Hilton Smythe welcomes to the market pjs Barber Shop. The business was established by our client in 2000. The owner is now looking to sell the barbers, due to the desire to take a well-deserved retirement.
The business thrives in this location and highly benefits from repeat loyal trade. The barbers has three hair stations and is currently run by just our client. The barbers offer a range of gent’s hair services for excellent prices.
The business has a projected turnover in the region of £39,000. The owner was working part-time during the 2016 accounts, she is now working full time and this is showing a significant increase in turnover.
There are currently three working hair stations with potential for four. The property is a generous size and should be utilised more. With more staff members and hair stations there is potential to boost daily trade. The purchaser could also look to rent stations to qualified barbers.
Although the business already has a generous client list, we feel that with the introduction of social media there could be a big increase in repeat loyal trade. Sites such as Facebook are great cost effective ways of marketing a business.
The lease is renewable under the terms of a protected tenancy.
This is a fantastic Leasehold opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of this well-established barbers.
pjs Barber Shop is located in Ossett, West Yorkshire.
The business is situated in the town centre of Ossett. This is a bustling town that receive much trade from the residential surrounding areas. There are a variety of retail outlets close by there is a pub, jewellers, taxi service, bakery and cafe as well as much more. This is a popular location for shopping and benefits from ample parking close by.
Ossett is a historical market town, situated between Dewsbury and Wakefield. This is a large town with a population of circa 16,000 as of the 2011 census. The town was well-known during the industrial revolution and is still home to four operational mills and two real ale breweries’.
The town has generous public transport systems with bus stops within walking distance of the barbers. There are regular daily routes into Dewsbury and Leeds City Centre, which is just a 15-minute drive away. The town is also surrounded by great road connections. The M1 motorway is close by and the A638 is within a 2-minute drive away.
pjs Barber Shop boasts a large property that is well-signed and looks presentable. There are windows across the front, which allow for a bright interior. The premise is fitted with a burglar alarm.
On entry is the open plan salon space. Along the back wall are three hair stations but there is space for four. Each station has a mirror and shelving. Opposite to this is the service counter and there is also a hair wash station. Close to the entrance is the seating area, this is a bright space.
On the first floor, there is a staff kitchen and toilet.
Equipment included in the sale includes: -
Two hair station chairs
Front wash chair
We are advised the business is being sold as a Leasehold opportunity.
Original lease length: 5 years
Remaining lease length: 5 years as of 2017.
Rent: £500 per month
This is a protected tenancy agreement and the lease is renewable under the terms.Hours
The business opening hours: -
Tuesday - Friday: 9am – 5pm
Saturday: 8am – 1pm
The business is run and managed by our client.Financial profile
The business has a projected turnover in the region of £39,000 as of 2017.
The owner was working part-time during the 2016 accounts, she is now working full time and this is showing a significant increase in turnover.