Profitable Secondhand Furniture Shop in Prime Grimsby Location for Sale
Grimsby, Lincolnshire
- Status
FOR SALE
- Date Submitted:
13/12/21
- Advert ID
287377
- Leasehold: £29,000
- Rent: £12,000
- Turnover: Not Applicable
- Net Profit: On request
Key Features
- New Lease
- Fully Fitted
- Established Business
- Prime Location
- Potential for Alternative Use
Business Details
Furniture Secondhand shop for sale in Lincolnshire
Profitable secondhand furniture shop for sale
Established three years ago, the shop is in Grimsby, Lincolnshire.
It is on the main road with bus routes and train links nearby.
The shop is in high demand. It is in a prime spot with theatre pubs close by and a lot of passing traffic.
The area has healthy competition and good footfall.
The shop also has 24-hour free parking.
The business has a high profit margin of around 400% and is very easy to run.
The sale is for the leasehold of the business.
Willing to sell the business at £29,000, or your nearest offer.
The price includes fixtures and fittings.
The sale includes stock worth £20,000.
The yearly turnover of the business is £150,000. There has been a steady increase over the years.
The sale includes accommodation with two flats above. The first flat has one bedroom and the second one has three.
We are currently open 10 am to five pm. The Saturday timings are 10 am to one pm.
The manager runs the shop by himself.
The owner is willing to provide training to the new owners.
The reason behind selling is that the owners are relocating to London.
Please call for more information.
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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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