Profitable Bathroom Showroom in East Riding of Yorkshire - Growth Potential & Flexible Purchase Options
Undisclosed, East Riding of Yorkshire
- Status
FOR SALE
- Date Submitted:
03/01/23
- Advert ID
505757
- Freehold: £649,000 (Stock at valuation)
- Leasehold: £399,000
- Rent: £12,000
- Turnover: £780,000 (£15,000 Per week)
- Net Profit: £280,000 (36% Profit margin)
Key Features
- Attractive Business
- Established Business
- Accounts Available
- Unique Business
- Town Centre location
- High Turnover
- Open Plan Trading Area
- Close to Local Amenities
Business Details
Successful and Growing bathroom showroom
The bathroom showroom and warehouse in the East Riding of Yorkshire are available for purchase as a freehold or long-term lease. This well-established business has plenty of scope for expansion and is already quite profitable, with high sales over short retail working hours. However, the owner is selling the company due to retirement.
Listing Statistics
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Contact seller
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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