 | Traditional Gents Hairdresser For Sale Long Eaton, Nottinghamshire, United Kingdom Advert ref: N517 FINANCIAL DETAILS | Asking price: £24,500 Sales revenue: < £200k Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to offer for sale this traditional barber, which is an extremely well established gents hairdresser, having been on this site for more than 60 years. Over the years it has generated a very loyal regular customer base. The vendor has operated this business for some two years. Over this period the business has grown significantly.
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GENERAL INFORMATION | Years established: 60
Trading hours: Tuesday – Friday 9.00 am – 1.00 pm, 2.00 pm – 5.00 pm & Saturday 8.00 am – 2.00 pm
Property: Leasehold
Lease terms
The current 6-year lease commenced in 2006 with the present annual rent being £3,860.
Location
The salon is located on one of the main routes into Long Eaton. It benefits from free on street parking to the front of the premises. There is further free parking near the premises.
The location of the premises makes it ideal to serve not only the local community but also to benefit from passing trade.
There is no direct competition in the immediate locality. Indeed, barbers in surrounding villages have recently closed resulting in a further growth in trade.
Expansion potential
The business is currently conducted entirely by the vendor. There is scope and demand, however, for a second hairdresser.
Reasons for selling
The business is only for sale because the vendor is planning to emigrate.
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The Business Partnership - Derbyshire, Nottinghamshire, Sth Staffs, NW Leics | | | |
