Business Sale Overview:
For sale is a barber shop business that the current owner has had since 2018..
This is a business that holds an ideal trading position. This is a sale due to the owner looking to retire.
Business Sale Description:
With a fantastic reputation and a loyal customer base, it's a great opportunity for any buyer looking for an existing, successful business to walk into.
This is a fantastic opportunity to walk straight into a nicely fitted out Barbers. 23 m2 shop, rent £600 per month, no business rates, one year lease left with the option to take a new lease. Free Tesco parking opposite the shop.
The business’s convenience has made it popular among the locals and the business has generated a strong turnover by maintaining low overheads. This business presents a lucrative opportunity for a new buyer.
Tenure: LEASEHOLD (1 YEAR REMAINING AND NEW LEASE AVAILABLE)
Annual Rent: £7,200
Annual Turnover: £21,000
Annual Net Profit: £13,000
The vendor is looking for a quick sale due to looking to retire and this thriving little business is on the market for a greatly reduced price. The perfect opportunity for first-time buyers or those looking for an affordable but well-established business. This is a rare chance to acquire one a fully operational business for an excellent price.
Improving the current advertising techniques would massively help the business to grow also, there is no advertising in place, apart from word of mouth and no visible online presence, so by creating a website and a social media platform such as Facebook business page would also allow for more revenue.
Key Features
With Car Park
Potential for Alternative Use
Central Position in Affluent Village
Town Centre location
Adjacent to Multiple Retailers
Close to Local Amenities
Fully Fitted
Business has got 3 workstations with 2 currently being used. 4 chairs in the waiting area.
The vendor is open to all enquiries and a viewing of this wonderful business opportunity is highly recommended.
Location Details:
This is a business that is located in Ferndown, Dorset.
Leasehold Term:
1 year remaining possible new lease available