PRICE REDUCED TO £59,950 + SAV – RETIREMENT SALE
Over 70 Years’ Trading History | Established Customer Base | Profitable Business
After more than 70 years of serving the local community, this established Corby barbers shop is now available to a new owner as the current proprietor prepares for retirement.
The asking price has recently been reduced to £59,950 + SAV, presenting an attractive opportunity for a hands-on barber or an existing operator looking to add another location.
Under the present ownership since 2008, the business has built a strong local following and occupies a well-positioned unit within a busy neighbourhood shopping parade, surrounded by residential areas and with convenient customer parking immediately outside.
The smart, refurbished premises extend to approximately 707 sq ft and provide multiple cutting stations, customer waiting area, dedicated children’s barber seating, air conditioning, CCTV and alarm system.
The business currently benefits from part-time owner involvement alongside an existing team, giving an incoming working owner scope to become more directly involved and further develop the business. It could equally suit an established operator seeking an additional location.
Financial Highlights
Turnover YE March 2025: £144,547
Indicative Adjusted Owner Benefit: £40,646
Turnover increased by approximately 9% in the latest financial year, accompanied by improved profitability. Further financial information is available to genuinely interested parties.
The business is offered on a leasehold basis, with the current rent reported at £1,874 per month including VAT.
There remains scope to develop the business through greater owner involvement, online appointment booking, increased local and social media marketing, and further development of services and retail products.
REDUCED ASKING PRICE: £59,950 + SAV
Tenure: Leasehold
Reason for Sale: Retirement
Reference: VSM498N
Viewing strictly by appointment through Vandervells LLP.
Please do not approach the business or its staff directly. All enquiries and viewing arrangements should be made through Vandervells.
