Reigate's Top Stationery Shop for Sale - Prime Location and Loyal Customer Base
Reigate, Surrey
- Status
SOLD / WITHDRAWN
- Date Submitted:
06/05/22
- Advert ID
294889
- Reference
INT2027 / Rightbiz
- Call Agent:
- Leasehold: £120,000
- Turnover: £405,000 (£7,788 Per week)
- Net Profit: £54,477 (14% Profit margin)
Business Details
Popular Stationery Business for Sale in Reigate
Reigate is an affluent and historic Surrey commuter town with excellent transport links (J8 of M25 and railway station) into London and is located just under 8 miles from Gatwick Airport.
Total retail expenditure in the Reigate and Redhill district is circa £440 million.
Within a 15-minute drive time there are c 153,000 people with 69% in social class AB and C1.
The business offers a wide range of products and services and are the main stockists for many leading companies, building a great reputation with locals. They are very well-known in the Reigate area and many locals are familiar with the brand and the shop’s location.
With over 30 years of trading history, the business has built a loyal customer base and aims to give outstanding service and great value to their customers, making them regulars.
The business stocks a variety of stationery such as diaries, notebooks, pens, and art materials, educational toys & jigsaws, stationery, greeting cards and more.
An extremely profitable opportunity, margins are in the region of 52%+.
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Listing Statistics
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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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Advert pending deletion
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.
Be safe, use a Rightbiz Solicitor
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