Established Haberdashery Business in Worcestershire Market Town for Sale
Undisclosed, Worcestershire
- Status
FOR SALE
- Date Submitted:
25/11/22
- Advert ID
504298
- Reference
haberdashks / Rightbiz
- Call Agent:
- Leasehold: £29,950
- Rent: £10,200
- Turnover: £40,000 (£769 Per week)
- Net Profit: On request
Key Features
- Attractive Business
- Accounts Available
- Prime Location
- Price Reduced
- Fully Fitted
- Small Business
- Established Business
- Town Centre location
- Retirement Sale
- Offers Invited
Business Details
Haberdashery Business for sale in Bewdley ,Worcestershire
City Business are pleased to bring to the market this well-established, popular “Life Style” business, located in an historic, popular and bustling riverside market town in Worcestershire. The premises are 2-storey with street parking nearby.
Great location
Well-established with good reputation
Fixtures, fittings and stock included in asking price
Massive scope for growth
Established for 29 years, the business has grown to a turnover of £40,000 per annum and benefits from full rate relief. Together with good gross margins it generates a good return on investment. It now only comes onto the market due to our client’s wish for a well-earned retirement.
The business offers a wide range of Haberdashery products such as Fabric, Knitting Patterns, Yarn and a full range of Sewing and Knitting accessories for those `Sewing Bee` enthusiasts.
There is also a very busy curtain making and clothing alterations service, the continuation of which the owner would be willing to negotiate.
Currently run mainly as an owner-run operation trading 6 days a week, the business would suit someone looking for a `lifestyle business` to support a vastly popular passion for Needlecrafts.
The business is offered with all fixtures and fittings (circa £2,000) and a valuable inventory of stock included (circa £23-25,000).
Trading Hours: 5 and a half days 9.00am-5.30pm.. Wednesday half day and Sunday closed .
Staff: 1 full-time (owner)
Rent: £770 per month – this would be subject to increase in line with market valuations
Lease: Rolling lease -
Rates: Zero
Turnover: £40,000 per annum
We feel there is massive scope to increase turnover and profit by offering craftwork and sewing classes, and embracing social media to advertise the already superb goods and services on offer.
# The current price has been reduced from £34500 !
Viewing is highly recommended.
A full profile is available once a non-disclosure agreement has been signed.
All enquiries to City Business Brokers.
Property Information
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Listing Statistics
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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