Barbers Sought-after East London Market For Sale

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.