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Interesting that the thread has shifted to retail park retailers, the ones that killed the high street, now they are struggling?
You also need to feel sorry for the ones who own the retail parks eg Hammerson (HMSO).
Just went for a cut at one of them last week and it's been fitted out again, very fancy! Can't have spent less than 15k on it. It has 5 cutting stations and I've never seen more than two in operation the same time, usually just one and hardly ever have to wait.Seems that the money laundering business has moved out of tanning parlours into haircuts.
Yes, I have to say I can't see point if it's laundering. maybe I'm missing something and the business is more profitable than it appears superficially.I can understand businesses like these “American” candy stores requiring low initial investment (just the stock) where they can move out within a few hours taking any unsold stock with them but gents hair cut shops have thousands invested in fancy decoration and lighting which cannot be so easily removed or reused.
I can understand businesses like these “American” candy stores requiring low initial investment (just the stock) where they can move out within a few hours taking any unsold stock with them but gents hair cut shops have thousands invested in fancy decoration and lighting which cannot be so easily removed or reused.
on a parallel topic, I note that Welsh farmers have started to protest as I predicted they would. They new rules make it barely profitable to farm even on a good year, having to set aside 10% of your land to rewilding, in the face of rising diesel and fertiliser prices. The Welsh govt industrial strategy has shown that not only does it attracts zero investment, it’s actually making large businesses move out unless heavily subsidised
I got rid of my shares before Brexit, but just have just bought some ABF.
For barbers and hair salons, the current trend is for the owner to supply the services and a chair. The barber or hairdresser, then rents the chair from the owner of the establishment. So you have a salon owner with no workers, no N.I. or employment law issues, no holiday pay and really no responsibilities, sounds good to me.I can understand businesses like these “American” candy stores requiring low initial investment (just the stock) where they can move out within a few hours taking any unsold stock with them but gents hair cut shops have thousands invested in fancy decoration and lighting which cannot be so easily removed or reused.
on a parallel topic, I note that Welsh farmers have started to protest as I predicted they would. They new rules make it barely profitable to farm even on a good year, having to set aside 10% of your land to rewilding, in the face of rising diesel and fertiliser prices. The Welsh govt industrial strategy has shown that not only does it attracts zero investment, it’s actually making large businesses move out unless heavily subsidised