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Premium Wool and Yarn Retail Business for Sale in Leyburn, North Yorkshire

Leyburn, North Yorkshire
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Established and Most Popular Wool and Yarn Retailer Photo 1
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Established and Most Popular Wool and Yarn RetailerEstablished and Most Popular Wool and Yarn RetailerEstablished and Most Popular Wool and Yarn RetailerEstablished and Most Popular Wool and Yarn RetailerEstablished and Most Popular Wool and Yarn Retailer
  • Status

    FOR SALE

  • Date Submitted:

    10/07/24

  • Advert ID

    614117

  • Reference

    RB10505 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £74,950 (Stock at valuation)
  • Turnover: £150,000 (£2,885 Per week)
  • Net Profit: £64,000 (43% Profit margin)

Key Features

  • Established Business
  • Close to Local Amenities
  • Attractive Business
  • Fully Fitted
  • Retirement Sale
  • Accounts Available

Business Details

Established and Most Popular Wool and Yarn Retailer

Alan J Picken are delighted to offer this established and most popular wool and yarn retailer onto the market.

This is an exceptional opportunity to acquire an established and most popular business, which is only offered for sale due to our client now wishing to take a well-deserved retirement after many happy and successful years in the business.

Since the business was established in 1989 and our client taking the reins in 2016, the shop has become a popular venue for both local and tourist customers.

They commission, spin and dye their rare breed pure Wensleydale Wool in 4-Ply, DK and Aran weight yarns in a spectrum of tempting shades. Worsted spun by local craftsmen in traditional Yorkshire mills. They have their own brand premium Yorkshire Wool and Yarns for knitting and crochet; Sheep Shop Hand Knitting Patterns; Exclusive Wensleydale Knitwear and Yorkshire Woollens; Knitted Garments specially knit to customer requirements, as well as off the shelf; Sheepskin rugs; Wensleydale Fleece, Combed Tops / Roving and Wool Locks for Hand Spinners, Hand Dyers, Crafters, Felters and much more…

Over the years our client has established an excellent reputation over the years with regular, loyal clientele as well as attracting clientele from further afield via its modern website with excellent SEO and easy to use online shop as well as its established social media accounts. In fact, our client ships worldwide!

Turnover circa £150,000 on September 2022 accounts.

Gross Profit 77%

Adjusted Net Profit in excess of £64,000

There is enormous potential to improve the businesses online presence to increase sales and derive maximum profits.

We trust this will prove a resoundingly successful acquisition, especially for a dedicated owner proprietor to continue to exploit the full potential and derive maximum profits.

Business £74,950 Plus SAV

North Yorkshire

Leasehold.

Reference. W10505

Read more

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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.

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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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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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The data showed regarding this advert 'Established and Most Popular Wool and Yarn Retailer - RB10505 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.