The Opportunity
ETS Corporate are pleased to place on the market this well-established premium Barbers based on the High Street in Cheltenham. The turnover is just over £73,000 and the business is part of a national chain. This site is being sold as it would suit an Owner operator
The renewable lease has 8 years remaining with a rental of £30k pa. The site is fully staff operated with 2 Barbers,
Location
The business is on the busy High Street in Cheltenham, Gloucestershire close to the new John Lewis. The location enjoys excellent foot flow.
Business Details
This high-quality Barbers was established in 2016 and comes with all fixtures and fittings as well as branding. It is being sold as it would suit an Owner operator. The barber’s offers hairdressing, shampooing and shaving. The website for this branch is http://sportingbarbers.co.uk/. It also sells its own branded retail products. It has around 140 active clients each week. All business is presently from referrals although there is a Facebook page https://en-gb.facebook.com/pg/sportingbarberscheltenham/about/. It has an excellent reputation and over 2,400 followers on Instagram
The business is fully staff run with 2 employees, who are very reliable and provide a quality service.
Trading Hours
Monday 09.00 am – 6.00 pm
Tuesday 09.00 am – 6.00 pm
Wednesday 09.00 am – 6.00 pm
Thursday 09.00 am – 6.00 pm
Friday. 09.00 am – 6.00 pm
Saturday. 08.30 am – 5.30 pm
Sunday Closed
Financial Details
The turnover of the business during the last full financial year was £73,000.
Property Details
The premises consist of a barbering area with 4 workstations and 5 therapy rooms
Tenure
There are 8 years left of a 10-year lease which is renewable. The rent is £30k
Ref: 13374
Price: £19,995 plus stock
Disclaimer
These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by Enthuse Transformations Ltd (Trading as ETS Corporate). The information contained herein has not been verified by Enthuse Transformations Ltd; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of Enthuse Transformations Ltd regarding this business are subject to verification and should be independently corroborated.
