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Thriving Sewing and Alteration Shop For Sale in Swinton, Manchester

Swinton, Manchester

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    09/06/24

  • Advert ID

    612577

  • Leasehold: Price on Application
  • Rent: £6,096
  • Turnover: £22,000 (£423 Per week)
  • Net Profit: £12,000 (55% Profit margin)

Key Features

  • Established Business
  • Prime Location
  • Retirement Sale
  • Small Business
  • With Car Park
  • Town Centre location
  • Open Plan Trading Area
  • Potential for Alternative Use
  • Close to Local Amenities
  • Attractive Business
  • Central Position in Affluent Village
  • Fully Fitted
  • Adjacent to Multiple Retailers

Business Details

Very busy sewing, wool, and haberdashery, Swinton Manchester

The following information is about an established sewing and alteration shop for sale in Swinton, Manchester. This lucrative business is currently generating a turnover of £22,000, with a profit margin of £12,000. The asking price is negotiable, and the sale includes all existing stocks. This is an ideal opportunity for those seeking a business venture, as there is the potential for alternative use.

Located in prime city center location, it holds a central position in an affluent village, adjacent to multiple retailers. This shop is unique in the area with no direct competitors. This prime location coupled with its uniqueness points to a very busy trading location, attracting plenty of customer traffic.

Possessing an open plan trading area, the layout is flexible and fully fitted. It has a toilet block with washing facilities, and additional hand wash facilities within the unit itself.

A major draw for potential buyers is the available car park, adding to the attractiveness and convenience of this business. It is close to various local amenities, making it ideally placed for attracting customers. Another plus is the potential for small business relief, meaning that most occupiers should not have to pay rates.

Lastly, the sale of this business is prompted by retirement, marking a pivotal transition. This presents an excellent opportunity for the right individual or business to step into an established operation in a prime location. All these conveniences and strategic advantages make it an attractive investment for prospective buyers.

The price of electricity is included in the overall cost. This added feature further reduces running expenses, making it a more favorable business opportunity.

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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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