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Business Reference: BMS10155
Location - Williton, Somerset
Turnover - £35,000
Business Overview
BuyMySalon is exclusively retained to find a purchaser for the Leasehold of a long-established Barber Shop business, situated on a busy main road at the centre of a popular West Somerset town, close to the resort town of Minehead, and within easy access of the county town of Taunton, and historic town of Bridgwater.
With a genuine reason for sale, this fully inclusive and turn-key operation is supported by excellent historic turnover and accounting information (available to genuinely interested parties further to a formal viewing inspection).
This traditional men's and children's barber shop offers further scope and growth, to build on an already successful and locally renowned trade.
Current turnover for the year ended 2022, shows an annual income of £35,000 pa, £700 pw on average based on tick-over. Historically the business traded at £1000-£1250 per week minimum and remains scalable for a return to these levels or more, including the potential sub-rent of the second chair. With the right marketing and growth plan in place from new blood owners, trade levels exist to support 2 cutters as per previously.
Fully fitted, well equipped, and for sale all inclusive, the business operates from a Leasehold premises, held on a monthly rolling lease term subject to a rent of £110 pw from private landlords.
A decent location adjacent the town centre parking, main petrol station, and other complimentary amenities including Spar and Co-op.
Reason For Sale
Our client has decided the future business opportunity will be best realised in the hands of a new entrepreneurial owner who has the experience to drive the business forward.
To register your interest in this business and request further business and financial information, please click on the 'Contact Us' link below .