Prime Electrical and Toy Retail Business with E-commerce Potential in Long Sutton for Immediate Takeover
Long Sutton, Lincolnshire
- Status
FOR SALE
- Date Submitted:
01/03/24
- Advert ID
607681
- Reference
HA35691G / Rightbiz
- Call Agent:
- Freehold: £225,000
- Turnover: £608,899 (£11,710 Per week)
- Net Profit: Not Applicable
Business Details
Profitable Electrical and Toy Retailer Ready for Immediate Takeover in Long Sutton, Spalding
Discover an exceptional opportunity in the heart of Long Sutton, Spalding, where a high-performing electrical and toy retailer stands as a testament to a successful, family-run enterprise. This business, with its roots deeply embedded in the community since 1945, offers a lucrative venture for both seasoned entrepreneurs and those embarking on their first business journey. Benefiting from a prime location with ample free parking, the shop attracts a steady flow of customers, ensuring robust footfall throughout the year.
Strategically partnered with industry giants Euronics and Toymaster, the business boasts a diverse and in-demand product range that includes everything from the latest in electrical goods to cherished toys. Recent updates to our Euronics online sales platform have significantly boosted our online sales, reflecting our ability to attract a wider customer base. This, coupled with a solid e-commerce platform ready for further exploitation, presents an attractive proposition for any buyer looking to capitalise on the digital retail wave.
The sale represents a turnkey operation; the new owner can hit the ground running from day one, supported by a well-established customer base and glowing online reviews. The dedication to quality service and community engagement has fostered unwavering loyalty among customers, contributing to the business's impressive profitability and market presence. With Hughes's shop in Spalding recently closing, we have welcomed orders from new areas, further strengthening our market position and offering exciting growth potential.
Turnkey retailer with high profit margins
Prime location in Long Sutton, ample parking
Strong partnership with Euronics & Toymaster
Diverse product range, including white goods
Ready for e-commerce expansion opportunities
Solid customer base & excellent online reviews
Full training & support for smooth transition
Freehold property, significant growth potential
Offers around £225,000 + Stock at Valuation | Business Ref: HA35691G
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VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01858 469469.
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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.
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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