Business Hilton Smythe welcomes to the market The Mens Room. The barbers were originally established in this location by our client in 2008. The owner has run this business to an exceptional standard. Our client is now reluctantly looking to sell the barbers, due to ill health.
The business is run as a men’s hairdressers, in the town centre of Bowness-On-Windermere. This is a popular barbers that receives a generous amount of repeat loyal trade. There are various services available including cut throat razor shaves.
The Mens Room is currently generating an advised turnover of around £47,000 per annum, with a gross profit of 96%, as of 2016 accounts. The business is currently run by our client only. The new owner should look to hire more members of staff to allow for an increase in custom each day. This is an excellent sized property, perfect for the trade. There are spaces for two more stylists.
There is a separate room from the barbers, this is let out monthly to a chiropodist for £320 per month. This is an excellent monthly income; however, this room could be used by our client if required.
The business has a Facebook page which is regularly updated. This is great for business and a cost-effective way of advertising. The new owner should continue this form of marketing and could also introduce a website.
The property has been completed to a very high standard and is ready to run. All equipment is included in the sale.
This is a fantastic leasehold opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.
Location The Mens Room is located in Bowness-On-Windermere, Cumbria.
The business is set in a retail precinct amongst a variety of stores. This is a fantastic location for a busy barbers shop, due to the heavy footfall and passing trade that visits this area. The precinct is in the town centre of Bowness-On-Windermere. This is a bustling town with ample amounts of parking.
Bowness-On-Windermere is a great tourist location that attracts thousands of visitors each year. The town is the most popular location in Cumbria. The lake is the biggest attraction in the town, being one of the main outdoor activity sites in the UK. There are many water sports that take place here.
The business is set on an arterial road in the town centre, this road runs from Bowness Bay up to Windermere, where the road then connects to the A591. The town has generous public transport with ferries running from the pier across the lake, bus stops dotted around the town and the closest train station being in the centre of Windermere, a short 10 minute drive away.
Premises The Mens Room boasts a double fronted lock up shop with main door into shop. The property looks well-presented with signage in the windows.
The premises briefly comprises of: -
Reception/waiting area with sofa, counter and wall mounted flat screen TV.
The inside of the property is bright, finished with laminate flooring and white walls. There are three hairdressing stations, two cut throat razor shaving stations and one backwash.
There is a separate room for chiropodist. This is to the left of the shop. This space is rented out for £320 per month.
There is a staff kitchen and toilet to the right-hand side of shop.
Equipment included in the sale, is as follows-
Tenure We are advised the business is being sold as a Leasehold opportunity.
Original lease length: 10 years Remaining lease length: 2 years as of 2016. Rent: £7,500 per annum