Barbers Sought-after East London Market For Sale
east london,London,UK, ID 138345
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Description
Well-Established Barbershop in High-Traffic East London Market Location
Overview
An opportunity to acquire a long-standing barbershop trading from a prime position within a highly popular East London market. The business has been under the same ownership for the past nine years and has built a loyal customer base supported by exceptional daily footfall. The location generates consistent walk-in trade, helping underpin stable performance.
The operation is largely staff-run, offering flexibility for a new owner to remain hands-off or become more involved to drive further growth.
Trading Performance
The business generates average weekly turnover of approximately ?3,000. This is achieved with a straightforward operating model and modest overheads, reflecting the strength of the market location and repeat customer demand. There may be scope to improve turnover through extended opening hours, additional services, retail product sales, or optimising staffing and pricing.
Premises and Fit-Out
- Three fully equipped barber stations
- Configured for efficient day-to-day trading
Licence
- A1 licence in place
- Trading permitted until 23:00 (as stated)
Lease and Cost Structure
- Lease term: 20 years originally granted
- Years remaining: approximately 11
- Rent: ?13,500 per annum
- Business rates: nil payable
The low fixed cost base is a key advantage for buyers, supporting strong margins relative to turnover.
Location
Located within a sought-after East London market environment, the shop benefits from constant footfall driven by local residents, visitors, and surrounding retail activity. This trading position supports consistent walk-in custom throughout the day.
Financial Summary
- Asking price: ?85,000 (leasehold)
- Stock: to be purchased separately at valuation
Opportunity Summary
With strong weekly turnover, minimal overheads, long lease security, and an exceptional high-footfall location, this barbershop offers a proven platform with immediate income and clear potential for further growth under new ownership.
Details
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