Popular Barber Shop for Sale in Glasgow

Glasgow, South Lanarkshire
REF: INT2647

Asking Price:
£55,000
Annual Turnover:
£60,000
Annual Net Profit:
£30,000
Featured
REF: INT2647
Photo of Popular Barber Shop for Sale in Glasgow

Overview

Tenure:
Leasehold
Established:
2001
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Spacious Premises

Now on the market is a popular gents barber shop with a strong client base of long-standing customers from this specific part of Glasgow.

The barbers offers a variety of cut and styling services, alongside fantastic customer service, friendly staff and great value for money. They have a very efficient booking system for regulars, and are also available for walk-ins (forming the majority of business). They benefit from heavy footfall due to being located near other independent companies.

Although other competitors are present, the business has its niche, not just for being a traditional barbers but also with clients wanting colour services and perms. Their fantastic reputation is reflected through a 4.9* rating on Facebook and 4.6* on Google.

With an established customer base and reputation, this barber shop would be a strong business venture to develop.

Located in the Rutherglen district, a short walk away from key transport links in South West Glasgow, the barbers is located within a small parade of shops benefitting from high footfall.

This is a three-storey terrace of shops, with the barbers occupying the ground floor plus a basement that could be used for storage. The salon is decorated to a high standard throughout with 3 hair stations, a reception desk, 2 couches and another chair for waiting customers, plus one backwash sink. To the rear is a staff/customer toilet, a back-shop with shelving and appliances.

There are currently 3 hair stations within the barbers but there is room for one more, increasing profit with an additional member of staff.

It is currently being run as a traditional barbers and although they offer colours and perms, there is scope to expand to a wider range of gents styles. There is also scope to add retail products.

Features

Key Information

  • Treatments Offered: Hair - Men's Cuts, Hair - Perms
  • Treatment Stations: 3
  • Reception Area: Yes
  • Product Sales: Yes

Reputation

  • Google: 4.6

Online Presence

  • Facebook: Yes

Location

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  • High Street Location
  • High Footfall
  • Nearby Car Parking
  • Good Transport Links

Property

Annual Rent
£9,000
Annual Rates
TBC
Lease Term (Years)
3
Lease Expiry (Year)
2025
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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