Well-Equipped & Friendly Barber Shop in Cardiff

Cardiff
REF: INT1928

Asking Price:
£30,000
Annual Turnover:
£77,500
Annual Net Profit:
£31,000
Reduced
REF: INT1928
Photo of Well-Equipped & Friendly Barber Shop in Cardiff
Photo of Well-Equipped & Friendly Barber Shop in Cardiff
Photo of Well-Equipped & Friendly Barber Shop in Cardiff
Photo of Well-Equipped & Friendly Barber Shop in Cardiff

Overview

Tenure:
Leasehold
Established:
2018
  • Excellent Reputation
  • Very Loyal Customer Base
  • Well Equipped Business
  • Equipment Included

This is a unique opportunity to acquire an established and friendly barber shop, located in Cardiff.

First established in 2018, the business has experienced significant growth and success since its opening in 2018, whilst also building up an excellent reputation for their trustworthy services.

This reputable barber shop has been popular since opening but has become especially renowned with the local students, who now comprise 60-70% of their clientele.

The company has an excellent reputation due to its friendly and positive approach, best known for their versatile service, offering both classic and creative styles to suit all.

Offering a 5-star service at affordable prices in a relaxing and comfortable environment, this well-equipped and successful business would be perfect for someone in the health and beauty sector.

This business operates from an ideal location in Cardiff, situated in a residential area close to the university. Based in Cathays, the shop is within close proximity to the Student's Union and attracts a high volume of trade from students in the area. As there is such brilliant rate of passing footfall, there should be a wealth of custom for the new owner.

The business comes with all equipment included, which should ensure the new owner can begin work immediately following the acquisition.

This business has its own staff parking, which is beneficial due to the difficulties of parking in this area. The barber shop has a quality CCTV system that has 5 cameras, ensuring the safety of the property.

The current owners are happy to offer an initial transitional period, to ensure a smooth and efficient handover.

This would be a perfect opportunity for a hairdresser or someone looking to enter the industry, who is wanting to purchase a well-equipped and established business.

There is huge growth potential with this business, as there is a massive opportunity to build on this company’s long-standing and excellent reputation.

The new owner could also opt to employ members of staff, which would enable the business to grow further and reach more clients.

The business already has an excellent, easy-to-use website, Facebook page and Instagram, but it may be beneficial to stay up to date with latest trends and current offers that the barber shop has to offer via its socials.

The business has the option to extend opening hours and could consider opening on a Monday.

Features

Key Information

  • Treatments Offered: Facial Hair Grooming, Hair - Men's Cuts
  • Treatment Stations: 2
  • Reception Area: Yes
  • Product Sales: Yes

Reputation

  • Google: 4.8

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Website: www.shermanbarbers.co.uk

Location

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  • Residential Location
  • Close to University
  • On-Site Car Parking
  • Good Transport Links
  • Limited Competition

Property

Annual Rent
£12,000
Annual Rates
TBC
Lease Term (Years)
4
Lease Expiry (Year)
TBC
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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