Iconic Leeds Bespoke Picture Framing Business with Growth Potential for Sale
Leeds, West Yorkshire
- Status
FOR SALE
- Advert ID
622809
- Reference
RB10642 / Rightbiz
- Call Agent:
- Leasehold: £24,950 (Stock at valuation)
- Turnover: £31,876 (£613 per week)
- Profit: £10,000 (32% Profit margin)
Key Features
- Established Business
- Small Business
- Close to Local Amenities
- Prime Location
Business Details
Very Well known, Established Bespoke Picture Framing Business
Alan J Picken are delighted to offer this Very Well-known, Established Bespoke Picture Framing Business onto the market, which is now offered for sale due to our client now wishing to take a well-deserved retirement after many happy years.
The business is run on the most convenient opening hours operated by our client who offers a Bespoke Picture Framing Service. All work is completed on the premises to the highest level of individual attention. They offer a wide range of mouldings to choose from and cater for customer’s individual needs… “You Name IT....They Frame It!” Including pictures, paintings, photographs, sports shirts, sporting memorabilia, medals, rosettes, tapestries, mirrors, and much more.
The business attracts a very regular clientele from Leeds and surrounding conurbation, in the shop itself as well as via the phone order service and its own website. There’s huge scope to push online sales to increase sales and maximize profits.
Turnover on accounts £31,876.
Gross Profit £25,953.
Adjusted Net Profit circa £10,000.
We therefore trust this will prove a resoundingly successful acquisition for an enthusiastic purchaser to continue to exploit the full potential and derive maximum profits.
Business £24,950 Plus SAV
Leeds, West Yorkshire.
Leasehold.
Reference. RB10642
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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.
Be safe, use a Rightbiz Solicitor
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