Longstanding Barbershop in the West Midlands

Willenhall, West Midlands
REF: S07029

Asking Price:
£14,995
Annual Turnover:
£43,114
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: S07029
Photo of Longstanding Barbershop in the West Midlands
Photo of Longstanding Barbershop in the West Midlands
Photo of Longstanding Barbershop in the West Midlands
Photo of Longstanding Barbershop in the West Midlands

Overview

Tenure:
Leasehold
Established:
1970
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge growth potential
  • Friendly & Professional Team
  • Strong Supplier Relationships

Established in 1990 the business for sale is a well established barbershop in a prime market town location in Willenhall, in the West Midlands

Situated in a high street position, a new buyer will benefit from a reputable establishment with a loyal, returning customer base The business currently operates a barbershop but has scope to expand towards providing other services

An interested buyer is now presented with well equipped premises in an accessible location, as well as a team of experienced staff, to grow this venture further The salon is now for sale on a leasehold basis.

The salon operates from a single fronted store, in a terraced position. Externally, the brand name is listed overhead in a classic, traditional typeface. The premises is set on 2 floors; through the entrance on the ground floor there is the main shop floor where there are 4 workstations, a front and back wash and a small furnished waiting area.
On the second floor there is a ladies salon which will not be included in the sale and is to be discussed at the meeting with the buyer. There is also a small kitchen and toilet on the same floor for staff only.
All equipment is contained within the sale including all chairs and furnishings, the front and back washes, all mirrors, stands and displays.

Ideal for a current hair stylist or salon owner looking to expand, a new proprietor could develop the business further if they wished to do so.
Offering packages and deals would be ideal in attracting new custom and introducing beauty services could help to exploit the current customer base.
Additional marketing through implementing a website and utilising social media platforms to their full potential would also grow the business’s influence further.
Intelligent are searching for a suitable buyer. The current owner is willing to negotiate a transitional period, if needed.

Location

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  • Close to Local Businesses
  • High Street Location
  • Nearby Car Parking
  • High Footfall
  • Good Transport Links

Property

Annual Rent
£9,900
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

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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