For Sale
High End Mens Barbershop For Sale
London, Greater London
- Asking Price: £270,000 +SAV
-
Turnover:
Further financials can be made available.
- Tenure: Leasehold
Please quote reference B07780
CoGoGo are pleased to welcome to the market Aventus Grooming, a high end mens barbershop in the Covent Garden area of London.
The business has now come to the market due to our clients wish to relocate.
Aventus Grooming aims to create a comfortable enviroment where men can get their hair done, beard trimmed, and hair shampooed and styled with high quality grooming products used.
Aventus Grooming focuses on craftsmanship with traditional barber instruments like scissors and clippers to produce skin fade styles, beard grooming, and traditional wet shaves. Our client is aiming to provide the best service across London taking it to the next level and to establish a chain of barbershops and expand globally.
They acquire customers with a high quality service provided and quality over quantity. As seen by their online ratings and reviews on Google, they've become extremely popular and highly rated with a 5.0 rating and over 130 reviews
Key selling points -
- Highly rated
- Fantastic online ratings and reviews
- High end barbershop
- Opportunity for further growth
We are advised that the business is run and managed by one of the staff.
The current trading hours are -
Monday to Friday - 10:00am - 8:00pm
Saturday - 9:00am - 7:00pm
Sunday - 10:00am - 6:00pm
Aventus Grooming is located on Monmouth Street in the Covent Garden area of London.
Due to its eye catching signage and busy trading location, it receives high levels of footfall and passing trade.
Ground floor with 4 Barber chairs with sink facilities and basement retail unit.
The basement has a staff kitchen, clients restroom, empty room, & an office.
Tenure
We are advised that the business is being sold on a Leasehold basis, with the existing lease continued for 15 years to the new buyer and subject to 5 yearly rent reviews. The current rent is £60,000 per annum.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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