Established & Friendly Barber Shop in Newcastle Under Lyme

Newcastle Under Lyme, Staffordshire
REF: INT1823

Asking Price:
£37,500
Annual Turnover:
£50,000
Annual Net Profit:
£22,600
REF: INT1823
Photo of Established & Friendly Barber Shop in Newcastle Under Lyme
Photo of Established & Friendly Barber Shop in Newcastle Under Lyme
Photo of Established & Friendly Barber Shop in Newcastle Under Lyme
Photo of Established & Friendly Barber Shop in Newcastle Under Lyme

Overview

Tenure:
Leasehold
Established:
2014
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Low Overheads
  • Well Equipped Business

This is a unique opportunity to acquire an established and friendly barber shop, which has an ideal location in Newcastle-under-Lyme.

The business was first founded in 2014 and has operated successfully since its creation, whilst also gaining a loyal, repeat customer base and building up an excellent reputation for their high-quality services and caring approach.

They prioritise offering their customers a wide range of detailed services, including haircuts, skin fades, buzzcuts, beard trimming, shampooing, and much more.

The barber shop operates from fully equipped premises, providing a clean and relaxing environment for customers.

With huge potential for growth and low overhead costs, this would be the perfect opportunity for a barber, who is looking for their own successful business.

The barber shop has an ideal location in Newcastle-under-Lyme and is situated on a busy road in a large, residential area. There is free customer parking to the rear of the premises, as well as an area for gated staff parking. Most importantly, there is a high volume of passing footfall, which should ensure plenty of trade for the new owner. The property has two treatment stations for haircutting and a washbasin for shampooing.

The business comes incredibly well-equipped, which means the new owner will be able to begin work immediately following the acquisition.

The website, Facebook page, and client database will transfer over with the business sale.

This would be the perfect opportunity for a barber, who is looking for an established barber shop with a regular, local client base.

There is huge potential for growth with this business, as there is a massive opportunity to add additional services and increase product sales. Furthermore, the property has plenty of spare room, which means the new owner could opt to install additional treatment stations.

The business already has a brilliant, easy-to-use website and a popular following on their Facebook page. These platforms act as an excellent sales window for the business. It would be highly beneficial if the new owner continued to utilise and optimise these online channels. It could also be a great idea to also operate an Instagram page, to attract more clients.

Features

Key Information

  • Treatments Offered: Hair - Men's Cuts
  • Treatment Stations: 2

Reputation

  • Google: 5

Online Presence

Location

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  • High Street Location
  • Close to Local Businesses
  • Close to Schools
  • High Footfall
  • Nearby Car Parking

Property

Annual Rent
£6,730
Annual Rates
TBC
Lease Term (Years)
4
Lease Expiry (Year)
2025
Accommodation Included
No
EPC Rating
B 26-50

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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