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Charming Country Gift & Home Decor Store in Diss Norfolk Awaits New Owner

Diss, Norfolk
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For Sale is a Truly Wonderful Country style Gift & Home Decor Business In Diss Photo 1
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For Sale is a Truly Wonderful Country style Gift & Home Decor Business In DissFor Sale is a Truly Wonderful Country style Gift & Home Decor Business In DissFor Sale is a Truly Wonderful Country style Gift & Home Decor Business In DissFor Sale is a Truly Wonderful Country style Gift & Home Decor Business In DissFor Sale is a Truly Wonderful Country style Gift & Home Decor Business In DissFor Sale is a Truly Wonderful Country style Gift & Home Decor Business In DissFor Sale is a Truly Wonderful Country style Gift & Home Decor Business In DissFor Sale is a Truly Wonderful Country style Gift & Home Decor Business In DissFor Sale is a Truly Wonderful Country style Gift & Home Decor Business In Diss
  • Status

    FOR SALE

  • Date Submitted:

    26/04/22

  • Advert ID

    294328

  • Reference

    BB5159 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £65,000 (Stock at valuation)
  • Rent: £7,500
  • Turnover: Not Applicable
  • Net Profit: On request

Key Features

  • Home Based
  • Attractive Business
  • Accounts Available
  • Potential for Alternative Use
  • New Lease
  • Unique Business
  • Adjacent to Multiple Retailers
  • Established Business
  • Small Business

Business Details

For Sale is a Truly Wonderful Country style Gift & Home Decor Business In Diss

Overview:

Here is an absolute diamond of a business that is now for sale. The current owner is looking for the next owner of Our Slice of Country Life. The shop is a Country style Gift & Home Decor business with individual artists and small businesses stocking the majority of the shop.

Reason for selling is simply that my life has changed and I'm wanting more time at home.


Annual Turnover: £55,000

Annual Turnover Period: Annual

Net profit: TBC

Tenure: Relocatable

Lease term:

Lease Expiry: August 2024 However, Break Clause enacted so expires August 2022

Annual Rent: £7,500 Per Annum

Business Rates: EXEMPT

Business Established: 2012

Current owner has run this business for: 10 YEARS


 

Business Sale Description:

For Sale is this charming, independent Gift Shop Business 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 the current owner has put in place.

The business has built up an impressive client base both locally and online and this business benefits from having the option to keep the leasehold tenure on the property or relocating to a different location which aids an easy transition for a new owner. It sees a high annual turnover, providing an extremely promising opportunity.




There is a great mix of stockists with everything for your home/gifting needs %u2764 I started online in August 2012 and opened the shop September 2017 %u2764 moving to a larger premises in July 2020. The business has won awards and has been a finalist in every award nominated. It has a great customer base both in the shop and online and offers unique services and stock not readily found elsewhere.


There is a good stock holding, great accounts, beautiful display furniture and a modern till with stock management. Zero liabilities. The buyer can choose whether they remain in the current building or move it into town, or indeed anywhere in the country.

We have been made aware that the current owner has given notice on the building so it's totally flexible, however the landlord is happy for the new owner to remain here and continue the lease.

The business has free parking out the front of the shop too for upto 4 cars with designated parking bays and also benefits from a strong, local customer base as well as year-round tourist trade. It has a successful website, Facebook page and Instagram account.


Get in contact with us to discuss purchasing your next adventure! %u2764 *


The business has an Annual Turnover of 55k with current Stock holding between £10k and £16k. The business sale will come with Furniture, till etc £4k

The business is Based in Diss, South Norfolk, but can be moved anywhere in the country.

Key Features of This Business:

  • Excellent Reputation;

  • Recently Refurbished;

  • Well Equipped Premise;

  • Loyal Custom Base;

  • Equipment to be included;

  • Huge Growth Potential;

  • Variety of Services or Products;

  • Spacious Premises;

  • Has Supplier Relationships

Key Business Information:

  • Loyal Custom Base;

  • Hosted Events;

  • Equipment included In Sale;

  • High Growth Possibilities;

  • Excellent Reputation



Key Location Features:

  • Home Based;

  • Office Based;

  • High Street Location;

  • Rural Location;

  • Close to Local Businesses;

  • Limited Competition


Accommodation Included: No


Potential Growth Opportunities:

A new owner could look to develop the business further through additional marketing and promoting special offers to gain more customers. The business does limited advertising and has achieved much of its success through its reputation for excellence.

Through increased advertising via social media and online platforms the business could boost exposure to its services and effectively attract more customers.

Vendor Open To a Transition Period: YES

Business Sector Type: RETAIL

Are Company Accounts Available: YES

Management Structure For Business: Run by owner

Number of Staff: 1

Business Sale Asking Price:

£65,000

Business For Sale  BB5159 - For Sale is a Truly Wonderful Country style Gift & Home Decor Business In Diss

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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.

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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.

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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.'.

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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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