Scope for further development
Currently run at a pace to suit
Meridian Business Sales are delighted to offer for sale this superb barbers shop which has been established since the 1960's and has been in the careful hands of our clients since 1986. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £35,000 which is derived from the provision of a full range of hair services including colours, cuts and styling. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. There is huge scope to increase turnover by introducing services to female clients such as perms, colours, styling and hair treatments etc. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
This barber shop has an ideal location situated in the town of Newport in Gwent. The business is situated on a main through road which links the neighbouring town and villages and sees a healthy amount of passing motorists on a daily basis. The business is surrounded by a good selection of commercial businesses along with residential properties which brings a high amount of footfall throughout the year. Newport is a fantastic place with many towns, villages and cities close by including Bristol and Cardiff which are all within a short driving distance. The area also benefits from being situated close to the M4 which makes visiting and commuting very easy.
Leasehold Term: Leasehold To be negotiated Rent: £10,400pa
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