Whats the estimated price of leasing a barber shop in west london?

Question

How do you go about it?

How much will it cost?

Whats the best way to keep prices down?

Who needs to be involved in the process to make sure i don't get cheated?

Answer 1

rentals are different. look at commercial on the estate agents to get a rough idea. right move.com might help you.

Answer 2

If you wanted to take over an existing business fully equipped you would usually have to buy it from an existing barber - this sort of business costs around £180k to £250k depending on location.

Make sure you see the accounts for the existing business and get an accountant to check it out.  Get the sale agreement checked by a solicitor and ensure that the person selling can't open a new shop close to the old one and steal all his/her existing customers to the new business.  There will also be various health & safety and fire issues to contend with, and some of the VAT (indirect tax) issues can be awkward depending on the employment status of anyone who works there.

Answer 3

check the mintel reports