Retail premises for sale

Business
Please quote reference B07563

Cogogo are delighted to welcome to the market Downtown barbers 26, a well established and highly rated barbershop in Marlborough, Wiltshire.

Downtown barbers 26 was first established by our client in 2014. As seen by the online ratings and reviews, the business is extremely popular and has an impressive number of regular customers and a great reputation for professionalism, customer care and pricing.

The business has now come to the open market due to our clients desire to concentrate on other business interests.

The business prides itself on being a traditional barbershop specialising in all haircut services, fades, beard trims and luxury hot towel shaves.

The business is currently staffed by two self employed stylists and enjoyes great online reviews such as -

• “Always great service, great price, friendly people”


• “Good atmosphere, good music and to top it all, the haircut ws good “


• “Awesome barbers. Visited for the first time today and was hugely impressed. Excellent atmosphere and service, intelligent conversation and possibly the best haircut i’ve ever had”

Key selling points -

• A well established business with an enviable reputation and many regular customers


• Prime trading position with loads of footfall


• Current happy to offer a handover to ensure the continued success of the business


• Ideal owner managed or partnership business


• A real opportunity to increase turnover and profits significantly, the current owner has been running at a pace to suit

Scope for further growth -

• Advertising and Marketing campaign


• Website ideally with an online booking facility


• Maximise the use of social media


• Extend the opening hours


• Introduce a customer loyalty card / scheme

Location
Downtown barbers 26 is located on High Street, in Marlborough, Wiltshire.

The business nicely presented with clear visible signage and receives high levels of footfall and passing trade.

Premises
The business occupies ground floor premises which is ideally suited to the trade.

• Window and glazed doors to the front of the unit


• Slate effect flooring with a feature exposed brickwork wall


• Distinctive wood paneling to the walls


• 3 Stations, each with with mirrors and sockets


• Till area and sofa's for customer seating

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £3,865 per quarter (£15,460 per annum).

Hours
The current trading hours are -

Monday - Closed

Tuesday to Wednesday - 8:30am - 6:00pm

Thursday - 9:00am - 6:00pm

Friday - 8:30am - 6:00pm

Saturday - 8:30am - 3:00pm

Sunday - Closed

Staff
We are advised that the business is currently staffed by two self employed stylists.

Financial Profile
This business generated a turnover of £90,000. Further financials can be made available upon request.