Highly Rated Hubbly Bubbly Bazaar Vape and Smoking Accessories Shops Up For Sale in Southampton Hampshire
Southampton, Hampshire
- Status
FOR SALE
- Date Submitted:
14/02/24
- Advert ID
606776
- Reference
B07839 / Rightbiz
- Call Agent:
- Leasehold: £90,000
- Turnover: £276,647 (£5,320 Per week)
- Net Profit: £65,391 (24% Profit margin)
Business Details
Highly Rated Smoking Accessories And Vapes Shops For Sale
BusinessPlease quote reference B07839
CoGoGo welcomes to the market Hubbly Bubbly Bazaar, a highly rated retailer of smoking accessories and vapes in Southampton.
The businesses were first established by our client in 2012, starting on a trolley on the high street. Our client then opened the store a couple years ago, building up excellent reputations and regular client bases. As seen by the online ratings and reviews for both stores, they are extremely popular within the communities.
Hubbly Bubbly Bazaar has now come to the open market due to our clients desire for a change of direction.
The business stocks a massive range of smoking accessories including E-cigarettes, Vapes, Vaping liquids, grinders, water pipe, CBD products, Shisha, phone accessories, souvenirs, watches etc.
ey selling points -
- A well established business with an enviable reputation and many existing and loyal customers
- Prime trading positions at both locations
- Current owner happy to offer a handover to ensure the continued success
- Ideal owner managed or partnership business
- Perfect Bolt On to an existing vaping business looking for a foothold in Southampton
- Advertising and Marketing campaign
- Maximise the use of social media across all platforms
- Update the existing website ideally adding an e-commerce facility
- Invest in SEO and PPC to drive more customers to the business
Location
The business is located on Bedord place and is surrounded by complimentary retail businesses.
Premises
Occupies a ground floor retail unit that isideally suited to the trade with a generous retail area along with store rooms to rear.
Additional space available in the basement.
Private car park.
Tenure
We are advised that the business is being sold on a Leasehold basis, on the following terms -
(Commenced 02/02/2020) Currently on a 5 year lease and rent of £14,500 per annum (£15,000 per annum from year 3).
Hours
The current trading hours are -
Monday to Saturday - 12pm - 8pm
Staff
We are advised that the business is run and managed by our client, with the help of staff.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £277,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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
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
Get Solicitor
