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Profitable Independent Gift Shop and Studio in Basingstoke Hampshire for Sale

Basingstoke, Hampshire

CONFIDENTIAL SALE

  • Leasehold: £55,000
  • Turnover: £144,000 (£2,769 Per week)
  • Net Profit: On request

Key Features

  • Prime Location
  • Retirement Sale
  • Established Business
  • Company for Sale
  • Unique Business
  • Central Position in Affluent Village

Business Details

RB02 ABS Independent Gift Shop and studio offering a unique range of gifts and handmade cards.

Asking: Offer in the region of £55,000

Current Turnover: circa £140,000

 Unique Sales Propositions

·       Very well established and successful business.

·       Very Profitable.

·       Hugh potential to develop the business.

·       Very customer friendly

 

Key Selling Points:

·       A Great choice of handmade cards and reasonably priced unique gifts

·       The business is a well-established and successful business which has traded from this prime location.

Business Profile:

Unique opportunity to own a well-established independent unique Gift and Handmade Card Shop. The shop is a popular, independent, and long-established gift shop selling handmade cards and unique gifts, with a large following on the Facebook page and many loyal customers built up over the 16 years by offering unique gifts and cards and excellent customer service.

The owner works on her own with occasional help to unpack and price. The premises are a shop, and a good size area of the premises is used as studio/workroom, this could be made as part of the shop. There is also a kitchenette with sink, hot and cold water, a fridge and toilet facilities.  The bin compound is on site.

Marketing:

The business doesn’t advertise but uses Facebook page as an up to date, daily advertisement.

Location:

On the outskirts of Basingstoke. Located within a busy craft center, the shop benefits from free customer parking. With the same owner for 16 years, this is a wonderful easy to run business and an opportunity is not to be missed.

Property:

Superb location, ideal premises, held on reasonable rent, on a secure council lease, ample onsite parking

Competition:

The nearest competition is only one shop that is about 8 miles away. The town Centre of Basingstoke does not have any independent shops.

Opening Hours:

The gift shop trades during sensible hours over 5 days a week Tuesday to Saturday.

Future opportunities: 

There is scope to increase trade by increasing the presence on social media, utilizing e-commerce, and extending opening hours.

Support and training:

The vendors would be happy to stay and hand-over and are happy to provide training for an agreed handover period.

Reason for sale: Retirement Sale

Next Step: You will need to fully complete our Confidentiality Agreement

 

Read more

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Listing Statistics

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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.

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