Hilton Smythe is delighted to introduce to the market vip’s Barbers, located on Waterloo Road, Manchester. The business is newly established and has traded for almost a year. Our client has fully refurbished the premises and is only looking to sell due to other business interests.
This Leasehold barber’s shop is very well known in the area with great support from the local community. Currently offering haircuts for men and children, beard trims, beard colouring. The business currently trades 6 days and generates and income of £56,400 pa.
The premises are extremely well presented with stylish décor with a good level of modern-day equipment to suit the trade. With waiting area sofas, 2 barbers’ stations, back wash.
Vip’s Barbers has lots of word of mouth recommendations along with a loyal and regular client base.
There is ample scope to increase the turnover should the buyer desire such as pushing advertising, leaflet dropping, opening longer hours, employing another barber or renting out a barber’s station, and utilising social media.
Reasons to buy;
- Newly renovated.
- Excellent location with parking.
- Low over heads and rates exempt.
- Large client base with new equipment.
- Scope to expand.
Early viewing of this long established and reputable business is highly recommended. Viewings are by appointment only.Location
The business is located on Waterloo Road, Manchester.
The business is surrounded by a wealth of complimentary shops and businesses 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.
There are several railway stations nearby, the closest being Queens road Railway station. Also, there's a main bus link to and from surrounding towns such as Bury and Stockport.
The area is also well served by the a-roads, the salon is on the A6010 and the A576 is within easy driving distance of the business, which links to the M60 motorway network.Premises
Due to the location the shop has plenty of footfall, there is parking at the front of the business and ample free street parking within the proximity. The shop front has excellent eye-catching signage.
The business is fully equipped to suit the trade. The sale includes;
- 2 Mirrors, Dressers and barbers’ chairs.
- Reception desk.
- Till and card reader.
- Large sofas.
- Tv screen.
- Stock at value is iro £500.
The premises are circa 47sqm.Tenure
Leasehold with 2 years remaining on the current lease - annual rent of £6,000.
The business further benefits from being rates exempt.Hours
Monday 10:00 - 7:00
Wednesday 10:00 – 7:00
Thursday 10:00 - 7:00
Friday 09:00 – 7:00
Saturday 09:00 - 7:00
Sunday 10:00 - 5:30Staff
1 full time barber.Financial Profile
The Business reports a turnover of around £56,400 pa with a gross profit of £55,000.