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2022 Award-Winning Wymondham Accessories Business for Sale, £153K Annual Turnover

Wymondham, Norfolk
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Fantastic Award Winning Accessories Business Retailer Of The Year 2022 - Wymondham Photo 1
Fantastic Award Winning Accessories Business Retailer Of The Year 2022 - Wymondham Photo 2
Fantastic Award Winning Accessories Business Retailer Of The Year 2022 - Wymondham Photo 3
Fantastic Award Winning Accessories Business Retailer Of The Year 2022 - Wymondham Photo 4
Fantastic Award Winning Accessories Business Retailer Of The Year 2022 - Wymondham Photo 5
Fantastic Award Winning Accessories Business Retailer Of The Year 2022 - Wymondham Photo 6
Fantastic Award Winning Accessories Business Retailer Of The Year 2022 - Wymondham Photo 7
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Fantastic Award Winning Accessories Business Retailer Of The Year 2022 - WymondhamFantastic Award Winning Accessories Business Retailer Of The Year 2022 - WymondhamFantastic Award Winning Accessories Business Retailer Of The Year 2022 - WymondhamFantastic Award Winning Accessories Business Retailer Of The Year 2022 - WymondhamFantastic Award Winning Accessories Business Retailer Of The Year 2022 - WymondhamFantastic Award Winning Accessories Business Retailer Of The Year 2022 - WymondhamFantastic Award Winning Accessories Business Retailer Of The Year 2022 - WymondhamFantastic Award Winning Accessories Business Retailer Of The Year 2022 - WymondhamFantastic Award Winning Accessories Business Retailer Of The Year 2022 - Wymondham
  • Status

    FOR SALE

  • Date Submitted:

    28/12/22

  • Advert ID

    505666

  • Freehold: £499,950
  • Leasehold: £119,950
  • Turnover: £153,000 (£2,942 Per week)
  • Net Profit: £65,000 (43% Profit margin)

Key Features

  • High Turnover
  • Accounts Available
  • New Lease
  • Attractive Business
  • Small Business
  • Offers Invited
  • Town Centre location
  • Close to Local Amenities
  • Fully Fitted
  • Unique Business
  • Established Business

Business Details

Fantastic Award Winning Accessories Business Retailer Of The Year 2022 Wymondham

I’M looking for the next new owner of my fantastic, award winning retail business Little Boutique due to a change in life circumstances.
Annual Turnover: £153,000
Annual Turnover Period: Annual
Net profit: £65K
Annual Rent: £15,300 Per Annum (£1275 a Month)
Business Rates: EXEMPT
Business Established: October 2017
Current owner has run this business for: five YEARS
Business Sale Description:
For Sale is my independent Accessories Boutique / Gift Shop that is very well regarded in the community it supports. The business is now looking for a new owner who can expand on the fantastic foundations I have put in place.
The business has built up an impressive client base both locally and online. It sees a high annual turnover, providing an extremely promising opportunity.
With a huge mix of stockists, for all your jewellery, handbags, fashion, gifting, home & babywear needs.
I opened the business in October 2017 and it has gone from strength to strength despite what the last five years has thrown at us. The business has an outstanding customer base & the reputation continues to bring new supporters along with a year-round tourist trade. The business has won awards including Retailer of The Year 2022 for South Norfolk and has been a finalist in every award nominated!
We offer a unique service and stock not readily found elsewhere.
There is a great stock holding, great accounts, beautiful display furniture, a modern till with stock management, camera & alarm system.
We have a very successful Facebook page, Instagram account & Website which has a huge growth potential. Outstanding reviews on Google.

The business has an Annual Turnover of £153,000.

Stock available in addition. 


Key Features of This Business:
Excellent Reputation;
Recently Refurbished;
Well Equipped Premise;
Very Loyal Custom Base;
Equipment to be included;
Huge Growth Potential;
Variety of Services or Products;
Spacious Premises;
Owner Parking Space
Has Strong Supplier Relationships
Limited Competition
Potential Growth Opportunities:
A new owner could look to develop the business massively further through additional marketing. We do very limited advertising and has achieved much of its success through its outstanding reputation for excellence.
Through increased advertising via social media and online platforms for the website the business could boost exposure to its services and effectively attract alot more customers & sales.
Management Structure For Business: Run by owner & two members of staff.

There is an option to buy the freehold of the property, which consists of a one-bedroom flat on the first floor, one parking space for the flat & a rental-able income of £725 a month.

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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.

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