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Walthamstow Barbershop Cut Above the Rest for Sale in City of London

City of London, London, ID 168925

Walthamstow Barbershop Cut Above the Rest for Sale in City of London 1
Walthamstow Barbershop Cut Above the Rest for Sale in City of London 1
Asking price:
GBP £49 999
Turnover (per year): £58 000 gbp
Net profit (per year): £25 000 gbp
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Description

CoGoGo presents a thriving and uniquely branded barbershop in Walthamstow, offering creativity, style, and confidence to its clients After five successful years under the same ownership, the business is now seeking a new owner as the current one focuses on another career This is a rare opportunity to acquire a fully operational and profitable business with strong branding, a loyal customer base, and excellent online visibility across Treatwell, Facebook, and Instagram The shop has built a reputation as a go-to grooming destination for style-conscious customers. With a bold name and modern aesthetic, it has carved out a strong identity in the local market. Services are booked online through Treatwell, adding convenience and boosting customer retention. The business is run by a capable team of three, delivering professional cuts in a relaxed and edgy environment Stylish, profitable, and unique, this barbershop offers an outstanding opportunity in one of East London’s most vibrant areas. With a solid trading history, strong online presence, and favourable lease terms, it is an ideal acquisition for a barber, stylist, or entrepreneur • Location Situated on Forest Road in the heart of Walthamstow, the shop benefits from heavy footfall and excellent transport links, including Walthamstow Central Underground station and nearby bus routes. The area is vibrant, diverse, and full of independent businesses, making it perfect for a stylish, street-smart barbershop • Premises The premises feature a modern, stylish interior designed for a trend-savvy clientele. The layout is functional and welcoming, with all equipment and fittings in excellent condition. This is a turnkey opportunity with no immediate investment required • Tenure The shop is held on a 10-year lease with 3 years elapsed and 7 years remaining. Rent is £19,000 per annum, fixed for the full term with no review, providing excellent stability in a developing area • Hours Monday to Saturday 9:30 am to 7:00 pm Sunday 10:00 am to 5:00 pm • Staff Operated by a team of three skilled barbers, ensuring high service standards and smooth operations • Financial Profile The business generates an annual turnover of £58,000 with a net profit of £25,000. Operating costs are manageable due to fixed rent and no business rates, offering a financially viable and scalable opportunity Full financial details available upon request

Details

Real Estate: Lease
Reason for selling: Pursuing other opportunities
Asking price: 49 999 gbp
Turnover (per year): 58 000 gbp
Net profit (per year): 25 000 gbp

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