Barber Shops for sale in Portsmouth

View the "Ali Gee Barbers Portsmouth Hampshire PO2 9AE." below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Leasehold Price: £54,950 Turnover: £70,000 Gross Profit: £62,000
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Business Description
Business
Hilton Smythe welcomes to the market Ali Gee Barbers, established by our client in 2010 and now offered for sale due to our clients wish to move to a new country.

Highly renowned in the area, the business is 1 of the best barber shops in Portsmouth.

They offer professional barbering services including gent’s haircuts, beard line up with razor, beard shave, face threading, full head shave, hot towel shave.

They have special rates for OAPs from £5, kids haircuts at £6.99 and men's haircuts from £7.99.

They offer a consistent walk in trade from local residents, business people and retail workers and students.

Our client employs self-employed garages who work on a 60/40 sales split.

There is an excellent website included in the sale, an active Facebook page with 372 followers which includes a 5-star review rating!

Opportunity to increase current sales through a local leaflet drop and adding a further barber to the team.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Ali Gee Barbers is located on the busy London Road in Portsmouth, Hampshire.

The business is centrally located on a parade of local shops and benefits from free parking directly outside and in the adjacent streets.

Portsmouth is a famous port city known for its maritime heritage and historic dockyard and home to the National Museum of the Royal Navy, It has become an excellent place for learning with Universities which attracts students from across the world.

The business is central to both the city centre attractions and a large residential area.

London road (A2047) links directly to the A27 and M27 cross country motorway linking Portsmouth to Southampton in the west and Chichester in the east.

The business sits between Hilsea main line train station and Fratton station with all main bus routes passing directly outside leading into the city centre.

Premises
Customer waiting area to the left with leather fixed seating, wall mounted tv.

4 barbering stations with professional barbering chairs, a full length fixed shelving unit, mirrors and separate kids chair to the left.

Till, card machine.

2 x camera point cctv.

Rear staff area includes kitchen area, staff room, staff storage facilities and toilet.

External - small shared garden area.

Tenure
We are advised the business is being sold as a leasehold opportunity.

A new long lease will be available to any new buyer with a yearly rent paid of just £6,000.

We are advised the business benefits from full small business relief paying £0 rates for the current year.

Hours
Monday to Sunday, each day opening 9.00 am to 8pm each day.

Staff
The business is run by our client, with the help of 4 self-employed Barbers.

Financial Profile
Ali Gee Barbers generated a turnover in the region of £70,000 in 2017 with a gross profit of around £62,000. Our client advises the adjusted net profit is between £10-£15,000 with included assets of approx. £10,000.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04173
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