Established Ladies Boutique in Prime Potters Bar Location with Online Presence for Sale
Potters Bar, Hertfordshire
- Status
FOR SALE
- Advert ID
622659
- Leasehold: £25,000
- Rent: £17,500 (£1,458 per month)
- Turnover: On request
- Profit: On request
Key Features
- Potential for Alternative Use
- Accounts Available
- Attractive Business
- Fully Fitted
Business Details
Ladies boutique for sale Potters Bar
Established Ladies Clothing Store for Sale
This well-established ladies' wear store has successfully operated for 18.5 years in the bustling town center of Potters Bar, Hertfordshire. Having cultivated a loyal clientele over the years, the boutique presents an attractive opportunity for potential buyers or entrepreneurs looking to make their mark in retail fashion.
The boutique benefits from a prime location with parking available for two cars and proximity to popular amenities, including Spec Savers, McDonald's, Pizza Hut, and Nationwide. This strategic location ensures a steady influx of customers and foot traffic. Additionally, the store faces limited competition, with only one other ladies boutique found on the adjacent high street.
With a competitive leasehold price of £25,000 and an annual rent of £17,500, this entirely fitted business comes with all stocks included. The boutique boasts an online presence, creating further reach and sales potential beyond physical store visits.
The business comprises two employees and features a sound financial standing with accounts available for review. It has maintained a steady turnover over the years, providing stability for new ownership. Despite the consistent performance, the current owner seeks to explore different ventures, thus presenting this sale opportunity.
This small yet attractive business offers potential for alternative uses and is poised for continued success in a prime location, making it a worthy investment for anyone in the fashion retail industry.
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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.
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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 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.
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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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