Reputable Barber and Tattoo Studio in Suffolk

Bungay, Suffolk
REF: S07285

Asking Price:
£75,000
Annual Turnover:
£42,827
Annual Net Profit:
£19,804
REF: S07285

Overview

Tenure:
Leasehold
Established:
TBC
  • Great reputation
  • Central location
  • Unique offering
  • Modern, well-equipped premises
  • Professional, experienced team

This is a great opportunity to take on a reputable barber and tattoo studio in a great position in a town in Suffolk.

Trading since 2010, the business has built up a sizeable customer base through its lengthy standing within the local community, affording it an excellent reputation.

As it is the only business that offers both affordable haircuts and professional, well-done tattoos in the town, it is unique to the area. A new owner would take on a central, well-equipped premises and repeat customer base to continue trading effectively.

For approximately nine years, the business’s team of one full-time and two part-time employees deliver a friendly, welcoming service, making clients feel completely at ease and tailoring each haircut/tattoo to their individual requirements.

The premises itself boasts a sleek, contemporary design. Externally, opening times are displayed on the window, as well as the business name and price for over 65s. Inside, the ground floor hosts the main salon area upon entry, with a waiting area to the left and a total of three hair stations and one washing station straight on. The backroom is used as a tattoo studio and is rented out to an individual tattoo artist, bringing the business a rental income.

The business promotes itself through Facebook, with over 380 followers. Customers can also utilise its online booking platform to book an appointment, inclusive of children’s cuts, wet and dry cuts, clipper cuts and beard trims.

This is a brilliant opportunity to take on a well-established barbers and tattoo studio with a fantastic reputation in the area and a strong base of clients.

Ideal for a current barber or tattoo artist looking to take on a profitable venture, a new owner could take steps to grow the business further.

Hiring more staff and increasing the number of hair stations would allow more clients to be seen at once. Alternatively, chairs could be rented out to individual stylists to keep overheads low. Additional marketing through other social media channels would be a great way to advertise the business’s offering to a wider audience.

The current owner is willing to stay on for a transitional period in order to hand the business over smoothly to its new owner.

Loading...
  • Situated on main road
  • Close to local businesses
  • High levels of footfall
  • Parking nearby
  • Town centre location
Rent
£8,000
Rates
£478
Lease Term
TBC
Lease Expiry
TBC
Square Footage
TBC
Accommodation Included
No
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
XXXX

Refine

Miles
£
£
£
£
Timed popup