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Independent Barbershop With Its Own Freehold In Suburban Hull
Hull, East Riding of Yorkshire, Yorkshire & the HumberIdentity protected
Available
About this business
Independent barbershop on a suburban parade in Hull, cutting hair since 2019 from a freehold shop the business owns, with a team of 4. Takings have fallen each year, from £184k in 2021 to £150k, and EBITDA is down 21% to £11k. The asking price of £35k is below net assets of £63k, which include the shop. This suits a barber who wants to own their premises and work the chair themselves, rebuilding walk-in and booked trade over time.
Key investment highlights
- Freehold shop included
- Asking price of £35k
- Team of 4
- Suits a working barber-owner
Reason for sale
The owner is emigrating to Australia.
Read this before you enquire
MaterialRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionMaterial
Turnover is -18.5% against its 2021 peak.
- 2021: baseline
- 2022 (-2.7%)
- 2023 (-4.5%)
- 2024 (-3.5%)
- 2025 (-6.1%)
- 2026 (-3.2%)
- Peak 2021 to latest 2026: -18.5%
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.