FOR SALE
06/02/24
606316
553 / Rightbiz
***PRICE REDUCED FOR QUICK SALE***
This is a superb opportunity to acquire a well-established independent gift retail business based in Bowness-on-Windermere, Cumbria. This is available on a leasehold basis.
The business sells a wide selection of high-quality, unique gifts and accessories for men from shave sets, body care products, jewellery, and watches, to bags, underwear, books, games, gadgets and much more via their well-equipped premises located in the centre of the town, as well as their fully functioning website. This award-winning business is based in a tourist 'honey pot' in the beautiful Lake District and is always popular with locals and tourists alike.
The business has been successfully trading since 2017 and has a loyal customer base. Benefiting from high footfall, especially in the warmer months, as well as having active website sales, the business has created an excellent reputation for the quality and range of its products, incredible customer service, and competitive prices. Many of their customers visit the shop and often comment how they wish they had a shop like this where they lived so there is huge growth potential for the online sales. The business has achieved growth on an annual basis since they began trading, and this is largely due to the huge range of products they sell, and that they have minimal competition in the town from other similar businesses.
The premises are bright and spacious and have been renovated to an exceptionally high standard throughout as the vendor has skilfully combined the character features of the property with modern fixtures and fittings. The business is staff run as the current owner works limited hours, so this would be an excellent opportunity for someone who is looking for a managed business.
· Business in operation since 2017
· Steady growth since establishment
· Excellent reputation
· Loyal customer base
· Prime location in town centre
· Minimal competition in the area
· Excellent relationships with suppliers
· High turnover - £82,766
· Huge potential for further growth
· Fully fitted premises.
· Excellent transport links
· Car parking
It is with a heavy heart that the current vendor is selling due to ill health. Due to the nature and impressive potential of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur who is looking for an established business within the retail sector or an existing business looking for a lucrative acquisition. This is a turnkey business that is ready to trade from day one and is positioned to thrive under the impetus of new ownership!
We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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