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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Independent Gift Shop in Lowestoft

Lowestoft, Suffolk
Leasehold Price:
£25,950
Status
SOLD / WITHDRAWN
Advert ID
209621
Reference
R05717 / Rightbiz
    Diverse selection of gifts, home fragrancing, jewellery and collectables

    Longstanding business

    Bricks and mortar store

    E-commerce website

    Knowledgeable and helpful staff

Intelligent Business Transfer are delighted to bring to the market the sale of this well-established gift shop which enjoys a prime location and trade all year round.The fact that the business deals with small suppliers sets this gift shop apart from the rest, as products are unique and exclusively retailed here. This has contributed to its fantastic reputation, known in the area for its reliability in providing interesting, bespoke presents. As a result, constant business has helped to garner an overall strong annual turnover of £68,000.Appealing to a current shop owner looking for further growth through an established business, or one searching for a profitable and expandable platform, a new owner could enter the business with ease.A new owner could take steps to enable the business to reach its full potential. One way to do this would be through building upon its online presence. Expansion of the website into other market places could be easily undertaken, helping to increase turnover and reach a wider clientele. The current owner would be willing to discuss a transitional period to familiarise the new owner with business operations. Intelligent Business Transfer are searching for a suitable buyer.
Listing Details
Leasehold Price: £25,950
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Location: Lowestoft, Suffolk
Sector: Retail, Gift Shops
Financials
Annual Turnover: £68,000
Annual Net Profit: £13,000
Contact Agent
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Advert Reference: R05717 / Rightbiz

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