For Sale
Newly established Barbershop for sale
Burton-On-Trent, Staffordshire
- Asking Price: £24,995 +SAV
-
Turnover:
We are advised that the business generated a turnover in the region of £50,000. Full financials can be made available upon further request.
Please quote reference B06360
- Tenure: Leasehold
Please quote reference B06360
Hilton Smythe is welcoming to the market Hero styles. A popular Barbering business located in Burton on Trent. The business was established by our client one year ago, only now does the business come to market due to our client looking to move onto something different.
The Barbers offers a number of services including Barbering, shaves and eyebrows to name a few.
The sale of the business includes -
- 3x High end barbering chairs
- 3x full length mirrors
- Glass shelving and display units
- 2x 2 seater sofas
- 2x armchairs
- 1x coffee table
- multiple clippers and hairdressing tools
- 1x fridge
- 1x washing machine
The sale of the business includes -
- Barber chairs
- Waiting area chairs
- Storage
- Counter with card reader
- Backwash system
- Website with online booking system
- Social media pages
We are advised that the business generates a turnover in the region of £50,000 per year with high gross profit margins and low overheads.
Hero Style has a Facebook account boasting excellent reviews, with customers stating, “Hero style” and ‘best barbershop in the area . very professional, good prices .
We feel it would suit a partnership or run as a family business.
This rarely available opportunity is not to be missed, early viewing is highly advised.
We are advised that the business is owner run and managed.
The business hours are-
Monday – 9:00am – 7:00pm
Tuesday – 9:00am – 7:00pm
Wednesday - 9:00am – 7:00pm
Thursday – 9:00am – 7:00pm
Friday – 9:00am – 7:00pm
Saturday – 8:00am – 7:00pm
Sunday - 10:00am – 6:00pm
The business is surrounded by a wealth of shops, schools, bars, and complimentary businesses, therefore benefitting from a high volume of footfall and passing trade.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.
Ground floor -
- Customer waiting area & reception desk
- Window display unit
- Hair stations with storage
- Backwash unit
- Customer toilets
- Extra room option for rental
- Toilet
Tenure
We are advised that the business is being sold on a Leasehold basis, on a yearly rolling lease. The rent is £950 per month.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
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
Rates may differ as they are dependent on individual circumstances. Subject to status.
