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Independent High St Photographic Outlet in Prime Location, Consistent Sales over £120k

 Stamford, Lincolnshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    26/08/21

  • Advert ID

    281891

  • Reference

    3048TPBW / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £35,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Independent High St Photographic Outlet

This very well-established business is extremely well known within the region, with a strong reputation for quality and service, customers coming from all over the region. Sales consistently in excess of £120k, with the opportunity to expand on this with more of a focus on the photography studio side of the business. The retail shop offers a great selection and a superior service and the finest standard of finish from a locket size to a poster size, all produced in house. All the equipment is included in the asking price and a full list is available on request.  




Our Opinion:  




This is a rare opportunity to acquire this well located photographic retail outlet in this well known and popular S.Lincolnshire market town.  It will, however, be a distinct advantage to have a degree of knowledge in print processing or experience in photography. The existing owner will provide a reasonable handover and training where required. There has not been as much concentration on the photography studio, family portraits, passport or ID photo side of things and there will be a great potential to expand the sales in this area of the business. The lease is currently on a year to year rolling basis and a new lease will need to agreed with the landlord.  






This is a strictly confidential sale and all enquirers will need to complete an NDA
Established for over 20 years.
Retail shop prime location
Photography Studio with separate entrance
Extensive processing equipment included in sale
No real competition locally
On-site production and printing
Many specialised services
Wide range of frames, albums and photography accessories
Genuine reason for sale
Read more

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Listing Statistics

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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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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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The data showed regarding this advert 'Independent High St Photographic Outlet - 3048TPBW / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.