OVER 70 YEARS' TRADING HISTORY – SUBSTANTIAL PRICE REDUCTION – GENUINE RETIREMENT SALE
NOW ONLY £49,999 + SAV – AN OUTSTANDING OPPORTUNITY FOR A WORKING BARBER OR EXISTING OPERATOR
After more than 70 years of serving the local community, this well-established Corby barbers shop is now available to a new owner as the current proprietor prepares for retirement.
With the asking price dramatically reduced from the original £85,000 to just £49,999 + SAV, this represents an excellent opportunity to acquire an established, profitable business with a loyal customer base, experienced team and attractive, fully fitted premises.
Under the present ownership since 2008, the business has developed an excellent local reputation and enjoys regular repeat trade from its position within a busy neighbourhood shopping parade, surrounded by extensive residential areas and benefiting from convenient customer parking immediately outside.
The smart, refurbished premises extend to approximately 707 sq ft and offer multiple cutting stations, dedicated children's barber seating, customer waiting facilities, air conditioning, CCTV and alarm system.
IMPRESSIVE FINANCIAL PERFORMANCE
- Annual Turnover YE March 2025: £144,547
- Indicative Adjusted Owner Benefit: £40,646
- Turnover increased by approximately 9% in the latest financial year.
- Established trading history spanning more than seven decades.
- Part-time owner involvement alongside an existing team.
A FANTASTIC OPPORTUNITY FOR A HANDS-ON BARBER
With the current owner working only part-time, there is considerable potential for an enthusiastic working barber to take a more active role, build upon the existing customer base and further develop the business.
Opportunities include reviewing opening hours, expanding services, increasing social media activity, introducing online booking and developing retail haircare sales.
Equally, the business could make an attractive additional outlet for an established barbering operator seeking expansion without the costs and uncertainties of starting a new business from scratch.
WELL-PRESENTED LEASEHOLD PREMISES
The business occupies a well-positioned shopping parade unit with a reported rental of £1,874 per calendar month including VAT.
A GENUINE RETIREMENT SALE – NOW PRICED TO ATTRACT SERIOUS INTEREST
Following the owner's decision to bring forward her retirement plans, the asking price has been substantially reduced to encourage an early sale.
NEW ASKING PRICE: JUST £49,999 + STOCK AT VALUATION
Tenure: Leasehold
Reason for Sale: Retirement
Reference: VSM498N
At this new asking price, we anticipate renewed interest from both experienced barbers and established operators looking for a ready-made business with an existing customer base.
EARLY ENQUIRIES AND VIEWINGS ARE STRONGLY ENCOURAGED.
For further information or to arrange a confidential viewing, please contact Stephen Hogg at Vandervells LLP.
Viewing strictly by appointment. Please do not approach the business or staff directly.
Financial information is based on the supplied accounts. Adjusted owner benefit is an indicative broker calculation before the cost of replacing the owner's labour and is not a guarantee of future earnings.
