Archived
Reputable Barbers For Sale
Birmingham, West Midlands
- Asking Price: £24,999 +SAV
-
Turnover:
We are advised the business generated a turnover circa £36,000 from October 2020.
Please quote reference B06282
- Tenure: Leasehold
Please quote reference B06282
Hilton Smythe welcomes Turkish Golden Barbershop to the market, the business is located on Bristol Road, providing a high amount of footfall.
The Barbers has been recently refurbished to a very high standard; the renovation was completed at the end of 2020. The current owner is now looking to sell this very popular business due to a change in circumstances.
Due to the fantastic location and longevity of the business this popular Barber shop benefits from loyal repeat business. The business has an excellent reputation with customer comments including ‘Good customer service, friendly staff and good quality services at value for money.’ & ‘I liked my hair cut there, they are very meticulous and take good care of the details.
I hope they keep their standards high’.
Our client is offering a handover period to ensure the continued success of the business.
There is ample scope to increase the turnover such as:
• Employing additional barbers or renting space
• Create website
• Advertise on social media
Assets included:
- 4 barbers’ stations
- Seating
- Mirrors
- Storage
- Till system
Hilton Smythe recommends early viewing to avoid disappointment.
The business is managed and ran by 2 staff members.
The business trading hours are as followed:
Monday to Saturday- 09:00am - 18:00pm
Sunday - 10:00am - 16:00pm
Turkish Golden is located on Bristol Road, Northfield, Birmingham in the West Midlands
Northfield is a residential area in the outskirts of metropolitan Birmingham and near the border with Worcestershire. It is also a council constituency managed by its own district committee.
The constituency includes the wards of Kings Norton, Longbridge, Wesley Castle, West Heath and Turves Green. Northfield stands on either side of the main A38 heading south from the centre of Birmingham to Bromsgrove and onwards all the way to Cornwall.
The business occupies a prominent position along a busy Shopping parade and is very well presented and maintained with clear visible signage.
There is free on street parking within easy walking distance of the property.
Turkish Golden is located within a large, double fronted shop with excellent eye-catching signage.
The interior décor is modern and fresh, with ample storage systems, customer waiting area and a children’s playroom.
At the rear of the shop is the storage area and WC.
The premises are fully designed to suit the trade with ample sockets, tiled flooring and easy clean wall coverings.
Security - the premises are secured with a metal roller shutter.
Tenure
We are advised the business is being sold on a Leasehold basis with 6 years remaining on the Lease, the rent is £500 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.
