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Haberdashery & Tailor Shop

Swindon, Wiltshire
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  • Leasehold: £39,950
  • Turnover: £45,958
  • Net Profit: £32,814

    Over the years a retail sewing business has been added to the shop floor. The business is located in a very busy parade of shops next to a major shopping outlet.

    This well-established Tailoring & Alteration shop that also offers sewing supplies, The shop has traded since 2004 and built an excellent reputation locally and afar. The customer base extends to 40-mile radius, however, there is also a small (but growing) national and international customer base. There is a good web presence with two websites.

    However social media has not been utilised. The present owner is not able to cope with too much of an increase in work!!! The business benefits from excellent Google reviews and has excellent potential for online sewing supply sales via the website. This sale will appeal to buyers looking to buy and run a successful Tailoring and Alterations business with exceptionally high net profit. The business was originally valued at £89,950 but has been reduced for a quick sale.
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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. Rest 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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