Established Barber Shop in Lancashire

Hesketh Bank, Preston
REF: S05926

Asking Price:
£49,995
Annual Turnover:
£60,282
Annual Net Profit:
£25,126
REF: S05926

Overview

Tenure:
Leasehold
Established:
2001
  • Affluent area
  • Room for premise expansion
  • Housing development being built nearby
  • Excellent reputation
  • Low-priced rent

Established in 1998, this well-designed barber shop has been offering male hair grooming services within the area of Lancashire.

For 20 years, the traditional barbers have built up a strong clientele base and has established itself as a household name regarding premium quality male grooming.

With moderate overheads and a firm foundation set, this barber’s presents a rewarding opportunity for a new buyer and is bursting with further growth potential.

The premises are based on a busy main road, operating from large, spacious grounds. The entrance starts with a small corridor leading to the door into the barbers. Inside, there are 3 stations with a fourth in a separate room at the rear. Further along, there is a small kitchen, back yard and toilet for staff to use.

The barbers benefit from its position and as there is room for expansion inside, a new owner has the potential to expand operations further. The business is highly visible on the road and there is a housing development being built nearby, creating 200+ houses; the barbers would become a residential attraction for the gents living there.

The ideal new owner would be someone dedicated to male grooming and its products or with solid experience within the male grooming industry.

Ample opportunity for this business to grow exists to a potential buyer. Increasing the workload by employing more barbers would allow lots more customers to be seen at one time, increasing efficiency and profit. Its online presence could be strengthened through an interactive website, which could allow customers to make appointments online or purchase grooming products.

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  • Affluent area
  • Residential area
  • Good transport links
  • Busy main road
  • High footfall
Rent
£9,176
Rates
TBC
Lease Term
TBC
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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