Barber Shops for sale in London

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Very Busy Gents Barber Shop Next to Tube Station in South West London

London, England

  • Leasehold Price: £110,000
  • Annual Turnover: £130,000
  • Annual Net Profit: £91,000
Seller Reference: 62394-252356
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Business Description
 
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Seller Reference: 62394-252356
Request Details
Business Description
A splendid barber shop with a solid and loyal customer base. The shop occupies an outstanding business position in a prime South London location literally a few meters away from an underground station. The business is very well known in the area and commands a prominent position in a sought-after location.

This business is offered for sale due to the owner to retiring after 9 years of working in the shop.

This is an excellent opportunity to acquire a well-established barber shop with a thriving business ripe for further development at an extremely attractive asking price and with huge turnover potential.

Asking Price - £110K

Potential Down Payment - £35K (subject to qualification)

Revenue - £130K annually

Discretionary Earnings - £91K

Key Features:
• Vibrant current business in a very busy high street location very close to an underground station
• Well presented, well-maintained
• Thriving volume business
• Longstanding presence and reputable stance with loyal client base
• Realistic asking price

Property Details: Leasehold

Location: Prime South West London High Street only a few meters away from an underground station. The business occupies an outstanding and prominent trading position on a parade of shops and businesses at the heart of the area with close parking to the front of the shop and ample on-street parking in the immediate area.

Reason for Sale: Retirement

Premises Details: The shop is at a good standard with appropriate fixtures, fittings, furniture, and equipment.

Competitive Overview: Location is on a very desirable high street in South West London. The sheer volume of footfall offsets the fact that there are other barbershops in the area.

Potential Growth: As the area has enough traffic to support other barber shops, there is significant scope for a new owner to develop angles to drive and increase in customer base.

Business History: The owner has been in the business for 9 years and is looking to retire.

Our View:
This is an unusual opportunity to acquire a location that does not come up for sale often with an established, thriving business with genuine and significant future potential.

Early viewing is very highly recommended.

PLEASE NOTE:

For additional details or to arrange to view the business, please contact Transworld Business Advisors UK on +44 (0) 1372 540 989 or via email at nsaleh@tworlduk.com

To arrange for a viewing or for any other enquiries, please get in touch!
Tenure:
Leasehold
Listed by:
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