Summary
Opportunity to purchase a fully fitted barber shop in Bankstown through a lease assignment. Positioned in a high-exposure area, the fit-out allows an operator to take over, rebrand and operate.
Royalties
$0 pw
Rent
$3,658 pw
Marketing Fees
$0 pw
Location Details
Bankstown Central, Shop SP 104 North Terrace, Bankstown NSW 2200
Prime opportunity to acquire a fully fitted barber shop in Bankstown Central, positioned next to a high-performing JB Hi-Fi, opposite Myer and within one of the centre’s busiest thoroughfares.
About the Opportunity
This is an opportunity to acquire a fully fitted barber shop in one of Bankstown Central’s busiest retail positions, located next to a high-performing JB Hi-Fi and opposite Myer. The store benefits from strong daily foot traffic and excellent exposure within a busy thoroughfare.
The business is offered by way of lease assignment, allowing an incoming purchaser to take over an established barber shop without the significant costs and delays associated with building a new store. The existing fit-out includes barber stations, mirrors, cabinetry, lighting and operational infrastructure suitable for immediate trading.
The purchaser will operate independently under their own brand following settlement, with no ongoing franchise royalties payable. The current lease expires in July 2027, however discussions can be held with the landlord regarding a new long-term lease for the incoming purchaser, subject to approval.
Length of Agreement
The current lease term expires in July 2027. However, as part of any lease assignment, discussions can be held with the landlord regarding the creation of a new long-term lease for the incoming purchaser, subject to landlord approval and final agreement terms.
Year Business Established
2022
Year Franchising Commenced
2022
Site locations
1
History
This store has been operated by the same franchisee for the past 4 years and has established itself as a consistent trading barber shop within Bankstown Central. Positioned in a high-exposure location next to JB Hi-Fi and opposite Myer, the business has benefited from steady customer traffic and repeat clientele throughout its operation. The store has maintained regular day-to-day trading and presents an opportunity for a new operator to take over an established retail location.
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