Highly-Rated Unique Barber Shop with Growth Potential For Sale in Greater London
Undisclosed, London
- Status
FOR SALE
- Date Submitted:
22/11/23
- Advert ID
602986
- Reference
B07679 / Rightbiz
- Call Agent:
- Leasehold: £85,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Unique barber shop for sale in London Heathrow Airport terminal 5.
BusinessPlease quote reference B07679
CoGoGo are delighted to welcome Barber Shop T5, a highly rated barbershop located in Terminal 5 at Heathrow Airport.
The business was first established by our client in 2016, building up an excellent reputation.
Barber Shop T5 has now come to the open market due to our clients desire to focus on other business ventures.
The business offers a wide variety of male grooming services from haircuts to traditional wet shaves and beard trims.
The business works on a walk in basis with no appointments being necessary.
The business enjoys great visibility online with impressive reviews.
Key selling points -
- A well established business with an enviable reputation
- Prime trading position in the one of the world’s busiest airport!
- Current owner happy to offer a handover to ensure the continued success
- Ideal owner managed or partnership business
- Perfect bolt on to an existing hairdressing business looking for a foothold at Heathrow Airport
- A real opportunity to increase turnover and profits significantly, current owner has been running at a pace to suit due to his other business interests
- Advertising and Marketing campaign
- Maximise the use of social media
- Website, ideally with gallery and online booking facility
- Extend the opening hours
- Introduce a range of additional grooming services
- Launch a branded range of products
Location
Barber Shop T5 is located in terminal 5 at Heathrow Airport.
The business receives high levels of footfall.
Premises
The business occupies a bespoke retail shop in Terminal 5 Landside Arrivals Hall.
Tenure
We are advised that the business is being sold on a Leasehold basis.
Please note a change of use is not permitted.
Hours
The current trading hours are -
Monday to Friday - 8:30am - 7:00pm
Saturday - 9:00am - 7:00pm
Sunday - 9:30am - 6:00pm
Staff
We are advised that the business is run and managed by the owner, with the help of 1 full-time and 3 part-time staff members.
Financial Profile
Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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